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12 Karma
Review on Binance Coin by Uyen To
The Binance exchange is like most other cryptocurrency exchanges in that it…
The Binance exchange is like most other cryptocurrency exchanges in that it allows its customers to exchange one cryptocurrency for another. It uses a custom matching engine to match buyers and sellers at the requested prices. Once the trade is processed, each customer receives what they want, and Binance receives a small fee for providing the matching and exchange service. This is how an exchange makes a profit.
Pros
- Binance is a stock market. Its popularity is growing very actively and it has its own chips that can be proud of, but it has an important active role in the resources it plays that exchange does not use traditional methods but is done by means of the ICO investors have been paying attention to the project and the companies are very supportive Binance.
Cons
- Based in China, so it’s unclear how recent regulatory actions by the Chinese government may impact the exchange.
