The word “Binance” derives from the words “binary” and “finance”. Binance was founded by Chinese-Canadian, Changpeng Zhao, who is also leading the company as CEO. Binance grew so quickly, that in January 2018 they had to suspend new registrations, as too many people were trying to open a Binance account.
In less than two years of existence, Binance Exchange has since become the leading global cryptocurrency exchange by trading volume and with users from over 180 countries and regions.
Official website: https://www.binance.com
Security: very high
Reputation: very high
Trading pairs: 500+ (excellent choice, lots of altcoins)
Trading fees: 0.1% general fee (can be reduced based on trading volume)
Deposits: crypto deposits - no fees
Wire deposits: YES
Credit card deposits: YES (newly added, only few exchanges offer this)
Withdrawals: crypto withdrawals, fees depends on currency
Margin trading: YES (up to 3x leverage)
Mobile app: YES
Customer support: good, including many social media
US customers: NO
Specials: - Own token Binance Coin (BNB) (holder of BNB pay reduces commissions)
- Binance has launchpad for own IEO tokens, which are tradable only on Binance.
- FUTURES trading
- Binance DEX (decentralized exchange)
Binance is without a doubt one of the most important crypto exchanges in the world today, and we don't see this situation changing anytime soon.
Practically, every coin, every crypto project is trying to get listed on Binance. It is because Binance has great liquidity, reputation and is used by millions of users worldwide. If you are in crypto and you missed this exchange, you are making a very big mistake!
Binance registrations are open again and if you register now with our link, you will get 5% kickback from every commission you pay to Binance forever.
FREE MONEY lifelong so we definitely recommend to use this now!