The cryptocurrency sphere is filled with numerous exchange platforms that allow people to buy, hold, and trade their digital assets. It can be difficult to select the right exchange with so many options. Fortunately, there is Binance.
Binance: The Best Exchange
Changpeng Zhao founded the exchange in 2017. The exchange operates out of Japan today. It is counted amongst the largest crypto exchanges.
Users are offered a wide variety of trading, buying, and holding cryptocurrencies. The exchange also allows for lending and borrowing tokens, allowing users to make leveraged trades or earn simple profits through interest.
A user can trade any of the 150+ cryptocurrencies using nearly 500 trading pairs available. The exchange also allows for buying cryptocurrencies using fiat. The vast number of coins and trading pairs give users the flexibility they need to make the right trades to generate profits.
Basic and Advanced Trades
Binance offers two different kinds of trading screens. The basic one offers several different graphs, charts, and trading pairs. The advanced trading screen offers a more in-depth analysis of the market and is more focused on graphs and trends.
Users are free to choose their choice of trading screens. While both trading screens can seem overwhelming, both are designed with simplicity in mind with an interface that offers the right kind of information that traders might need.
Binance Earn offers a set of products that you can use to easily increase your cryptocurrency holdings. You can choose from 2 types of earnings – Guaranteed and High Yield income. If you are new to crypto, you can get started with the Guaranteed products. They have a stable yield and you can get back your invested crypto after the lock-up period. High Yield products are associated with higher risk but can bring greater profits.
Binance is only a few years old when compared to other large exchanges, but it has quickly gained popularity due to its ease of use and top-of-the-line security. Two-factor authentication is a default when logging in and the exchange will send out an alert if a user logs in from an unknown IP.
The exchange has only suffered a single loss when it comes to security from hackers. Hackers were able to bypass its security checks using phishing and social engineering, thereby compromising users into giving up their login details and other data. The hackers were not able to breach the securities of the exchange itself.
The most trusted, secure, and private crypto wallet to buy, store, and exchange crypto. Only you can access your wallet. You can buy crypto with the card at the best rates, and also exchange and trade crypto anytime.
You will earn up to 40% commission every time your referred users make a trade on Binance. Also, you can review the Binance commission history in the “Referral” section.
Is Binance Worth It?
Binance is the most sound of all the exchanges out there. The high security, low trading fees, and wide variety of cryptocurrencies and trading pairs make it the perfect platform. The exchange operates globally, excluding jurisdictions where crypto trading is banned.
You can sign up on Binance by clicking this link: