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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.

If you happen to be one of those individuals who try to make the most out of any situation, then you should think about the advantages of donating cars to charitable organizations. When you donate an automobile to a charity, someone can get more use from your car, even though you no longer can and simultaneously, you are doing something great for other people. What is excellent about donating cars to a good cause is that if you look for it, yow will discover businesses who are dedicated to vehicle donations who can carry out all the main work for you. These companies actually help make the whole process of car donations easier than it used to be, which in turn encourages more people to try donating their unused cars, regardless of whether their vehicles are damaged or still in good shape. Assuming you have an automobile that's old and you are therefore thinking about doing away with it, then you should know how simple it is to donate your vehicle to charity. There are various scenarios where it could be the perfect time to consider donating cars. Here is one situation of why you may think about donating your automobile to charity: Calculate the overall cost it may take you to mend your old and broken automobile. If you feel that it can cost you more to get it fixed than it is really worth, it might be easier for you to check out vehicle donations to charity rather than auto repairs, helping you save work and cash. If you find it difficult to endure the whole process of selling your car, then perhaps it will ease your thoughts if you could merely donate it as an alternative. Once you donate your automobile, you can also collect tax benefits for your charitable donation. If you have considered donating cars, don't let your charity end there. You may also give away various other sorts of vehicles like trucks, RVs and motorboats. Even if your cars have stopped functioning, a large number of companies will accept them with their current condition, which will still help the charitable organization. If you look at some charity groups, some will even approve other vehicles such as what you would use for the farm or even garden. In case you have an old car that no longer operates on its own, then the towing expenses alone may not be worth the cost for you. Instead, think about donating your car, so that you can do something great for the society as well. When donating cars to a good cause, most organizations will handle the fees of towing so you don't need to worry over it. As another advantage, donating your car or truck to charity can finally get that piece of trash away from your lawn or out of your garage using up space. If you are considering donating cars to charity, there are several things you should consider, like the tax advantages, the basic safety of your car for your current usage and also the expenses of trying to keep it in its present state. Overall though, you have to take a step back and remember that your donation aids individuals in need. There are a variety of options when it comes to donating cars [http://www.1800cardonations.org/donating-a-car/]. Many non-profit organizations are anxious and prepared to take a car donation that can help them provide to the causes that they support. Donate a car [http://www.1800cardonations.org/donate-a-car/] and help those who need it the most. Article Source: https://EzineArticles.com/expert/Scott_Smoot/392705 Article Source: http://EzineArticles.com/5434986

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