Posted 10 months ago | by Ben Armstrong

Trading Cryptos? Check Out Binance

Binance is one of the world’s leading cryptocurrency exchanges with more than 15 million users worldwide. The highest number of users on the exchange hail from Russia with 8.9 percent. The second highest is the United States at 8.4 percent.

Binance DEX and Binance.com offer loads of trading options. If you are interested in signing up for an account with Binance, please click right here. The platform has loads of tools for traders and investors, and you will likely find what you are looking for.

Binance DEX and Binance.com Take Care of Trading

There are two types of Binance exchanges, including Binance DEX and Binance.com.

Binance DEX is a decentralized crypto exchange where users can control their private keys. Binance DEX encourages users to make peer-to-peer interactions traders, as traders can trade directly to one another with the platform.

Binance.com is centralized and users do not have complete control of their private keys. The platform can settle transactions within seconds. This version of the exchange is also called as regular Binance. It also offers leveraged trading.

Is Binance a Good Choice?

There are many coins are available for trading on Binance. The exchange has a long list of currencies, including market leaders such as Bitcoin, Litecoin, Ether, Ripple (XRP) Stellar Lumens (XLM), Tron (TRX), among others.

Binance is also a great idea for anyone who would like to seek to increase their profit margin by saving on fees. It has one of the lowest trading fees among top cryptocurrency exchanges.

While hackers are peeping through the tiniest holes for a security vulnerability, Binance offers two-factor authentication methods and is monitoring accounts for suspicious withdrawal activities.

EIO support features via Binance Launchpad, that allows new token sales activated monthly on the exchange’s token sale platform and a guaranteed listing following the sale. Binance can handle high trade volumes. The platform is one of the best crypto prices for Bitcoin and other highly traded assets.

Binance also has a referral program that gives a percentage of the trading fee to the referrer when the referred party makes a trade. If you want to build up a passive income stream, this program may work for you.

The Takeaway

Binance offers a lot, and looks good when compared to other exchanges on trading fees, user safety, user trading volume, and services. Binance remains one of the most reputable places to buy and trade cryptos.

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