Binance is the largest exchange in terms of daily trading volume of cryptocurrencies. This exchange was created in 2017 by Changpeng Zhao, a known developer of high frequency trading softwares. Binance was initially based in China, but later moved its headquarters out of China following the Chinese government’s increasing regulation of cryptocurrency.
The company launched it’s own cryptocurrencies : BNB (Binance Coin) in 2017 and Binance Smart Chain in 2020. As of 2021, Binance Coin was the cryptocurrency with the third highest market capitalization.
You can make a free registration to Binance by clicking here and check all the services that we will explain further.
Why should you choose Binance?
We will make a short explaination about the services offered by one of the best exchangers out there:
Binance Exchange – Custommers can exchange fiat for Bitcoin or other altcoins. The way you can make a free registration and your initial deposit is explained here .
Exchanging fiat for cryptocurrencies or cryptocurrencies for other cryptocurrencies is really easy. You just need to select the pairs and the amount that you want to exchange
Binance Trading Platform– Trading on Binance is easy. There are Crypto/Fiat and also Crypto/Crypto pairs with a wide cryptocurrency selection available.
Fees: Binance’s fees are among the lowest in the industry. Click here to be redirected to another post that will explain you how to buy your first cryptocurrencies.
Security-Binance’s security features include two-factor authentication (2FA) via the Google Authenticator app or short message service (SMS), address whitelisting, device management, and the ability to restrict device access.
Customer Service-You can contact custommer support via submitting a ticket, live chat and reaching out via Twitter. The custommer support improved a lot recently and the replies for any questions or issues that you may have come within minutes/hours depending on the form you contacted them.
