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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.

Buying a used car can be a complicated process because of all the options available. One of those options is a certified pre-owned car. These are cars that are under 5 years old with low mileage. There are 2 kinds of certified pre-owned cars; factory backed and dealer backed. The factory backed or manufacturers certified pre-owner is the most popular because the car maker warranties it at no additional cost to the buyer. One big benefit of this is that the buyer can get a fairly new car, particularly a luxury car for less than the cost of a new car. The buyer also gets piece of mind because of the warranty. Factory backed certified pre-owned vehicles are put through a rigorous inspection and all necessary repairs have been done. Due to this and the warranty, certified pre-owned cars are sold at a higher price than non-certified vehicles. On average a luxury certified vehicle will cost between $2000 and $3500 more. A non-luxury vehicle will cost $300 to $1750 more. Each manufacturer's program is slightly different, so doing some research is always a good idea. A certified pre-owned dealer backed vehicle is very much different from a factory backed one. In this case, the dealer also conducts an in depth inspection of the car. This inspection may not be as extensive as the factory backed. Although the vehicle will have any remaining factory warranty, the dealer does require the buyer to purchase an extended warranty. The cost of a dealer backed certified pre-owned vehicle is usually less than a factory backed one. In either case, a certified pre-owned vehicle is really designed for someone who is interested in owning a late model, low mileage car for less than the cost of a new one. It is also for someone who is not really knowledgeable about car repairs or who do not to bother with car repairs. In this instance, the extra cost involved in purchasing a certified pre-owned vehicle is worth it. No matter what type of used car is purchased, the buyer still has to decide what to do with the older vehicle. Almost all buying guides indicate that using it as a trade in is not a benefit. There are also many negatives associated with selling the car to an individual. The biggest problem with that is the liability that is involved in the case where the new buyer does not title or register the car in their name. In this situation, the seller of the vehicle is liable for any tickets, accidents, etc. with respect to that vehicle. A very good alternative to selling the vehicle privately is to donate car to charity. Most charities that have a car donation program are happy to accept a vehicle in virtually any condition. They will sell the donated car and use the proceeds to help further their charitable mission. In return, the donor is entitled to a tax deduction of the greater of $500 or the amount the charity sells the vehicle for. The charity also takes care of all the paperwork with respect to the title so the donordoes not have to worry about any repercussions. Karen Campese is the Co-founder and CEO of Cars4Charities, a not for profit car donation center. They have over 1,000 respected charities that you can donate car [http://www.cars4charities.org/] to. When you donate your car, you get a tax deduction and help a good cause. Article Source: https://EzineArticles.com/expert/Karen_Campese/14891 Article Source: http://EzineArticles.com/6881218

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