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.
Ramai yang memuji perempuan ini tidak melatah selepas mengetahui suaminya curang dengan seorang janda anak tiga.
Sebaliknya si isteri memakai pendekatan yang kreatif dan bertindak menghipnotis nalar fikiran suaminya untuk berfikir panjang apakah tindakannya itu akan membawa kepada ‘keuntungan’ atau kebinasaan yang lebih teruk.
ADMIN, terima kasih lantaran post kisah saya ini. Sebenarnya sudah usang saya nak berkongsi kisah ini. Tetapi saya menunggu sehingga hati saya benar-benar damai kerana tidak mahu menulis dalam keadaan murka dan dendam. Tak baik untuk diri saya sendiri.
Saya dan suami telah berkahwin lebih dari 15 tahun, dikurniakan tiga orang anak yang sudah berusia remaja. Suami kerja berpangkat tinggi, saya pun bekerja hebat.
Alhamdulillah kami cukup segalanya. Dari mula berkahwin, saya isteri yang terlalu memanjakan suami. Saya buat semua kerja-kerja rumah, membayar bil sehinggalah hantar kereta ke sentra servis.
Senang cerita, suami hanya pergi kerja sahaja. Kerja suami sangat sibuk, jadi saya pun tak kisah membantunya kerana saya melaksanakan semua masalah itu dengan hati yang ikhlas.
Pada saya, suami penat bekerja, apa salahnya saya membantu dia? Suami juga seorang yang baik, tidak kedekut. Gaji kami kongsi semua. Tiada istilah siapa yang bayar loan rumah atau kereta.
Tahun lepas, suami tiba-tiba kantoi WhatsApp bersayang-sayang dengan seorang janda anak tiga. Saya rasa sangat terluka dan kecewa.
Suami memohon ampun dan berjanji tidak akan mengulangi perbuatannya lagi. Demi anak-anak, saya mendapatkan suami kembali walaupun hati ini masih sakit sehingga ke hari ini.
Selepas insiden kantoi itu, saya meminta suami berterus terperinci di mana kurang dan silap saya sehingga beliau sanggup mengkhianati cinta kami.
Suami beritahu tiada apa yang kurang pada diri saya, malah beliau sedar saya banyak berkorban dalam perkahwinan kami sehingga beliau sendiri maju dalam kerjayanya.
(Saya pernah support suami sambung study). Dia mengaku beliau yang bersalah kerana melayan janda itu.
Kemudian saya berkata kepada suami, “Kalau begitu, saya memang bersalah.” Saya bersalah kerana terlalu memanjakan suami.
Melakukan semua kiprah dan tanggungjawab suami. Lalu suami ada masa lebih untuk menggatal.
Semenjak insiden kantoi itu, saya menjadi isteri yang ‘lemah’. Kalau dulu lampu rumah perlu ditukar, sayalah yang akan memanjat tangga untuk menukar lampu.
Namun semenjak insiden itu, jam dapur habis bateri pun saya akan minta suami yang tukarkan. Saya tidak lagi sanggup bangun diatas kaki sendiri menyerupai dahulu.
Saya akan buat mengada-ngada hingga kereta kehabisan minyak pun saya tidak akan isi sendiri. Saya hanya buat kerja rumah menyerupai biasa.
Selepas insiden itu juga, saya demand ‘bersama’ dengan suami setiap malam. Alasan saya, jika beliau berniat mahu menambah cawangan, maksudnya beliau bisa berlaku adil dari segi batin juga.
Kaprikornus jika ada dua isteri, kena selang hari. Kaprikornus kena bisa beri setiap hari, kan? Hahaha!
Walaupun saya pun adakalanya penat, namun digagahkan juga menarik hati suami setiap malam nak bagi beliau ON sampailah beliau mengaku, “Ada seorang isteri pun, I cukup-cukup makan je yang!!”
Nahh, gres beliau sedar nafsu itu tak selari dengan tanggungjawab dan kekuatan. Bila beliau dah sedar diri, barulah saya slow sikit demand. Hehe!
Selama ini saya kongsi semua honor saya untuk rumahtangga kami. Kaprikornus satu hari, saya ajak suami duduk dan buat kira-kira.
Gaji beliau dan tolak semua perbelanjaan rumah kami memang tidak cukup jika tak dicampur dengan honor saya.
Soalan terakhir dari saya kepadanya pada masa itu, “So mampukah awak nak menambah cawangan? Bukankah bisa nak tambah cawangan itu tak sepatutnya kerana isteri pertama bekerja dan sanggup menanggung dirinya sendiri?”
Sejak dari itu, saya sangat rapat dengan anak-anak. Setiap hari belum dewasa baik di asrama atau di rumah, mereka akan call/sms saya dan berkongsi kisah macam-macam.
Pada ayah mereka, jarang lantaran suami pun jarang menghubungi belum dewasa menyerupai yang saya lakukan.
Lalu saya pun berkata kepada suami, “Kita hidup semakin tua, bukan semakin muda. Kalau kini pun belum dewasa tak ingat pada awak.
Tambah pula belum dewasa tahu hal kantoi itu, jangan haraplah belum dewasa akan melayan awak baik jika awak masih nak menggatal!”
Semasa suami dilamun cinta, suami call/WhatsApp janda itu setiap hari. Kaprikornus saya tanya soalan simple ini pada suami, “Ada you call/WhatsApp belum dewasa setiap hari?”. Suami terus terdiam.
“Orang-orang bau tanah yang duduk di rumah orang-orang bau tanah tu, merintih belum dewasa tak sanggup lawat atau jaga itu mesti kes semasa muda tak rapat dengan anak-anak, kan?
“Anak-anak ini saham alam abadi kita. Awak rasa belum dewasa ke ke berdoa untuk awak bila masa hidup awak buat Ummi mereka merana?”
Haha! Saya psiko suami hingga beliau berubah 100%. Dia teurs menjadi rapat dengan anak-anak. Dia call/WhatsApp anak hampir setiap hari.
Selain berdoa, solat tahajud, bersedekah, saya bersyukur satu perkara. Saya tak pernah berceritakan ihwal hal kantoi itu kepada sesiapa walaupun ibu bapa saya lantaran saya berpegang pada satu prinsip,
“Bila kita murka suami dan menceritakan keburukan dia, nanti bila kita suami isteri dah berbaik, orang luar tetap memandang serong pada suami kita.
Kaprikornus jagalah malu suami selagi bergelar suami isteri. Biarlah hanya saya, suami dan Tuhan saja yang tahu.
Alhamdulillah, walaupun berlakunya hal curang itu, saya beropini ada hikmahnya. Suami menjadi lelaki yang lebih bertanggungjawab, lebih penyayang dan lebih soleh. Terima kasih kerana sudi membaca.
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