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.
Difahamkan, pengeluar susu berkenaan mendapatkan aduan dari pengguna di mana bayinya mengalami muntah-muntah teruk selepas meminum susu jenama berkenaan. Bagaimanapun sehabis disiasat oleh pihak pengeluar, susu yang diminum itu merupakan susu tiruan.
Susulan informasi itu, viral di media umum perkongsian seorang ibu mengenai anaknya yang mengalami kesan dari meminum susu tiruan tersebut.
ENFALAC A+ TIRUAN
Semalam Tuhan bagi petunjuk kepada perkara saya selama dua bulan lebih. Ini bukan silap Mead Johnson, saya faham. Saya telah pun melaporkan bencana anak saya kepada mereka hari ini. Tetapi saya berharap:
- Mead Johnson Malaysia dan KPDNKK telus untuk membanteras, sekaligus menyalurkan maklumat untuk membezakan susu tiruan ini alasannya yaitu ini untuk mendidik kita sebagai ibu bapa biar tidak terus ditipu.
- Juga sedia utuk berkongsi maklumat keputusan kandungan susu tiruan dari Jabatan Kimia nanti.
Oktober 2017, anak saya Mikael keluar masuk hospital. Ingat lagi, kan? Warded lebih dua minggu. Punca masih tidak diketahui sehinggalah informasi perihal susu tiruan semalam. Mikael bermula dengan muntah-muntah sehingga sembilan kali sehari. Kenapa hingga sembilan kali, saya biarkan saja ke? Saya monitor dari rumah (kalau boleh nak elakkan ke hospital) dengan impian dan doa Mikael akan reda dari muntah. Tetapi tidak.
Saya bersyukur saya rekod dan ambil gambar alasannya yaitu nak update suami saya yang berada jauh daripada kami.
Tengah hari itu, muka dan tubuh Mikael dah mula kemerah-merahan dan panas. Setiap kali keluar merah-merah itu, saya mandikan dia. Demam on off. Menjelang jam tiga petang, Mikael sudah lembik, terbaring, susu pun beliau tak nak minum. Makara saya tak fikir panjang dan terus bergegas ke hospital berhampiran.
Wallahi, eksklusif tak suspek disebabkan susu. Doktor pun interview saya, hanya bertanya apa masakan perhiasan (solid food) yang saya berikan pada Mikael atau ada tak Mikael tergoda apa-apa saja dari persekitaran dalam rumah (since beliau dah merangkak ke sana sini, puas saya fikir tetapi saya tiada jawapan).
Doktor terpaksa menahan Mikael di wad alasannya yaitu kehilangan cairan tubuh dan untuk investigasi lanjut. Masuk ke wad, dah drip, Mikael eksklusif tak nak susu atau makan.
Next, Mikael dah mula cirit-birit. Najisnya, seumur hidup saya itu yang paling busuk saya pernah hidu. Sangat busuk hingga nurse pun tak sanggup menahan baunya sewaktu proses nak mengambil sampel najis untuk ujian makmal. Mikael cirit-birit 11 kali pada hari itu.
Kemuncaknya, selepas seminggu Mikael dah mula berak berdarah. Doktor decide dengan mekanisme antibiotik. Saya sebagai ibu akur walaupun berat hati ini nak masukkan macam-macam ubat pada Mikael yang masih bayi.
Selepas dua ahad lebih, alasannya yaitu dan punca masih belum diketahui. Mikael dah nampak sedikit aktif, saya minta untuk discharged. Balik ke rumah, ada perubahan pada Mikael, way more better alasannya yaitu susu Enfalac pun dah beli pack baru dari kedai lain. Yang dibeli sebelum itu dah habis saya bagi Mikael minum.
Cuma nasihat saya, ibu-ibu yang masih nak meneruskan anak menyusu dengan susu ini, boleh beli dari AEON dan TESCO dulu, elakkan beli dari kedai-kedai ubat atau kedai rangkaian serbaneka buat sementara waktu sehingga mereka isytiharkan isu ini selesai.
Untuk saya, saya dah tukarkan Mikael dengan susu lain selepas pengalaman pahit ini. Untuk parents, bila bawah umur kita ada gejala macam saya sebutkan di atas, cepat-cepat bawa anak anda ke hospital. Saya doakan bawah umur kita dielakkan dari terus menjadi mangsa.
Kesan dari susu tiruan ini, Mikael masih recover dari kemerahan di muka dan badan. Saya yakin ada materi aktif dalam susu tiruan yang belum betul-betul keluar dari badannya. InshaAllah slowly. Mohon doa dari semua juga untuk Mikael.
Sumber: Seila Nawi via The Reporter
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