Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. As of January 2018, Binance was the largest cryptocurrency exchange in the world in terms of trading volume.
Binance was founded in July 2017 by Changpeng Zhao and Yi He. Zhao is a former CTO of OKCoin and the founder of BijieTech, while He is a co-founder of OKCoin.
The company has a strong team of experienced professionals with backgrounds in technology, finance, and marketing.
The company’s mission is to “build a world-class crypto exchange, powering the future of blockchain finance.” The company is headquartered in Malta but has offices in Hong Kong and Japan.
Binance offers both basic and advanced exchange interfaces. The basic interface is designed for new users and is very easy to use.
The advanced interface is more complex and designed for more experienced traders.
Binance also offers a mobile app for Android and iOS devices. The app allows users to trade cryptocurrencies on the go and has all the same features as the website.
Binance Fees
Binance charges a 0.1% fee on all trades. There is also a 0.
NOTE: WARNING: Binance is an online platform for cryptocurrency trading. It is important to remember that while cryptocurrency trading can be lucrative, it carries a high degree of risk and may not be suitable for everyone. Before using the platform, it is important to understand the risks associated with cryptocurrency trading and only invest what you can afford to lose.
5% fee for trades made with leverage. These fees are very competitive when compared to other exchanges.
Deposits and Withdrawals
Binance supports deposits and withdrawals in both fiat currency (USD, EUR, etc.) and cryptocurrency. Fiat currency deposits are processed through SEPA or wire transfer, while cryptocurrency deposits are processed through blockchain transfers.
Withdrawals can be made in either fiat or cryptocurrency. There is no limit on how much you can deposit or withdraw per day or month.
Supported Cryptocurrencies
Binance currently supports over 100 different cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Monero (XMR), Dash, Zcash, Ethereum Classic (ETC), NEO, IOTA, Bitcoin Cash (BCH), Qtum, EOS, Lisk (LSK), Stratis (START), Siacoin (SC), Cardano (ADA), TRON (TRX), OmiseGO (OMG), Verge (XVG), Icon (ICX), Binance Coin (BNB). This list is constantly expanding as new cryptocurrencies are added to the exchange.
Supported FIAT Currencies
Binance currently supports deposits and withdrawals in USD, EUR, GBP, CAD, and RUB. More fiat currencies will be added soon!.
10 Related Question Answers Found
Binance Funding is a system used by the Binance exchange to provide funding to users who want to trade on the platform. The system is designed to provide an incentive for users to trade on the platform, and to help cover the costs of running the exchange. The Binance Funding system works by allowing users to put up funds for trades, and then taking a percentage of the profits from those trades.
Binance investment is an online investment platform that enables users to invest in a variety of assets, including cryptocurrency. The platform is designed to be user-friendly and is suitable for both new and experienced investors. Binance investment offers a variety of features that make it an attractive option for investors.
Binance interest rate is the percentage of an account’s average daily balance that is paid out in interest. The average daily balance is calculated by taking the sum of all the account’s balances over the course of a month and dividing it by 30. The interest rate is variable and is set by Binance.
Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. As of January 2018, Binance was the largest cryptocurrency exchange in the world in terms of trading volume. Binance was founded in 2017 by Changpeng Zhao, who is also the CEO of the company.
A Binance account is an online platform that allows users to buy and sell cryptocurrencies, as well as store them in a digital wallet. The account also provides users with access to a variety of other features, such as a news feed, charting tools, and a built-in exchange. Binance is one of the largest cryptocurrency exchanges in the world, with a daily trading volume of over $1 billion.
Binance is a digital asset exchange platform founded in 2017 by Changpeng Zhao. The name “Binance” is a combination of two words: binary and finance. The company’s mission is to “build a world-class crypto exchange, powering the future of blockchain finance.” .
Binance is a digital asset exchange that facilitates trading of cryptocurrencies. The name “Binance” is a combination of two words – binary and finance. The company behind Binance is Binance Ltd.
Binance, the world’s largest cryptocurrency exchange by trading volume, has announced the launch of a new product called “Binance Swap”. The product is a decentralized exchange (DEX) that will allow users to trade digital assets in a trustless and permissionless manner. Binance Swap will be powered by the Binance Chain blockchain, which is the native blockchain of the Binance ecosystem.
Crypto Binance is one of the most popular cryptocurrency exchanges in the world. It is a centralized exchange that allows users to trade cryptocurrencies. The exchange was founded in 2017 by Changpeng Zhao and Yi He.
Binance is a cryptocurrency exchange that was founded in 2017. The company is headquartered in Malta and has offices in Singapore, Tokyo, and London. Binance is the world’s largest cryptocurrency exchange with a daily trading volume of over $2 billion.