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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.

How many people think about donating cars when it comes to giving donations? Many of us feel good when we donate clothes, household items, and money to our favorite charities and causes. Donating a car to reputable charities can help a cause or organization in a great way. It also benefits the person who donates and the non-profit organization that creates funds for the cause or organization of their choosing. When you donate a car, it allows for the owners of the car to use their donated car in order to gain tax deductions when it comes time to file a tax return. At the same time, this very generous donation will aid in fulfilling the needs of charities. When people decide to buy new cars, they often find themselves in a situation where they must sell, trade in, or just get rid of their old car. We often find ourselves in positions where we end up selling our car or trading it in for far less than what it is worth just to get it off our hands. This can often lead to a feeling of guilt, but it often comes with few other options to turn to. When you donate your car, many reputable car donation services will give you money back based on a percentage of what your car is worth. This is then blended with the great feeling of knowing that you are giving a very large donation that will make a very big contribution in the lives and situations of the company's cause or organization. Donating a vehicle to an organization is a wonderful way to give back and gain a feeling of satisfaction. It is advised that in order to get a tax deduction, that you donate to qualified organizations and car donation services. Many qualified organizations include churches and other religious foundations, local and state governments, non-profit schools and hospitals, all well-known organizations such as the Red Cross, Salvation Army, Goodwill, Boy Scouts, Girl Scouts, United Way, and so many more. Donating cars has become a very simple task through car donation services. Many of these services can help you complete your full transaction online. They will also pick up your vehicle free of charge in most circumstances. These car donation companies are making the process as simple as possible for our busy lifestyles. People find donating cars a more pleasant and rewarding experience. Many people find they don't get what they should get when selling or trading in. Many people feel that they don't often have enough money to donate. Many don't have the normal donation items that are given to people in need. Giving a car that you would otherwise not get a lot out of, is a great way to make a huge dent in the lives of people and organizations in need. When giving a car, not only are you making a lasting impact, but thinking outside of the box in the world of donations. The American Relief Foundation invites you to help us provide poor children around America with support they need. If you lost your car title and cannot donate we have an excellent resource to link you directly to your DMV page to order a duplicate car title. We are looking for a New Jersey Car Donation to help our cause. Please if you have an unwanted car consider a car donation. Article Source: https://EzineArticles.com/expert/Anthony_Corrano/462845 Article Source: http://EzineArticles.com/4090364

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