Detailed review of the Binance cryptocurrency exchange
Binancecryptocurrency exchange is a relatively new exchange that began operations in 2017, and during this time it has gained popularity among users. Today,Binanceexchange is in the top 29 exchanges in daily trading volume.One of the reasons for such a high popularity of the siteis a very small fee on transactions.
Binance cryptocurrency exchange
Binanceexchange is a cryptocurrency exchange that has been operating since 2017 and is one of the leaders in terms of trading volume among currently known similar trading platforms. The main office of the company is located in Shanghai. Information available at fraudbroker.com – https://fraudbroker.com/review/binance/ was used to prepare this review.
The main advantages of the Binance exchange for traders include:
- High trading volume for many cryptocurrency pairs
- One of the lowest fees when trading cryptocurrency (0.1% of the transaction, and when using the internal token, the fee is even lower)
- It is not necessary to pass account verification
- Stable operation and high performance
- Convenient and functional interface for experienced traders
- A wide selection of popular trading pairs
- There is a referral program, in which each registered user can take part
Types of cryptocurrency
There are many various types of cryptocurrency used on the platform. Over 250 cryptocurrency pairs are available for transactions. This expands the opportunities of traders and allows you to arrange the most profitable deals. New coins that seem promising appear on the platform in a timely manner.
Here is a list of the ten most popular cryptocurrencies, with a maximum cash flow on the exchange:
- Binance Coin
- Nucleus Vision
Regulation of Binance
The central office of the company is located in China, in Shanghai. However, the project attracts users from all over the world and can be considered international. There is no restriction on the registration of traders from other countries.
Is Binance a scam?
The reviews aboutBinance are only positive since it works stably, is easy to use, and it has one of the lowest fees for trading cryptocurrency. Indisputable advantages are high daily volumes of many cryptocurrency pairs and the presence of many tokens that are not found on other exchanges.
Summing up,Binance is one of the best options for the trading and investing. This is evidenced by the popularity, trading volume, and the number of supported currencies. The exchange is suitable for both professionals and beginners, thanks to the availability of appropriate modes.
You can learn more about how to trade with cryptocurrency at https://fraudbroker.com/cryptocurrency-trading/