Binance

“Trading the future”

INTRODUCING BINANCE 

The name “Binance” is sourced to be a combination of the words ‘bitcoin’ and ‘finance’. It claims high standards of safety and delivers high processing output with the capacity to process about 1.4 million orders per second. It supports trading in more than 150 crypto coins, including popular ones like Bitcoin, Ethereum, Litecoin, and its own BNB tokens, and the list continues to expand 

Binance provides a crypto wallet for its traders, where they can store their electronic funds. The exchange also has supporting programs that help traders make investment decisions and also in trading. 

Curious to know more..? 

Is Binance legit? 

Binance is the largest cryptocurrency exchange known, with over 15 million users worldwide. As such, its legitimacy is without question. Having some of the largest liquidity available, analysis tools, and some of the most competitive fees and rewards in the industry shows an unarguably bright future for the success of the platform. 

With an ever-expanding list of crypto coins and tokens, Binance has truly made an awesome mark in the industry and will continue to bring innovations to the future of cryptocurrency. 

BINANCE BONUSES AND REWARDS 

Imagine competing against other traders daily, improving your trading skills and experience, and at the same time, winning prizes. Wouldn’t that be great?

Or perhaps, you want to keep track and interact with the best traders on the platform, imagine being able to track the positions of the most profitable traders in the crypto world and watching the amounts of profits they make day in day out. 

Binance has exciting new features that will take your trading experience to another level.

Eager to create an account on Binance? 

Creating a Binance account is Free, I’ll show you how to open a Binance account. Interesting isn’t it? 

HOW TO SET UP AN ACCOUNT WITH BINANCE 

• Visit Binance’s official website and click the [Register] button. 
• On the registration page, please follow the displayed instructions and insert a valid email address and password for your account. Then click [Create Account]. 
• After clicking [register], please fill the option appropriately.
• After clicking, the system will send the verification code to your email address which will be valid for 30 minutes. 
• After entering the verification code, the following page will appear to show you have successfully registered.
• Done setting up an account and you intend on starting trading?, These are some available coins on Binance to trade with. 

AVAILABLE COINS ON BINANCE

Bitcoin(BTC), Ethereum(ETH), Dogecoin(DOGE), Shiba INU (SHIB), Litecoin(LTC), Binance coin(BNB), Cardano(ADA), Polkadot(DOT), Bitcoin cash(BCH), Stellar(XLM), Tether(USDT), Chainlink(LINK), Monero(XMR), Ethereum classic (ETC),Tron(TRX) and so on.. 

WITHDRAW AND DEPOSIT 

How long does Binance withdrawal take? 

In most cases, after the completion of the laid down withdrawal rules, Binance withdrawals are instant and usually take no longer than 30 minutes to reach your destination wallet. 

HOW TO WITHDRAW ON BINANCE 

• Visit https://www.binance.com and Log in to your Binance account. 
• After the login, click on [Wallet] on the upper right-hand side of the page. Then, click on the [Withdraw] button on the right banner.
• Input the abbreviation or full name of a coin/token to withdraw, or select from the list.
• After confirming the address, copy it into the [Recipient’s Coin Address] field, and enter the withdrawal amount. 
• You will be guided to pass the Security verification
• Please double-check your withdrawal crypto, amount, and address and click [Submit] on the Security verification page

Currency (Min and Max Amount To Deposit Or Withdraw) 

Binance accepts a wide range of currencies and makes it easy for you to buy crypto using US Dollars, Euros, Pound Sterling, and other fiat currencies.

Payment Methods

Payment Method	Type	Minimum Deposit	Maximum Deposit	Average Deposit Time	Average Withdrawal Time
Visa	Credit / Debit Card			10 Minutes	2 Days
Binance support Bank	Bank deposit
Banxa and simplex	3rd party payment
Bank Transfer	PTP Trading

 

BINANCE CUSTOMER SUPPORT

To contact customer support, there are various options available:

Click the “Support” icon that is located at the bottom right of your Binance page. You may either send a message or use the search option to find the answer to your question. Customer support is extremely responsive and available 24/7. Also, you may submit a support request from the Support section. The Support section is located at the bottom of the Binance Home page as shown below:

You can contact Binance via social media

Facebook: https://www.facebook.com/binance

Twitter: https://twitter.com/binance

BINANCE MOBILE APP

Binance – Cryptocurrency Exchange is a free mobile application that allows users to trade their cryptocurrency online. It provides users with a secured and transparent way to deal with their digital assets and offers a simple, professional and effective way to go about trading. With the ability to deposit and withdraw anytime, from anywhere, Binance – Cryptocurrency Exchange Mobile app is not only convenient, but it’s also accessible for all users. 

 

HOW TO TRADE ON BINANCE 

If you are thinking of trading on Binance, then you should read on. We’ll show you how to trade on Binance and make a safe exchange. Trading on Binance deals with buying and selling crypto coins and trading of pairs. These are the steps to basic trading on Binance 

• Choose a trading pair 
• Choose the type of trade you want to make 
• Limit order
• Market order
• Stop limit order
• Choose the amount you want to trade. Click on the Market if you are happy with the current market price and enter the amount of Ripple.

Now you know how to use Binance to make trades, I need to tell you about Binance trading fees

TRADING FEES

Binance trading fees are some of the lowest on the market. Binance doesn’t charge users for making deposits. This is because the exchange is cryptocurrency-only. It avoids the high fees that exchanges that offer fiat trading have to charge.

Binance charges different withdrawal fees for different cryptocurrencies but they are all quite low and affordable. Binance trading fees are capped at 0.1% of each purchase or sale users make. This fee is reduced by 50% if a trader uses Binance Coin to pay them. So, that’s a final fee of just 0.05%. 

As you can see, Binance trading fees appear to be one of the exchange’s best features. Next, I want to tell you about the Binance liquidity pool and futures

BINANCE LIQUIDITY POOL

Liquidity refers to the ease with which an asset can be exchanged for cash without affecting the value of the asset itself too much – the higher the liquidity, the better for customers. Binance has the largest liquidity of any cryptocurrency exchange. 

BINANCE FUTURES

This is a type of trading in Binance. In futures trading, you can participate in market movements and make a profit by going long or short on a futures contract by using up to 125X leverage… On our Binance Futures platform, you can go long or short with leverage to reduce risk or seek profits in volatile markets.

CONCLUSIONS ON BINANCE 

Binance is a world leader in the crypto space, delivering users with a mass of products to deep dive into the crypto market. With one of the largest crypto offerings, global presence, and platform offerings, few can compete. Liquidity and security protocols deliver investors and traders with an impressive platform to trade from.

Among all competitors, Binance looks to continue to evolve. It is an ideal platform for those looking to trade and for those looking to spend hard-earned cryptos.