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Review on Binance Coin by Bin Laden
Binance strives to become one of the biggest players on the market by…
Binance strives to become one of the biggest players on the market by providing decent trading technology, huge array of cryptocurrency pairs to trade and rally generous fees and commissions. On the other hand, Binance is operates from china where official stance on cryptocurrencies has deteriorated recently.
Pros
- Binance is known for its fast transaction processing as well as its low trading fees (0.1%). The Binance technology is capable of processing 1.4 million orders each second. The exchange was created by experienced professionals in the cryptocurrency space, and the most recognizable name behind this project is that of Changpeng Zhao, former CTO at OKCoin.
Cons
- Only provides options for limit and market orders, as a strictly cryptocurrency only exchange, you cannot fund your account with normal currency, Hong- Kong Based, relatively Low Liquidity (after China Regulation Efforts) and not very accessible to beginne.
