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: Securityīinance has faced several security scares since its launch. Coins traded on Binance include Dogecoin (DOGE), VeThor Token (VTHO), Harmony (ONE), VeChain (VET), and BND to name a few.Ĭurrently supports 87 coins including AAVE, BNT, BTC, and CELR. The platform however supports 52 coins on its Binance.US version. : Supported Currenciesīinance is known for having a wide variety of altcoins with more than 500 altcoins available to non-U.S users.
You’ll need to explore issues such as liquidity, the efficacy of a platform’s hot wallet, and its capacity to match orders in real-time. It requires finding a platform that offers instant access to your funds. Last but not least, you want to ensure accessibility to the funds you trade. This gives trader the ability to track any small changes in the market and take remedies to protect their assets from loss. You also need to ensure that the platform selected is easily accessible and also offer instant trading. You therefore need to pay a lot of attention to all the fees on the various transactions. Both Binance and have varying fees on various transactions like deposits, withdrawals, and transfers of crypto assets. Transaction Feesįees have an impact on the level of profit from any trading activity. It is indicative of how secure your money will be in an exchange’s wallet. The reputation of the exchange is very important in ensuring that you are placing your assets in the right hands. Factors to consider when selecting a trading platform include The platform allows users to swap or stake CRO coins in order to boost their yields.
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The platform has its own native cryptocurrency called CRO which holders can use to pay for goods and services in the Wallet App. The company has its headquarters in Hong Kong.Ĭ users can buy, sell, trade, and earn interest from their cryptocurrencies using a mobile app on their phones. Ĭ is a cryptocurrency staking and investing platform founded in 2016 by four founders Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo. The exchange offers investors with the widest variety of crypto assets to invest in. The company was founded by its current CEO Changpeng Zhao back then in 2017 and it has its headquarters in Malta. The Binance crypto trading platform offers some of the most competitive rates in the industry and is suited for both beginners and seasoned traders.
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It is the largest cryptocurrency exchange platform in the world in terms of trade volume. Binanceīinance is a leader in the cryptocurrency industry and supports more than 200 cryptocurrencies.
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However, considering the millions of users Binance has, these represent an extremely tiny percentage which means that Binance still does a good job when it comes to its customer support.īefore we move on, here is a full Binance review. Their customer support is overwhelmed with tickets most of the time and stories about inexplicable account freezes, fund lockups and similar restrictions are very common. As for Binance, they hide their headquarters like a snake hides its legs. It is a registered and US based company that strictly adheres to the pertinent laws and regulations in the US. When it comes to customer support and regulatory status – is the winner. The sheer number of features and the fact that you can use it with no KYC (up to certain amounts of crypto: 2BTC daily withdrawal limit which will suffice for the vast majority of crypto traders) speak for Binance.īinance has more listed coins than, has lower fees, has more additional features (savings, launchpad, NFT marketplace, loans, derivative trading etc). If you are a US-based user, there is no dilemma for you: is the exchange to choose since Binance is not available to you and is a pale copy of its mother-company.Īs for the rest of the world – Binance is by far the better exchange to use.