Binance is a rather recent cryptocurrency exchange platform since it was launched on the market in July 2017. It is a Chinese company that is present worldwide with offices in several Asian cities (Tokyo, Hong Kong, Shanghai and Singapore) but also in Europe and South America.
To date, Binance offers trading on dematerialized currencies in more than 180 countries and more and more investors are registering. If you are reading this article it is certainly because you are looking for information on this platform, discover the opinion of our team! Binance has quickly become one of the leading trading platforms in the market
It will not have escaped anyone, the crypto-currency is one of the flagship investments currently and the phenomenon continues to grow day by day, so many investors are looking for the best platform for their trading. You wonder about Binance, we give you our opinion!
Binance is a platform that has many advantages:
- Low trading costs
The trading fees are so low that they represent, in our opinion, the biggest asset of the platform. Binance charges an average of 0.1% fee on each exchange which is much lower than most other platforms of this type, and this amount can even be decreased!
Indeed, the use of Binance Coin (BNB), the dematerialized currency created by Binance, can make it possible to obtain a 50% reduction in these fees which then amount to only about 0.05%!
- Wide choice of cryptocurrencies
Users also appreciate the variety of currencies available for trading. The choice is very important and new assets are regularly added to allow traders to diversify their portfolios and benefit from the best opportunities.
Using the platform is relatively simple. There are also two modes (basic and advanced) which allows you to choose the type of display you prefer.
On the performance side, Binance also hits very hard. It is capable of processing up to 1.4 million orders per second!
Flash to visit the Binance website
Binance truly has its place among the best cryptocurrency exchanges in the world. It only took a few months to seduce investors!
Note that Binance only accepts cryptocurrency exchanges. It is therefore not possible to exchange euro, dollar or other fiat currency for virtual currencies. You must own a wallet with Bitcoin, Ether or other cryptos. Our opinion on Binance
Binance is a platform that stands out for the number of cryptocurrencies it offers and the trading fees that are really lower than on many other sites of this type.
That’s not all, registration on the platform is simple and the account is usually validated within a few days only. Note that account validation is not required to start trading which is also something we appreciate.
In our opinion, Binance really has its place among the best cryptocurrency exchange platforms. To access it, click below:
Special cases: Cryptocurrency exchanges are sometimes taken by storm and can therefore display significant account validation delays. To avoid this problem, Binance has chosen to temporarily suspend the opening of new accounts (only when its services are saturated of course) so as not to penalize new registrants. It can be a bit frustrating but the platform is definitely worth being patient and waiting a few hours or days for it to be accessible to new investors again.