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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.

The loss of vision is one of the worse things that can happen to a person. There are many charities that fund research and provide services to those with vision problems or blindness. This costs a great deal of money. There are some ways you can help provide the money for those services. You can donate money, valuable items for sale or you can donate car you no longer need. Many vision charities accept and sell car donations to help raise money to assist those who are blind or visually impaired. The American Foundation for the Blind is a highly respected charity that has a large car donation program. They provide services to some 25 million people with vision loss across the United States. Another charity providing services to the blind you can donate your car to is Helen Keller International. They are one of the oldest charities and their mission is to prevent blindness and reduce malnutrition throughout the world. Helen Keller International enjoys an A rating from the American Institute of Philanthropy. One of the biggest causes of vision loss among people older than 55 is macular degeneration. This disease affects over 10 million Americans. The American Macular Degeneration Foundation funds research into the prevention and treatment of macular degeneration. They also provide support for the families of those afflicted with it. They rely on the proceeds from the sale of car donations to fund their activities. Neuromyelitis optica is a very rare disease that can affect the optic nerve and cause blindness. There are some treatments available but much more research is needed to find better treatments and a cure. The Guthy Jackson Charitable Foundation is dedicated to finding a cure and a treatment for this condition. You will help when you donate car you no longer use to them. You can also help improve the lives of those who are blind in Illinois by donating a car to the National Federation of the Blind of Illinois. They continue to help people with vision impairment in Illinois to achieve independence. The Connecticut Radio Information System, is a radio reading service for people who because of vision loss, a learning disability or a physical handicap are not able to read printed material. They broadcast news and information featured in local newspapers and current magazines. These charities all provide services to the blind and visually impaired and will all allow you to donate car whether it runs or not. Your car will be picked up for free too. And, they will sell your car for the most money possible. Many car donation charities sell all cars to the same place for a flat rate. These vision charities are different. They sell donated cars to a variety of outlets so that they will get the best price. This practice not only benefits them it also gives you the maximum tax deduction possible since it is based on the amount the charity sells your donated car for. You can get complete details on how to donate your car by going to the website of any of these fine charities that help the blind and visually impaired. You can also donate car by calling 1.866.448.3487. Karen Campese has over 13 years of experience handling charity car donations. She is the Co-founder and CEO of Cars4Charities, a not for profit car donation center that represents over 1,000 respected charities across the United States. Call 866.448.3487 or go to [http://www.cars4charities.org/]. Article Source: https://EzineArticles.com/expert/Karen_Campese/14891 Article Source: http://EzineArticles.com/6583432

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