Binance Review and Comparison

[Goldlife]

Binance is one of the leading trading platforms around, with over 200 coins supported for deposit and withdrawal. In this review I’ll cover the main things you need to know before signing up.

From Binance Review - 5 Things to Know Before Signing Up (2021 Updated)
https://99bitcoins.com/bitcoin-exchanges/binance-review/

<h2>Binance Review summary</h2>
<p><a href="/goto/binance" target="_blank" rel="nofollow noopener noreferrer">Binance [/url]is a crypto trading platform that offers one of the most competitive rates around. Whether you’re a beginner or a seasoned trader looking to trade crypto, this is probably the easiest and cheapest way to go.</p>
<p>The platform accepts users from around the world and has received favorable reviews from the crypto community. Recently the exchange has also partnered with 3rd party companies such as Simplex to allow credit card and wire transfer purchases of cryptocurrencies at a premium. Finally, US users can trade on <a href="https://99bitcoins.com/binance-us" target="_blank" rel="nofollow noopener noreferrer">Binance-US[/url] which is compatible with US trade regulations.</p>
<p>That’s Binance in a nutshell. If you want a detailed review of Binance keep on reading, here’s what I’ll cover:</p>

From Binance Review - 5 Things to Know Before Signing Up (2021 Updated)
https://99bitcoins.com/bitcoin-exchanges/binance-review/
<h2>1. Binance Overview</h2>
<p><a href="https://99bitcoins.com/goto/binanace" target="_blank" rel="nofollow noopener noreferrer">Binance[/url] is a Hong Kong–based cryptocurrency exchange launched by developer <a href="https://www.linkedin.com/in/cpzhao" class="external" rel="nofollow" target="_blank">Changpeng Zhao[/url] (aka CZ) in July 2017. Zhao’s company Beijie Technology created the exchange after <a href="https://www.binance.com/resources/ico/Binance_WhitePaper_en.pdf" class="external" rel="nofollow" target="_blank">a successful ICO[/url] that raised $15 million.</p>
<p>Investors who invested in the ICO got Binance Coin (BNB) in return which can be used to trade cryptocurrencies and pay for fees on Binance. BNB’s initial value was around $0.1, and as Binance got more and more popular the coin appreciated in price.</p>
<p>Beijie Technology and its founder maintain an impressive track record within the industry. Zhao’s CV includes high-profile positions, such as technical director at Blockchain.com, and his company now provides trading systems for over 30 other platforms.</p>
<p>Following struggles with the Chinese government’s views on cryptocurrencies, Binance now runs its servers from more lenient states, providing it with the freedom to run a competitive exchange service:</p>
<p>“In response to China’s decisions, we are moving our IP’s from Hong Kong to an offshore location. So we are registered in multiple locations and we have people in multiple locations. That way we will never be affected by one regulatory body,” explained Zhao.</p>
<p>The trading exchange has been experiencing astounding success since its summer launch, and it now sits around the top ten in terms of 24-hour trading volumes on <a href="https://coinmarketcap.com/exchanges/volume/24-hour/all/" class="external" rel="nofollow" target="_blank">Coinmarketcap[/url].</p>
<h2><a id="exchange" data-ps2id-target="" class="_mPS2id-t">[/url]2. Binance Services</h2>
<h3>Binance Exchange</h3>
<p>Binance‘s Exchange allows users to exchange fiat for Bitcoin or other coins. There are several ways you can buy crypto on Binance:</p>
<h4>P2P trading</h4>
<p>A very neat feature, Binance provides a peer-to-peer (P2P) trading service, which connects buyers and sellers of cryptocurrency directly. This facilitates fiat payments, with a wide variety of payment options that depend on the users’ preferences.</p>
<h4>Credit/Debit card:</h4>
<p>Binance has recently partnered with Simplex to supply a brokerage service via credit and debit cards. This service allows you to<a href="https://www.binance.com/en/creditcard" class="external" rel="nofollow" target="_blank"> buy 31 different cryptocurrencies[/url] with a credit card. However, this service comes with a premium that can get as high as 3.5% fee for USD purchases.</p>
<h4>SEPA/Wire transfers</h4>
<p>Thanks to integrations with additional 3rd party providers, Binance now enables its users to buy crypto directly with fiat using SEPA &amp; bank transfers. This option is especially attractive, as SEPA &amp; wire deposits entail no transaction fee at all. On the downside though, while this payment method is available for several fiat options such as euros, CAD &amp; AUD, it is not available for USD deposits.</p>
<p>Last, Brave, the privacy-focused browser integrated a Binance Widget for in-browser trading. The widget allows users to buy and trade crypto through Binance, as well as view and manage their crypto portfolio.</p>
<h3><a id="trade" data-ps2id-target="">[/url]Binance Trading Platform</h3>
<p>Trading on Binance is fairly easy and user friendly. There’s an impressive cryptocurrency selection available for trading in conjunction with the Bitcoin, Ether, BNB, XRP and Tether trading pairs. Crypto/fiat paris are also available on Binance’s fiat markets.</p>
<p>Users can choose between the “basic”, “classic” and “advanced” interfaces for order book style trading plus margin, peer-to-peer and OTC trading options.</p>
<h4>Spot trading</h4>
<p>For spot trading, users can select between three different interfaces, based on their experience level. The classic interface allows a quick view of market and trading pairs, making it easier to switch pairs. The advanced view gives users access to advanced charting tools.</p>


More info:
From Binance Review - 5 Things to Know Before Signing Up (2021 Updated)
https://99bitcoins.com/bitcoin-exchanges/binance-review/
https://99bitcoins.com/bitcoin-exchanges/binance-review