Binance is a leading cryptocurrency exchange that offers trading on the likes of Bitcoin. Our review looks at the login procedure, fees, API offering, and its decentralised exchange service (DEX). We’ll also unpack the range of Binance markets, from crypto futures and options to leveraged tokens.
What Is Binance?
Customers buy, sell and manage crypto assets for investment on the Binance exchange. The secure online platform offers multiple crypto trading products while holding licenses with several regulatory agencies. The firm has an average daily trading volume of over $2 billion and its owner – Changpeng Zhao, has a personal net worth of more than $2 billion.
Access
The company’s services are available in many jurisdictions including in the UK, Uganda, Nigeria, and the US. Binance Europe Services Limited is based in Malta and serves as the organisation’s headquarters.
Binance Markets Limited is the trading name of the UK operation which follows regulations from the Financial Conduct Authority (FCA) and has an office address in London. Potential UK customers should note that individuals dealing in crypto assets may be subject to income and capital gains tax.
The firm recently announced the closure of its local branch, Binance Jersey (Binance.je), as its services are now available with the global entity. Customers with this branch should sign in with their login credentials to withdraw any funds from their accounts before the website is shutdown.
More info:https://www.daytrading.com/binance