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.
Hancur hati ibu dan keluarga apabila menantu yang disangka baik dan jujur rupa-rupanya sanggup menipu dan memperbodohkan mereka. Hasil ujian DNA menandakan bahawa anak yang gres saja dilahirkan oleh menantunya itu bukan zuriat anak lelakinya, sebaliknya lelaki lain.
Sudah dimaklumkan kepada adik mereka, malangnya beliau enggan percaya dan mula menuduh adik-beradiknya cemburu dan dengki dengan kebahagiaan mereka. Tiada apa yang sanggup mereka lakukan, melainkan berdoa dan berharap isteri kepada adik mereka itu berubah dan bertaubat.
ASSALAM min. Malam semalam gres sanggup keputusan darah adik ipar saya dan anak ipar saya. Memang tak sepadan darah mereka.
Mak saya menangis kesedihan mengenangkan penipuan menantunya selama ini. Betullah tekaan saya selama ini. Saya memang dah agak dah semenjak dari dulu lagi. Usia perkahwinan mereka gres masuk dua ahad tetapi scan baby dah 11 minggu. Mentang-mentang saya belum berkahwin, sesenang beliau nak memperbodohkan saya.
Ujian DNA telah mengesahkan bahawa anak itu bukan anak kepada adik saya. Dah usang buat ujian DNA ini, lebih kurang sebulan kemudian gres ambil keputusannya. Itu pun kak long yang tolong ambilkan.
Saya kenal dengan adik saya, beliau tidak tergamak nak melaksanakan perbuatan terkutuk dengan ipar saya sebelum ada ikatan yang sah.
Saya pernah bertanya kenapa kandungannya disahkan berusia 11 ahad sedangkan mereka gres berkahwin dua minggu? Dia dengan selambanya berkata, mesin scan rosak agaknya. Rasa nak ketuk kepala beliau pada masa itu pun ada. Ditanya kalau tarikh LMP, beliau jawab lain. Tapi di buku merah pula tulis lain.
Kalau saya jahat, awal-awal lagi dah beritahu tetapi memikirkan mereka gres saja mendirikan masjid, saya diamkan sahaja dan tunggu sehingga ipar bersalin. Bila bersalin, kuss semangat! Baby dia, premature dan dibuku tulis usianya 38 minggu?
Sekarang saya menjadi serba salah nak tunjukkan keputusan darah itu pada adik saya. Sedangkan mak saya menangis, apa lagi adik saya yang terlalu percaya dengan kata-kata isterinya.
'KORANG DENGKI DENGAN KEBAHAGIAN KAMI'
Adik saya sudah diberitahu mengenai masalah ini, tetapi beliau boleh pula kata kami dengki dengan kebahagiaan dia.
Kasihan adik saya diperbodohkannya dan susah sanggup adik ipar yang besar lengan berkuasa berlakon ibarat ini. Dia tak tahu ke berdosa besar alasannya menipu syurga beliau selama ini? Sudah-sudahlah berdalih lagi, dan menciptakan diri tak pernah bersalah di mata adik saya. Bukti sudah ada, kembalilah ke pangkal jalan iparku. Bertaubatlah.
Saya terfikir, selama ini ipar tak bagi adik saya temankan beliau kalau masuk dan jumpa doktor, agaknya disebabkan hal ini. Tidak hairanlah kalau saya tanya adik, beliau kata beliau tak tahu alasannya ipar saya masuk seorang diri berjumpa dengan doktor. Katanya doktor nak jumpa ibu sahaja.
Saya hanya bisa berdoa semoga beliau mengaku kesalahannya dan insaf dari terus menipu suaminya.
Sumber: Kisah Rumah Tangga via The Reporter
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