Binance Review 2018: Comprehensive Crypto Coin Exchange
Binance is a Chinese cryptocurrency exchange. Binance was created after attracting funds via an ICO (Initial Coin Offering – creating a new digital asset, backed by the project. Changpeng Zhao, former CTO at OKCoin is currently at the helm of Binance. They are known for fast processing speeds coupled with an ability to process enormous numbers of transactions (1.4 million) each second. It’s been quickly gaining ground in market share cementing a place as a top 20 exchange in terms of volume.
Binance transaction has reached a new level and currently score tenth place in the world. Binance offers a generous daily withdrawal limit. They don’t need identity confirmation when the per day remittance is within limit of 2 BTC.
Binance Features
Binance’s trading platform is web-based. Furthermore it offers two distinct trading layouts, a more simple one and a “Pro” version.
Their ICO has created tokens named BNB that are traded on the exchange. They can also be used as a method of paying your trading fees, which will reduce them by 50%. Binance offers their own startup incubator platform as well. The trading functionality of the platform was of more interest so we focused on that for the purposes of this Binance review.
Below is the “standard platform” look:
Below is the advanced display:
BINANCE Advantages
Large Cryptocurrency Pairings Supported
The competitive advantage of Binance’s platform is the ability to trade every major cryptocurrency pairing in existence. Coinbase and Gemini only offer trading of a handful of the larger market capitalization cryptos, whereas Binance allows users access to trade over 100 crypto coins.
Low Fees AND LIMITS
The fee structure is simple as well as being priced. There is a flat 0.10% fee on all trading. The 0.10% fee on trades is one basis point. If you were to buy a cryptocoin at 100 you’d have to sell it higher for 101 to profit.
Ease of Setup
Setting up an account is straight forward, similar to signing up for an account with other service providers. Another advantage is there is no lengthy waiting time, users are able to get setup and running within minutes. This is due to the fact that fiat is not accepted on the exchange.
Binance Provides Significant Trading Volume
Binance is currently the third largest exchange by cryptocurrency trading volume, according to coinmarketcap. At the time of writing, Binance’s volume was an astounding $5,441,711,452 in the last 24 hours! This volume demonstrates their users clear trust in the exchange, as well as the accessibility of the exchange and ease of transacting. This type of volume requires substantial servers and computational power.
Wide Support of Cryptocurrencies
No Verification Requirements
Binance doesn’t require identity confirmation in instances when the per day remittance is within the limit of 2 BTC. The attractiveness of setting up an account with Binance may be greater for a user in a jurisdiction where certain exchanges choose not to allow new users because of restrictions imposed by that location’s governing regulatory bodies.
Ease of Use
You’re able to buy and sell crypto pairings with market or limit orders while specifying the amount or percentage you wish to trade for each transaction.
BINANCE Disadvantages
No Leveraged Margin Trading
Margin trading is not available at Binance. Margin trading is a system which allows you to trade with more money than you actually have in your account. Your balance is then used as a guarantee to maintain your position open.
No Fiat Functionality
This has both advantages and disadvantages. Government fiat deposits are not currently enabled in Binance, instead this exchange focuses only on the digital side of things. Clients can deposit and withdraw the coins supported at the exchange. This means that you’re not able to deposit or withdraw in fiat currency, only cryptocurrency is supported.
Relatively New
Binance was started in only July 2017, according to this Reddit post. This is a major concern, as they don’t have a history. Despite all the good things people are saying on Reddit. it’s worth mentioning as many exchanges have come and gone. Binance appears to have a visible co-founder, unlike BTC-E.
Conclusion
Accessible option for obtaining Different Cryptocoins
Binance is the most rapidly-growing and communally praised cryptocurrency exchange available. It’s China based location may spell issues in the future due to rumors of a “crackdown“. that currently accounts for a large amount of volume. Although Binance targets high frequency traders, it is quite useful for those getting beginning with altcoin trading. Their lack of fiat money deposits may be difficult to swallow for beginners, only supported cryptocurrencies may be deposited. Binance boasts a large number of various cryptocoins for trading.
The main benefit is the ability convert between cryptocurrencies. For instance exchanges such as Coinbase and Gemini are more limited in the number of cryptocurrencies offered. The interface is also conducive to support shorter duration hold time day trading of cryptocurrencies if one were so inclined to deploy that strategy. Binance is an exchange worth looking into and integrating into crypto trading just for their large amount of supported crypto coins.
Masa darjah satu dicabul mitra ayah masa tolong kemas & bersihkan masjid…Tak sangka kenangan jelek yg saya sangka saya dh lupa tiba balik. Seharian saya menangis kt bilik. Trauma tu Tuhan je tau. Dah 17 tahun saya pendam sorang-sorang…
Masa tu ayah saya bilal masjid so saya selalu tolong ia kemas rak quran. So pakcik ni panggil saya suh sapu belakang tiang kawasan ia selalu solat tu. Dia tanya nak upah tak? Tapi kena baring depan dia.
Masa tu apalah sgt. Aku pun budak lg. Then ia mula buat something sampailah ada sorang kakak dtg sergah ia marah2 sbb buat benda tak elok dlm masjid. Abang tu tarik saya bwk gi kat area dapur masjid. Dia tanya saya ok tak? Aku angguk pastu ucap thanks and nak blah.
Tapi kakak tu tarik saya pastu ia plak cabul aku. Aku menangis lantaran takut ia pukul saya ke apa pastu saya dgr bunyi ayah jerit panggil aku. Abang tu cepat2 lari. Ayah nampak saya kt belakang rak pinggan tanpa tudung dikepala. Ayah dtg tanya kenapa nangis?
Aku nampak kakak tu buat arahan suh membisu dr jauh. So saya ckp saya jatuh je. Ayah tak syak pape terus bawak saya balik. Sjk haritu saya dh tak ikut ayah saya dh.
Dicabul lagi masa ikut mitra main guli. Cerita kat ibu tapi ibu tak percaya….
Tak usang pastu, mitra saya ajak main guli kt bwh rumah dia. Abang ia nk tunjuk something. lagi sekali jahilnya saya ikut je. Sekali lg saya dicabul oleh mitra aku, kakak ia dan sorang lagi yg saya tak kenal. Aku balik cite kat ibu tp ibu tak caye sbb diorang sume sekolah agama. Pastu saya terus tak mitra ngan diorang lagi dah sbb diorg selalu ajak saya gi kt bawah rumah tu.
Parents tak ada kat rumah. Beberapa bulan kemudian, saya ingatkan sume ni akan berakhir. Sampailah satu hari tu parents ngan adik2 saya terpaksa balik rumah atuk.
Tinggallah saya ngan kakak aku. Masa saya tido kt bilik, tiba2 ada tangan dtg tutup lisan saya suh saya diam.
Aku menangis sbb terkejut dan sakit. Rupanya kakak plak nk buat onar. Dia suh saya membisu jikalau tak ia bunuh saya sambil acu pisau lipat kt muka aku. Aku merayu mintak jgn buat pape kat saya tp ia tak nak dengar.
Maybe sbb saya menangis berpengaruh sangat, kakak saya tak jd rogol saya sbb masa tu jugaklah jiran kt sebelah rumah ketuk2 pintu tanya ada duduk perkara ke.
Malam tu saya takleh tido langsung. Aku sorok pisau dapur kt bawah bantal saya just in case ia dtg lagi. Aku nekad dh apa jadi lantak. Tp nasib baik ia tak buat apa dh. Sampai skang ni saya tak bertegur ngan kakak sbb saya benci dia.
Masa darjah 4 pernah diculik masa nak ke sekolah tapi berjaya lari….
Cerita ni tak berhenti kat situ je. Masa saya darjah 4 saya pernah kena culik masa otw ke sekolah. Sampai kt satu pondok, pakcik tu turunkan saya dr van hijau dia. Masa ia tgh terkial2 nak ikat aku, saya tendang perut ia hingga tersungkur.
Aku pukul kepala ia dgn beg saya then saya lari keluar tanpa arah tuju. Tau2 je org kampung jumpa saya kt tepi reban ayam tah sapa punya. Ayah saya syak ada something wrong tp stress berat tu dh cukup berat. Aku tak bisa nak dongeng kat dia.
Mesti ia malu ada anak macam saya kan? Mesti ia nak salahkan saya lantaran tak jaga diri elok2 kan? Berbulan2 saya tak bercakap tp ayah saya sabar je bawak saya kesana sini layan saya mcm bidadari. Ayah sorang la lelaki yg takkan khianat aku. Aku yakin.
Masa kat cfs ada orang masukkan ubat dalam minuman & hampir jadi mangsa….
Citenye belum habis lagi. Masa kt cfs, saya keluar sorang diri pegi cari buku kt pesta buku kt pwtc tu. Masa balik singgah mcd jap. Sbab saya lalai, saya pegi toilet tinggalkan makanan saya camtu je. Lepas tu saya mnum air, saya rasa pening and tau2 je ada 2 org dtg papah aku.
Sorang laki sorang perempuan. Aku antara dgr dgn tidak je time tu tp saya sempat dgr diorang kata ‘lauk free malam ni’ saya meronta tp tak kuat. Msa kt pintu keluar, saya randomly paut tangan tah sapa2 jer kat pintu tu and cakap ‘tolong cik.
Saya tak kenal diorang ni. Tolong’. Bertempiaran dua ekor tu lari. Hari tu saya dibawa ke balai tp sbb saya tak nampak sapa dua ekor insan tak guna tu, sia-sia juga la pegi buat report. Aku dihantar pulang ke mahallah. Cite ni tak pernah heboh sbb saya taknak bising.
Lepas apa yang jadi saya trauma, pakaian saya macam lelaki….
Sejak kisah2 pahit tu. Aku dah decide taknak nampak lemah dpn mata semua orang lagi dah. So saya mula jadi mcm jantan. Pakaian saya mcm lelaki tapi saya still bertudung. Kelakuan saya bernafsu . Sume gara2 tak nak nampak lemah dpan mata org.
Walaupun tak pernah officially kena rogol tp sikit banyak pun effect tu kt masa depan jugak. Dara saya dh takde walaupun takda actual penetration. Tp apa yg diorg buat dh cukup tuk jahanamkan masa depan aku. Sume sbb kisah2 haram tak guna ni. Sume sbb manusia2 bangang ni. Sedihnya takdir hidup aku.
Selama 17 Tahun Kisah Trauma Ini Aku Pendam Sorang-Sorang, Akhirnya Aku Bongkar Juga Cerita Sebenar Mengapa Aku Fobia Dengan Lelaki!
Mereka minta maaf & nak tebus kesalahan dulu. Tapi saya tak bisa nak maafkan….
So nak dijadikan cerita, saya teruskan hidop saya macam biasa. first semester kt gombak, mak saya kata ada org masuk meminang. Rupanya kakak yg first cabul saya tu. Dia personally contact saya mintak maaf and nk betulkan kesilapan ia taknak mereput dlm neraka dgn ajak saya kawen.
Aku menangis masa tu and then i said to him, biar kamu mereput dlm neraka hingga bila2. Aku takkan maafkan kau. Dia pujuk mak saya tp saya ugut nk buat report polis sbb kacau family. Then he stopped.
Masa saya third year, mitra yg cabul saya berjemaah ngan kakak ia tu contact saya nk mintak maaf sbb terlanjur perangai. Alasan contact balik pun sama jugak. Nak amik tanggungjawab tu ngan ajak saya kawen. Aku maki mak ia (ibu saya takda masa tu) sbb hal tu.
Mak ia menangis mintak maaf jgn seksa lelaki tu sbb ia dh insaf. Tapi keras hati saya tu Tuhan je taw. Kau insaf? Abih aku? Takkan saya nk hidup ber kakak sayang dgn org yg dah buat hidup saya huru hara??? Takkan saya nak cakap kt anak2 nanti ni bapak kamu yg cabul mak masa kitorang kecik dulu. Pastu kami kawin. Lejen tak? Sweet tak? Takkan la kot?
Ibu paksa saya kahwin lantaran sangka mereka baik berjubah dan berkopiah tapi ibu tak tahu yang sebenarnya….
Aku mula memberontak ngan ibu aku. Sbb ibu dh mula paksa saya kawen. Dia sangka ada org ikhlas, pakai kopiah jubah sume boleh didik saya yg eksklusif takde gaya ustaz pilihan ni. Memang saya tak completely cover aurat saya sbb saya dh tawar hati.
Dulu masa sekolah pakai tudung labuh (sekolah agama) pun boleh kena. Apatah lagi pakai biasa2 camni so sama jgk la saya tak pakai make up. Elok2 muka macam helmet retak cam ni kang pakai makeup lagi la menarik perhatian lelaki. Baik la saya pakai biasa2 je.
Pakai seluar jeans longgar ngan tshirt tudung selempang kiri kanan senang saya nak belasah orang hingga lumat. Sorry, ini realiti. Bila dh byk kali kena takkan la saya nak pakai dress liplap liplap kan.
Skang ni dah masuk final year, ibu mula bising sbb saya tak nampak jalan nak mendirikan rumahtangga lagi. Dah 3 pinangan saya tolak. Mengamuklah dia. Aku bagi alasan nak kerja dulu padahal saya takut jikalau suatu hari nanti sume tu terbongkar.
Macam tak je lelaki boleh terima saya seadanya. Takkan ada. Aku tak caye. Dalam ramai2 lelaki, ayah saya ttp paling best paling supportive. Dia kata takpa. Asal saya senang ja. Kalaulah boleh dongeng kt ayah, agak2 ia nak ke bangga2 ada anak cam aku?
Kifarah buat mereka, hidup kakak tak berkat & rumah tangga huru hara. Kawan ayah kena strok.
Abang aku? Agaknya kifarah kot, sbb dulu saya sumpah seranah ia mohon bukan2 setiap hari. Dia kawen ngan wanita liar, bini kantoi curang ngan mitra dia, hidup tak dek berkat banyak hutang sana sini. masa ia mintak maaf ngan saya pun saya cakap tunggu kt akhirat. Dia insan plg mengecewakan saya sbb ia kakak sulung patutnya ia protect saya bukan merosakkan aku.
Pakcik tu pulak? Few years years years ago, ia kena strok. Ayah bawak family kitorang gi melawat. Pakcik tu takleh bercakap eksklusif tp tangan ia dok mcm nak gapai saya ja. Nak mintak ampun kot. Sorry again, I can never forgive him. Sorry.
Hati saya dah usang mati. Aku dah letih berdoa….
Alangkah indahnya jikalau hidup saya macam orang lain. Aku selalu tgk orang lain elok ja ada bf, mitra lelaki, abang2 yg penyayang at least nk gi mana2 ada yg teman and protect. Aku? Dah usang saya tak rasa selamat and selesa bila ngan lelaki camtu.
Laki dtg erat pun saya lari. Aku tak tau la bila nk menikah nanti camna. Hati saya dah usang mati. Dah letih berdoa. Dah penat berharap suh Tuhan lembutkan hati saya ni. Tp hari2 sama ja perasaan. Kalau saya kawin and punya anak perempuan, saya takut nasib sama jadi kat depa.
Aku trauma. Aku perlukan bantuan. Tapi 17 tahun saya pendam so takda sapa tolong aku. Aku bangun sendiri. Aku berlawan ngan pikiran saya sendiri. Aku murka diri sendiri. Setiap kali ada dongeng camni keluar kt gosip ka kt mana2, saya taktau nak salahkan sapa.
Masa mitra saya cite ia kena rogol ngan sepupu ia hingga bapak ia buang ia dari family pun saya tak salahkan dia. Tak salahkan jantina ka apa. Tak boleh nak salahkan faktor pemakaian dia. Kita hidup di zaman fitnah. Apa pun boleh jadi. Takde sape yg kita boleh percaya. Betul2 percaya.
Tolong doakan saya hidup normal macam orang lain. Aku tak pernah bahagia….
Takat tu je la konfes nye. Lega sket lps dah luah. Kalau ada yg pikir ini dongeng tak logik, takpe maybe anda bernasib baik hidup clear takde dugaan berat camni. Tapi ingat sket ada lg insan yg tak tertanggung dugaannya tau. Sebab apa? Tuhan kira dulu level kemampuan ia sebelum Dia uji hamba-Nya. :’)
Korang.. Aku tak mintak banyak. Nak mintak tlg doakan saya punya hidup normal macam org lain je. Aku nk jugak rasa aman. Selama saya hidup ni tak pernah sekalipun saya rasa bahagia. Aku jarang ketawa inikan pulak senyum.
Aku lone ranger tak ramai kawan. Kawan yg paling byk dgr cita saya cuma doktor merangkap counselor saya ja. Bukannya saya dh jadi aneh cuma kdg2 saya kena consult ia sbb saya ada duduk perkara takde iman diri. Tp ia tak pernah tau psl sume yg jd kat aku. Dia cuma tau saya ada trust issues ngan lelaki. Tu ja.
Katanya sbb terlalu byk benda jelek yg jadi dlm hidup saya la saya ssh nk lembutkan hati. Tapi saya bersyukur sbb saya tak tersasar dr landasan agama and masih ada peluang tuk berguru kt uia ni. And kepada yg pernah menjadi mangsa cam aku, kita sume diuji je. Tuhan tau selama mana kita tak merelakan itu bukan salah kita. Semoga kita semua kuat….
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