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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.

Are you in the market for a new car, but you are not sure what you should do with your other car? You could trade it in toward getting a new car or you could sell it but both of those come with a few hassles. There is another option which most people are finding very helpful to their needs of disposing of their old car in a good way, charity car donations. Charity Car Donations are simple and quick for the most part. You just need to call up your local car donations place and tell them you have a car to donate and they will come and pick it up. There are some things that you should know about charity car donations however, so that you do not find yourself worrying about the IRS. The very first thing you want to do before even thinking about donating or selling your car is to take pictures, inside and outside of the car. It is best to take pictures with a phone that can place a date on the picture. Charities are mostly trust-worthy, however into today's world you are finding more people who are out to take other people's car and money for their own gain. If your car needs to be fixed up a bit before you donate it then make sure you keep all your receipts which will add to the value of the car, such as battery receipts and new tire receipts. Your number two step when donating your vehicle is to get a receipt from the car charity organization. You will want to make sure it has your car listed, the date, time of pickup and information to the car such as the make/model and V.I.N number. Once the organization has sold your car then you will receive a sales price within 30 days. If you do not, then contact the organization. When you go to do your taxes you should already know exactly how much the car, if sold went for and this amount needs to be exact when you add it to your donations list. If you do not, then you could have some trouble with the IRS. You will need to fill out portion "A" of IRS Form 8283 if your car is worth more than $500. Portion "B" is your car is more than $5,000 along with getting an appraisal. You can generally find out what your car is worth by looking in the Kelly Blue Book but it never hurts to go to an independent appraiser to get a second look. Charity car donations can be a great way to get rid of your old car so you can bring in a new one and it is usually very helpful to the person who is getting your old car. However, you should always fix up your old car to its fullest potential before opting to donate it. That way the person in line to get it will feel like they are driving a brand new car just as you will be. Anthony Corrano the head of The American Relief Foundation invites you to help us provide poor children around America with support they need to continue living a normal American Life. Your support will come in the shape of a New York Car Donation. We accept cars regardless of condition running or not. Please help us with our cause. Lost title? If you have a lost or misplaced title please visit our resource online with links to all 50 states DMV websites lost or duplicate title replacement links that will directly link you to the forms you need. After which please locate your state and location and start the car donation process! Article Source: https://EzineArticles.com/expert/Anthony_Corrano/462845 Article Source: http://EzineArticles.com/3651177

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