Binance is a leading cryptocurrency exchange for cryptocurrency traders and the world’s biggest bitcoin exchange and altcoin crypto exchange in the world by volume. Today, the exchange has over 15 million users and settles more than USD 2 billion on an average trading day.

What is Binance

Binance is a leading cryptocurrency exchange that offers trading Bitcoin and altcoins. Changpeng Zhao (Chinese: 赵长鹏) is a Chinese-Canadian business executive, who is the founder and CEO of Binance. Zhao was previously a member of the team that developed Blockchain.info and also served as chief technology officer of OKCoin.

  • Web address: Binance.com / Binance.us
  • Main location: Malta
  • Daily volume: 493248 BTC
  • Mobile app available: Yes
  • Is decentralized: No
  • Parent Company: Binance Holding
  • Transfer types: Bank Transfer, Credit Card, Debit Card, Crypto Transfer
  • Supported fiat: USD, EUR
  • Supported pairs: 500+
  • Has token: Binance Coin BNB
  • Fees: Very Low

binance cryptocurrency exchange

Pros

  • Very low fees
  • Ease of use
  • Ability to buy and sell crypto with fiat
  • Wide range of cryptocurrencies (altcoins)
  • Very high liquidity

Cons

  • No phone for customer support
  • Experienced security breaches in the past
  • No privacy-preserving measures

Binance exchange is one of the TOP 5 cryptocurrency exchanges for beginner and advanced investors.

Screenshots

Binance features

Binance’s core features include:

  • Low trading fees
  • Customer support 24/7
  • Binance card

Mobile version and Web platform

Binance cryptocurrency exchange is accessible via its web platform, mobile apps (Android and iOS), and desktop clients for macOS and Windows.

Binance Launchpad

As a registered user, you can participate in Binance’s initial exchange offerings (IEOs). One of the recent projects was My Neighbor Alice.

Passive income from crypto assets

Binance supports staking, crypto lending, and other means of earning passive income from your crypto assets.

Binance coin (BNB)

BNB powers the Binance Ecosystem. As the native coin of Binance Chain, BNB has multiple use cases: fueling transactions on the Chain, paying for transaction fees on Binance Exchange, making in-store payments, and many more.

Binance ecosystem

binance ecosystem
Binance ecosystem

Binance Exchange is the largest crypto exchange by trade volume and one of the fastest in the world. Binance is a blockchain and crypto-asset exchange

Binance Chain

Binance Chain is a community-driven blockchain software system, with developers and contributors from all over the world. Binance DEX is the decentralized exchange feature developed on top of the Binance Chain.

Academy

Binance Academy is an open-access learning hub, providing a one-stop-shop for blockchain and crypto learning resources.

Charity

Binance Charity is a not-for-profit foundation dedicated to advancing blockchain-enabled philanthropy and global sustainable development.

Info

Binance Info is a crypto-encyclopedia; an open and objective information aggregation platform where anyone can contribute.

Labs

Binance Labs is an infrastructure impact fund and an initiative to incubate, invest in, and empower blockchain projects.

Launchpad

Binance Launchpad is the exclusive token launch platform for entrepreneurs to bring the most transformative crypto projects to life.

Research

Binance Research provides institutional-grade research reports, data-driven insights and analysis for investors in the crypto space.

Trust Wallet

The official wallet of Binance, Trust Wallet is a secure, decentralized wallet where users can send, receive and store their digital assets.

Binance trading fees

Trading on Binance is fairly easy and user-friendly. Binance takes a 0.1% cut of every trade that takes place on its trading platform.

binance trading fees

Click the link that gives you a 10% commission kickback, in other words, you save 10% on trading fees.

TRADE ON BINANCE

 

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