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.
Ketika tu Dr Maza dalam perjalanan ke pintu berlepas dan terjumpa lelaki Melayu berwajah baik jual arak di KLIA. Tindakan berani Dr Maza ni buat ramai setuju. Allahu. Jom baca dan kongsikan.
TERJUMPA LELAKI MELAYU JUAL ARAK
Seminggu lepas saat saya di KLIA untuk bermusafir ke luar negara, saya ada berbual dengan seorang cowok yang menjadi juru jual arak di situ. Saya melihat ia bekerja sebagai cashier di salah sebuah kiosk arak. Beliau seorang cowok melayu yang beragama Islam.
Saya menghampirinya di daerah jualannya itu. Saya menunjukkan salam. Beliau melemparkan senyuman dan menjawab salam saya. Beliau kenal saya. Beliau tersenyum seakan malu. Mungkin ada yang melintas kehairanan ‘kenapa Mufti Perlis pergi kiosk arak pulak’. Saya tidak kisah itu semua, ingin berbual dengan anak muda itu yang pada wajahnya terlihat seorang yang baik.
DAKWAH DR MAZA
Saya berkata: “Apa khabar? Nama apa? Orang mana?” Dia jawab semua soalan saya. Saya meneruskan lagi: “Bolehkah saya cakap sesuatu?”. “Silakan Dr”, jawab beliau. Saya berkata: “Sebelum itu boleh saya tahu, apakah saudara terlibat secara pribadi dengan urusan jual-beli arak di sini?”. Dia menjawab: “Ya Dr”.
Saya berbicara dengan baik kepadanya dengan berkata: “Saya rasa saudara pun tahu, sebagai seorang muslim kita dihentikan terlibat dengan jual-beli arak. Ia satu dosa yang besar. Kalau boleh, saya ingin mencadangkan saudara berusaha mendapat pekerja lain yang sesuai sebagai seorang muslim. Saya doakan Tuhan berikan pekerjaan yang lebih baik. Jika kurang honor sedikit pun tidak mengapa asalkan halal. Saya lihat saudara seorang yang baik”.
CABARAN HIDUP LELAKI ITU
Dia menjawab: “Dr, saya tahu kerja ini tidak betul. Saya memang berusaha untuk mendapat kerja lain. Hati saya memang tidak bahagia buat kerja ini. Saya bekerja untuk membantu keluarga. In sha Allah, saya akan cari kerja lain yang lebih baik”.
Saya lihat beliau, perasaan saya simpati dan sayu. Pada wajahnya ada kehendak ingin mematuhi pedoman agama tetapi dia mungkin berada dalam cabaran kehidupan. Tuhan lebih mengetahui hakikat dirinya dibandingkan saya.
Saya kata kepadanya: “Saya doakan saudara mendapat pekerjaan yang baik nanti. Semoga Tuhan akan ganti yang lebih baik”. Saya tersenyum dan bersalam dengan beliau.
Suatu hakikat yang masuk akal kita fahami bahawa setiap hamba Tuhan itu memiliki cabaran kehidupan yang tersendiri. Kadang-kala kita mungkin menganggap gampang kerana kita tidak berada di tempatnya.
SAMPAIKAN DAKWAH DENGAN HIKMAH
Mungkin hari ini dia demikian, besok keadaan berubah jauh lebih baik dari kita. Tugasan orang yang memberikan ilmu dan berdakwah yaitu memberitahu dosa dan pahala yang dinyatakan oleh Tuhan dan RasulNYA.
Bukan tugasan kita memilih siapa ke neraka dan siapa pula ke syurga. Penentuan siapakah ke neraka dan ke syurga merupakan hak milik mutlak Tuhan yang dihentikan kita campuri.
Ini kerana, kita hanya mengetahui yang zahir, itu pun terhad. Sementara Tuhan maha mengetahui yang zahir dan batin. Kita hanya mengetahui apa yang kita lihat dan dengar, Tuhan mengetahui segala-galanya.
KISAH PELACUR MASUK SYURGA
Sebab itu ada hadis sahih riwayat al-Bukhari dan selainnya yang menceritakan bagaimana Tuhan mengampuni pelacur yang menunjukkan minum kepada anjing yang kehausan. Hanya Tuhan mengetahui hakikat nilai setiap hambaNYA.
Golongan agama itu sendiri kadang-kala terlupa hakikat ini. Dalam lingkungan kelompok tertentu mungkin cabaran berbeza dibandingkan lingkungan orang lain. Tuhan menunjukkan pahala amalan dan pahala menghindari dosa itu dengan kadar cabaran yang dihadapi oleh hamba berkenaan.
Amalan dan perjuangan yang sedikit pada mata insan mungkin pahala jauh lebih banyak pahala disebabkan keadaan yang seseorang hadapi.
Juga kita wajib insaf bahawa dalam diri insani boleh terkumpul dua unsur yang berlainan pada satu masa yang sama; kebaikan juga kejahatan. Apabila kita berbicara soal kejahatannya, janganlah hingga kita lupa unsur kebaikan yang ada sehingga kita memadamkan baiknya dan menghukumnya melebihi kadar yang patut.
KISAH SAHABAT NABI SAW YANG KANTOI MINUM ARAK
Hal ini pernah Rasulullah s.a.w bantah terhadap perkataan sesetengah sobat yang melaknat seorang peminum arak dalam kalangan mereka.
Dalam hadis al-Imam al-Bukhari, Rasulullah s.a.w mengajar kita hakikat ini:
أَنَّ رَجُلاً عَلَى عَهْدِ النَّبِىِّ – صلى الله عليه وسلم – كَانَ اسْمُهُ عَبْدَ اللَّهِ ، وَكَانَ يُلَقَّبُ حِمَارًا ، وَكَانَ يُضْحِكُ رَسُولَ اللَّهِ – صلى الله عليه وسلم – ، وَكَانَ النَّبِىُّ – صلى الله عليه وسلم – قَدْ جَلَدَهُ فِى الشَّرَابِ ، فَأُتِىَ بِهِ يَوْمًا فَأَمَرَ بِهِ فَجُلِدَ ، فَقَالَ رَجُلٌ مِنَ الْقَوْمِ اللَّهُمَّ الْعَنْهُ مَا أَكْثَرَ مَا يُؤْتَى بِهِ . فَقَالَ النَّبِىُّ – صلى الله عليه وسلم – « لاَ تَلْعَنُوهُ ، فَوَاللَّهِ مَا عَلِمْتُ أَنَّهُ يُحِبُّ اللَّهَ وَرَسُولَهُ
“Seorang lelaki berjulukan ‘Abdullah, digelar ‘himar’ (kaldai). Dia pernah menjadikan Rasulullah s.a.w ketawa. Juga pernah Nabi s.a.w. menyebatnya (menjatuhkan hukuman) disebabkan kesalahan meminum arak. Pada suatu hari dia ditangkap lagi (disebabkan kesalahan meminum arak), maka baginda pun menghukum kemudian dia disebat. Seorang lelaki berkata: “Ya Allah! Laknatilah dia, alangkah kerap dia ditangkap”. Lantas Nabi s.a.w pun bersabda: “Jangan kau semua melaknatinya! Demi Tuhan apa yang saya tahu dia menyayangi Tuhan dan RasulNya”. (Riwayat al-Bukhari).
Walaupun minum arak itu satu dosa yang besar, namun dalam masa yang sama Rasulullah s.a.w tidak menafikan unsur cintakan Tuhan dan Rasul yang wujud dalam diri individu berkaitan.
Bahkan Nabi s.a.w mempertahankan kelebihan yang ada padanya. Kita lebih masuk akal bersikap demikian. Jangan kerana melihat sesuatu dosa, sekalipun besar, kita menafikan unsur kebaikan lain yang ada pada diri seseorang.
JANGAN SAMPAI NAFI KEBAIKAN ORANG LAIN
Kemudian, jikalau setiap kita merenung kepada dirinya sendiri secara insaf, kita akan tahu kita juga banyak kesalahan dan dosa. Jika tidak dosa zahir, dosa batin; niat dan jiwa yang jelek ibarat hasad, jelek sangka, takabur, riyak dan lain-lain.
Jika tidak dosa pada perbuatan, dosa pada perkataan ibarat mengumpat, memfitnah, me’neraka’kan orang dan pelbagai lagi. Dosa-dosa batin dan perkataan ini adakala jauh lebih besar di sisi Tuhan daripada dosa-dosa peribadi ibarat minum arak dan zina.
Setiap kita wajib berdakwah, nasihat-menasihati, memberitahu wacana dosa dan pahala, membahaskan masalah ilmiah dan seterusnya. Namun, hakikat kedudukan setiap insan di sisi Allah, hanya DIA Yang Maha Mengetahui. Kita memberitahu dosa dan pahala. Dosa membawa ke neraka, sementara pahala membawa ke syurga.
Perkara yang salah, kita katakan salah. Perkara yang betul kita katakan betul. Namun, siapakah yang lebih banyak pahalanya dibandingkan dosanya sehingga dia ke syurga, ataupun siapakah yang lebih banyak dosanya dibandingkan pahalanya sehingga dia ke neraka, hanya Tuhan Yang Maha Mengetahui.
PengadilanNYA maha detil lagi maha adil. DIA juga yang berhak memilih siapakah yang pulang dengan lautan dosa kepadaNYA tetapi mendapat keampunanNYA.
Sumber : FB Dr Maza via http://khalifahmailonline.com
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