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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.

Paris is the top destination for a romantic getaway, but why not make it even more memorable by staying in one of the many unusual hotels located in the heart of Paris! I have written a short description of four of the hotels, so you can make your own mind up on which would be the strangest place to stay! The first is Hotel Mayet which is located in les Invalides, it is a cosy hotel and best described as a modern bed & breakfast. Breakfast is served in a cellar on a long table containing a very bright table cloth, but it gives you the chance to get to know the other guests! The rooms are decorated in different patterns but all in the colours of red and grey, the most unusual part of this hotel is how the hallways and communal areas are decorated! They all contain large graffiti designs which are neon in colour - very different from your traditional B&B! The second hotel is Hotel Saint-Merry which is located in the historic Marais Quarter of Paris. As you might have guessed by the name, Hotel Saint-Merry was originally a prestbytery and one of the bedrooms is even intersected by a flying buttress! As the building originates from the 17th century, the hotel owners decided to give the hotel a gothic style decor complete with iron chandeliers, carved wooden chairs and they have kept all the original beams which add to its spooky feel - this hotel is definitely not for those who are scared of the dark! The third hotel is the very beautiful Le Bellechasse and is a must for art lovers everywhere! This is a five star hotel and a member of the small luxury hotels of the world! The hotel contains 34 rooms that have all been decorated by Christian Lacroix! The design theme of the rooms is from the "old to the new" and the room designs include butterflies on the ceiling, along with some other very large printed wallpaper. A lot of time and effort has been put into decorating this hotel and all the rooms are completely unique, making this a hotel to remember! Paris is full of unique and unusual hotels, so make your trip to Paris even more special and stay in one of them! If you want to find even more unusual hotels then read a travel guide on them and they will also be able to tell you the best locations for the sights you want to see! Sally is a travel enthusiast who loves about her personal travel experiences. Article Source: https://EzineArticles.com/expert/Sally_Rowland/411241 Article Source: http://EzineArticles.com/3498018

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