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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.

When you donate your car to charity, it opens the door to a lot of valuable opportunities. You get the opportunity to divest yourself of a car you do not need and you get to do it in the most opportune way. There are only a very few requirements for donating a car to charity. You just need a valid title, your car has to be intact and it has to be in place where the tow truck can easily get to it. And, your car will be picked up at no charge to you. There is no muss, no fuss involved. There are no car repairs required, no negotiations with a car dealer or a private party, no wasting time or money advertising or showing the car. Car donation only requires a very few minutes on the phone or on the internet. Car donation offers you the opportunity to get a very nice tax deduction. Your tax deduction is equal to the amount the charity sells your donated car for or $500, whichever is more. All that is required of you to claim your tax deduction is to simply itemize on your federal tax return. The charity you donate your car to will provide you with all the paperwork you will need to claim your valuable tax deduction. When you donate your car to charity, you have the opportunity to assist a charity whose mission you believe in. The money generated by the sale of your car donation can support International charities that are helping to promote human rights, animal rights, environmental issues or who provide food, shelter, medicine, health care, education, etc. to third world countries or to countries who have been struck by a natural disaster. Through your car donation, you have the opportunity to support National, regional or local charities that are striving to cure disease, illness and injury, or to provide services and education for those currently suffering and their families. You also have the opportunity to help charities that provide food, shelter, health care, counseling, etc. to the homeless, poor or those who are suffering from mental illness or substance abuse. You have the unique opportunity to help charities that provide assistance to victims of child abuse, sexual abuse, abuse against women, animal abuse, or who provide education, training or other programs for young people, the disabled, the unemployed or the under employed or to charities who provide services to the elderly and/or their families. You can also help support charities who assist veterans, active duty members of the military or their families. The proceeds from your car donation will also afford you the opportunity to support various religious organizations or ministries. Or, you can help charities that support the arts, music, libraries, etc. If you have a car you no longer need, you have a chance to help yourself and to make a difference in the life of someone else. All you have to do is seize the unique opportunity and donate car to charity. 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/6520376

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