Binance is undoubtedly one of the most popular cryptocurrency exchange sites with a special focus on cryptocurrency trading. Based in China, the platform has gained massive popularity over the past few months and is among the most used in 2018.
The impressive coin offerings and amazingly low trading fees has made Binance a true leader in the crypto trading world. Even though the company was launched in 2017, it outperformed a lot of competitors and quickly rose to one of the most reliable and cheap Bitcoin exchange platforms.
Even though the company was launched a few months ago, it lets you trade with various deposit methods. The 0.1% trading fee makes everything a lot easier – and has attracted many traders so far to invest thousands of dollars. Basically, the company makes it easy for beginners to execute simple trades and provides professional traders to access to more complex options. One of them is margin trading which is a great way to set up your cryptocurrencies to be automatically bought or sold when they reach a specific price margin.
You can download the Binance mobile app or create an account online to trade cryptocurrencies. There is even a token produced by the platform which is known as BNB which can be used to pay any kind of fees incurred on the exchange. Binance as a Bitcoin broker currently deals only with cryptocurrencies and doesn’t offer any fiat/cryptocurrency pairings.
You cannot buy Bitcoin or any other altcoin with US dollars, Euros or another fiat currency – but can exchange and trade crypto on Binance in an easy way. Safe and secure against the ISO/ICO 27001:2013 and CCSS security protocols, Binance offers everyone two-factor authentication which makes it safe and secure.
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