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Binance : Trading platform Review


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Binance is a crypto trading platform online since 2017, where you can earn money by trading crypto currency like Bitcoin, ethereum, Litecoin and Dash .

1-Description of the platform : 

Binance is a cryptocurrency exchange paltform with a focus on the major coins market and other Chinese coins.

Currently, it supports users from all around the world. The Binance token (BNB) was created during the ICO event to fund the development of the Binance exchange.

Binance is capable of processing 1.4 mil orders/second, has multi-language support – Chinese, English, Korean, Japanese and has all the major coins available – BTC, ETH, LTC, BNB etc.

For trading, the platform will take 0.1% on all your trades as a fee for the paltform, ut if you Buy binance coin, You will only pay 0.05 % as a fee on your trades, the deposits are free, for withdraw you will pay this fee :

Binance Coin - 1 BNB
Bitcoin - 0.0005 BTC
Ethereum - 0.005 ETH
Litcoin - 0.001 LTC
Neo - Free
Qtum - 0.1 QTUM
Status - 1 SNT
Eos - 0.1 EOS
Bitcoin Cash - To be confirmed
Gas - Free
Bytom - 1 BTM
USDT - 5 USDT
HealthCareChain - 0.005 HCC
Hcash - Free
openANX - 0.1 OAX
district0x - 1 DNT
Monaco - 0.1 MCO
Iconomi - 0.1 ICN
ElectionChain - 0.1 ELC
Walton - 0.1 WTC
LLToken - 1 LLT
Loopring - 1 LRC

There are two options for trading platforms on Binance: Basic and Advanced. I’ll be , but you can check out the Advanced view below. There are not many differences between the two views with the exception of being able to do more detailed technical analysis in the Advanced view.

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Even the Basic view is fairly complex and not ideal if you’re just starting to invest. It’s obvious that Binance was not created for the casual investor. The main dashboard has several charts and graphs including the order books, a candlestick chart, as well as the trade history. There’s also a depth chart of the orders that you can view in a separate tab from the candlestick chart.

To begin trading, you first need to fund your account. To do so, click on the “Deposits Withdrawals” link under the “Funds” tab.

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On the “Deposits and Withdrawals” page, choose which cryptocurrency you’d like to fund your account with and click “Deposit”. Binance provides you with a public wallet address to send your funds. I recommend that you fund your account using either Bitcoin or Ethereum because those are the two coins with the most trading pairs. This gives you greater flexibility when trading.

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Once your account has some funds, you can start investing. Navigate back to the exchange dashboard by clicking “Basic” under the “Exchange” tab in the upper left-hand corner.

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On Binance, you’re only able to make limit and market orders. With the complexity of the interface, I would expect there to be more advanced trading options, but those things may be added as the company matures and grows.

 

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2-Affiliation :

You will get 20 % on all the fee that this platform take on your affiliates, that means for exmple if the trading turnover of your affiliate is 1BTC/Day, you will get 0.0025 USD everyday .

 

3-Ohters information about the site :

Language of the site : English, French, Chinesse, Japan and Korean

Alexa ranking : 10000

4-Others inforamtions about the site :

This site is the first trading platform in the world, so if you are looking to trade bitcoin nand crypto currency binance is for you .

 

 

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