Binance is a digital asset exchange that facilitates trading of cryptocurrencies. The platform was founded in China but soon relocated to Japan.
In July 2017, the company moved again to Malta. Binance has grown exponentially since its launch in 2017, and it is now one of the largest cryptocurrency exchanges in the world.
NOTE: Warning: Investing in cryptocurrency is risky and can lead to substantial losses. Before investing in a coin on Binance, research the coin thoroughly. Understand the risks and potential rewards associated with the coin, and never invest more than you are willing to lose. Be aware of the fees associated with trading on Binance, which may be higher than other exchanges. Additionally, cryptocurrency prices can be highly volatile, so always exercise caution when making investment decisions.
So, how much is a coin Binance? As of September 2019, Binance had a 24-hour trading volume of $1.26 billion. The exchange supports over 150 cryptocurrencies. The most popular trading pairs on Binance are BTC/USDT, ETH/USDT, and BNB/USDT.
Binance charges a trading fee of 0.1% for all trades. There is also a 0.5% fee for withdrawals.
6 Related Question Answers Found
Binance coin is a cryptocurrency with a utility function. It can be used to pay for fees on the Binance exchange, and it will also be used on the Binance DEX (decentralized exchange). Binance coin has a limited supply of 200 million, and it will never be increased.
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, offers a vast selection of digital assets to trade. As of April 2019, Binance had over 150 different coins available to buy, sell, or trade on its platform. The majority of these are “altcoins,” or cryptocurrencies other than Bitcoin.
Binance is a cryptocurrency exchange that launched in July 2017. Since then, it has become one of the most popular exchanges in the world. Binance is known for its low trading fees, fast transaction speeds, and wide selection of coins.
Binance coin is a cryptocurrency with a bright future. As the native currency of the Binance exchange, it has a number of advantages that make it well-suited for investment. For one, Binance coin is used to pay fees on the Binance exchange, which gives it utility and real-world value.
The Binance fee structure is simple and easy to understand. There is a 0.1% fixed fee for all trades. This fee applies to both maker and taker orders.
Binance Coin is a cryptocurrency with a native token that is used to trade on the Binance cryptocurrency exchange. The Binance coin can be used to pay for fees on the exchange and can also be used to trade against other cryptocurrencies. The Binance coin has a total supply of 200 million and a circulating supply of 143 million.
