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.
Memang ada muda mudi yang kahwin awal bukan kerana menyahut undangan agama tetapi kerana terikut-ikut trend.
Kerana belum bersedia berkeluarga dan tidak cukup matang, pelbagai duduk masalah yang timbul.
dalam satu kes, seorang isteri telah dipaksa suami untuk menggugurkan kandungan kerana suami masih belum bersedia terima anak dengan alasan gres bekerja.
Walau sudah dipujuk berkali-kali suami tetap berdegil.
Jom baca luahannya:
Aku Minta Budak Tu Je Mati, Bukan Kau Sekali
Saya nikah muda, masa tu umur saya 21, ex husband 25. Bahagia saya cuma 6bulan. Saya diberi 2 pilihan bila sanggup keputusan saya mengandung sama ada pilih beliau atau pilih anak, saya masih ingat ayat beliau ‘aku mintak budak tu je mati, bukan saya suruh kamu mati sekali’ alasannya yaitu masa sebelum nikah kami dah setuju untuk taknak ada anak lagi alasannya yaitu saya study final semester dan beliau gres keje. Saya buat pilihan untuk pilih anak. Pukul 1 pagi saya dihalau dari rumah. Dari selatan saya bertolak balik utara drive sorang diri dalam keadaan mengandung 3bulan.
Lepas sebulan saya kat kampung saya pergi ke kampung beliau dengan family saya untuk pujuk dengan impian hati beliau dah sejuk. Tapi mak mertua saya pesan, jangan masuk bilik beliau cakap dari luar je (dia memang anak kesayangan mak dia). Tindakan bekas suami seperti ibu bapa saya tiba dari jauh untuk bincang ni umpama mintak sedekah dengan dia. Langsung tak dilayan, tak pandang pon. Hati mana tak sakit tengok ibu bapa sendiri dilayan macam tu.
Cuba Pujuk Tapi Tak Dilayan
Lagi sekali masa kandungan masuk 7 bulan saya pujuk dia. Ikhlas saya bagitau masa tu saya tumbuk beliau kat kepala alasannya yaitu dah terlampau tak tahan sakit hati dengan beliau siap dimaki. Lepas saya jumpa beliau tu saya warded alasannya yaitu terlampau tekanan, blood pressure saya problem. Masa tu saya terima gosip ayah beliau meninggal mungkin Tuhan nak tegur beliau macam mana rasa hidup seorang anak yang tiada ayah, tapi sikit pon tak terkesan dalam diri dia.
Start 7bulan tu memang saya minta izin dengan ibu saya nak duduk rumah aneh alasannya yaitu nak bagi ruang untuk diri sendiri. Saya bersalin awal 2minggu, pecah ketuban je saya drive sorg2 pergi hospital then gres call ibu saya kat kampung. Ketuban saya dah pecah tapi ‘jalan’ belum buka, masa tu jantung anak saya dah start lemah alhasil doktor buat keputusan untuk induce, 17jam saya harung sakit ditemani ibu, dalam hati saya cuma saya dah cuba untuk redha jikalau terjadi apa-apa, bisa pujuk diri saja masa tu.
Hati Dah Tertutup Untuk Dia
Lahir je anak saya, gotong royong ketika tu lahh saya tutup pintu hati saya untuk dia. Berbulan saya bagi peluang, berkali saya pujuk tapi beliau ego. Mertua saya semestinya sebelahkan bekas suami, beliau tetap membela walaupun beliau tau anak beliau salah. Dalam pantang pernah jahitan saya terbuka, sakit beliau memang taktau lahh nak cakap macam mana. Dalam pantang saya pernah pengsan alasannya yaitu blood pressure saya sekali lagi problem alasannya yaitu tekanan maki dari bekas suami (dia memang jenis suka psycho).
Beberapa bulan lepastu ipar saya bagitau ipar disahkan kena kanser otak dan beliau sifatkan ni petunjuk Tuhan untuk adik dia, murung saya masa tu, menangis sama2 dengan ipar alasannya yaitu beliau baik dengan saya. Sampai kini saya masih baik dengan adik beradik ipar alasannya yaitu yang salah cuma beliau dan ibu mertua sampaikan ipar saya pesan ‘lepasni jikalau nak cari, jangan cari mertua yang suka sebelahkan anak’.
Masalah Boleh Pergi Tapi Anak Tiada Ganti
Sekarang Alhamdulillah hidup saya makin senang bersama anak. Betul lah kesepakatan Tuhan setiap anak tiba ke dunia membawa rezeki. Memang rezeki saya sanggup kini tak terduga banyak dia. Hidup saya berjalan lancar. Usia 23 tahun saya bisa untuk beli rumah sendiri.
Untuk kahwin lagi sekali sejujurnya saya serik. Saya lebih senang hidup dengan anak saya yang pernah sama-sama bersusah dengan saya.
Pesanan saya untuk ibu-ibu, down macam mana pon awak, jaga kesihatan diri dan anak, makan agar cukup khasiat(supplement especially iberet follic), selagi belom bersalin makan aje ape korg nak mkan nanti da pantang da susah nak makan best-best. Utamakan anak jangan ikutkan murung diri sendiri walau apa pon yang kita lalui. Hati kena kental bebas hehehe
Sampaikan ada kawan-kawan saya cakap saya ni takda duduk masalah ke tak fikir masalah. Jawapan saya cuma satu
‘Masalah saya bukan untuk saya tayang’ Masalah boleh pergi tapi anak tiada ganti
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