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Score 97 / 100
Security 8
Customer Support 8
User Friendly 9
Regional Availability 9
Reputation 8
Fees 10

Pros and Cons

  • CheckGreat user experience
  • CheckGood support
  • CheckWide range of coins
  • CheckLow fees
  • CrossRegistration sometimes closed

Payment Methods

Payment Method Name Deposit Fees Exchange Rates Max Purchase
Without Verification
Max Purchase
With Verification
CheckCredit CardCross
CheckPaypalCross
CheckCashCross
CheckNetellerCross
CheckBankwireCross
CheckSkrillCross
CheckCryptosCross

Binance Review

Binance has quickly become largest crypto exchange in the world. It has overtaken exchanges such as Poloniex and Bittrex in terms of volume traded due to Binance superior support and software platform. To fund the development of Binance, the development team launched an ICO and sold BNB-tokens which can now be used for trading on Binance. They also offer a brilliant mobile app for Android and Iphone.

The team behind Binance maintains an open dialogue with the cryptocurrency community and hosts votes frequently to choose what new altcoins will be added to their already wide range of supported cryptocurrencies and tokens.

Binance has very low fees and the user has the option to pay fees in either the traded currency or Binance tokens (BNB).

If you choose to pay fees in BNB Binance will slash an additional 50% of the trading fee.

Binance CEO, Changpeng Zhao, has an impressive track record within the cryptocurrency community. He has previously worked at Bloomberg and as lead developer at Blockchain. Right now there is no better alternative to Binance for altcoin trading and the platform is really easy to use.


Fees & Deposit / Withdrawal Limits

There are no deposit fees or limits on Binance.
The trading fees on Binance are 0.1% currently, and using their own BNB token to pay fees it is as low as 0.05%.
This makes Binance one of the cheapest exchanges out there today.

Security

As Binance has developed and grown so have their security. They do offer standard 2FA Authentication and Binance is one of the most safe and secure platforms in the world.

Review Score: 97

Company Information

Company: Binance

Binance is the biggest cryptocurrency exchange in the world, founded by Changpeng Zhao in 2017.

Traded Currencies

  • CheckCheckBitcoin
  • CheckCheckEthereum
  • CheckCheckRipple
  • CheckCheckLitecoin
  • CheckCheckStratis
  • CheckCheckNEM

Latest news

Elon Musk X Obtains Crypto License in USA

News
By admin - August 31, 2023

Elon Musk continues to develop X (formerly Twitter) following his vision of creating a super app and an app that will become the world’s biggest and best app when it comes to financial transactions. This means X crypto exchange and Wallet could soon be launched. Yesterday it was revealed that the American state of Rhode […]

Worldcoin Officially Launched

NewsWorldcoin
By admin - July 25, 2023

Worldcoin, the highly anticipated, decentralized biometric ID protocol, has officially launched, allowing users to reserve their share of WLD, the incentives-driven token of the protocol, that will be granted when confirming one’s identity using a biometric device called the “Orb.” In addition, Worldcoin also informed that it will be accelerating the rollout of these devices […]

Crypto Exchange Rain Lands UAE License

News
By admin - July 25, 2023

DUBAI, July 25 (Reuters) – Middle Eastern crypto exchange Rain said on Tuesday its Abu Dhabi unit obtained a license to operate a virtual assets brokerage and custody service for clients in the United Arab Emirates. The Bahrain-headquartered Rain, backed by Coinbase, said its entity based in the Abu Dhabi Global Market financial freezone will […]

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