Binary + Finance = Binance

Binance is a cryptocurrency exchange based in China which provides multilingual support for block chain and fintech enthusiast on a global scale. Within only three months of it's launch In July 2017 Binance became one of the top 10 exchanges in the cryptocurrency community by 24 hour trading volume. Binance currently offers BTC, USDT, ETH, BNB markets and within those markets they provide exchange services for a large variety of the top cryptocurrencies and tokens.

Binance provides safety and stability through its multi-tier and multi-cluster system architecture. They deliver high performance by being capable of processing 1.4M transactions per second which makes Binance one of the fastest exchanges in the market today. They also offer high liquidity due to there abundant resources and partners.

Currently the Binance platform is supported by Web, Android, Html5, Wechat, PC. Even though binance is pretty new to the market its platform is a proven product which has been deployed on 30+ exchanges already. It supports many devices in multiple languages providing a seamless user experience.

Binance has a team with background in both cryptocurrency finance and wall-street which is being led by Changpeng Zhao. Changpeng and his team have a track record of successful startups under there belt. they have a solid relationship with industry leaders which is shown by the prominent list of investors and advisers who are willing to stand behind the Binance platform.

Binance provides exchanges services to over 1M users and growing. They hold crypto trading competitions with prices from tokens and bitcoins to cars and luxury items.

They currently charge a 0.1% fee on each trade which is one of the lowest in the crypto space. If you pay using there token (BNB) you get 50% discount on the fees which brings it to 0.05% fee on each trade.

One down side to the Binance platform is that you are not able to deposit with fiat, it is a strictly cryptocurrency exchange. you can only deposit cryptocurrency funds but there is no limit on the amount that you can deposit. The amount that you can withdrawal depends of your verification level. On level one you can withdraw up to 2BTC per day, with level two your withdrawal limits is raised to 100BTC per day.

For level 2 verification, you need to provide:

• First name

• Last name

• Gender

• Country

• Passport ID/ License ID

• Passport ID/ License ID photo

• Selfie with passport ID/ License ID

In conclusion, Binance is a great new exchange that has achieved large crowd support in its short time. It offers good features even though there is room for improvement, at this point and time they are ahead of the pack.

If you are interested in trying out the Binance platform visit there website today and create an account. www.Binance.Com

Watch our video tutorial/overview of Binance Cryptocurrency Exchange