Best and Reliable Crypto Exchanges | Part 3 | Binance
Binance
https://www.binance.com
This list isn’t complete without reviewing the world’s most prominent cryptocurrency trading platform, Binance. It’s not our top recommended crypto exchange platform because it’s too complex for a newbie trader and has too many advanced features and trading options.Binance
Binance provides a comprehensive range of trading options via its desktop or mobile dashboards, including an excellent variety of market charts and hundreds of cryptocurrencies. The platform also offers extensive learning platforms, an NFT platform, and its tools and features.
Only 65+ cryptocurrencies are available for trading on Binance’s exchange outside of the United States. It also accepts some fiat currencies for customers outside the United States, including AUD, EUR, GBP, USD, INR, and HKD.
How Does Binance Work?
Binance is available on a website, desktop, and mobile app. The Binance interface offers a bird-eye view of price trends, order books, transaction histories, and your crypto portfolio. Users also get many order types, including stop-limit orders, limit orders, stop market orders, trailing stop orders, and so on.
In addition, you have a variety of trading perspectives to choose from, including OTC views and traditional margins. But, some of Binance’s features, such as margin trading, are unavailable to U.S. users.
Is Binance Safe?
Binance has one of the best security features in the industry. There’s an option for users to limit device access, two-factor authentication, device management, the safe listing of addresses, and so on. The Binanace.us platform covers all balances in U.S. dollars with FDIC protection.
Binance Fees
Binance has one of the lowest trading fees in the industry. The bigger the trading volume, the cheaper the fee. The chart below will give you a quick overview of Binance fees for various payment methods and withdrawals.
Payment Type
Wallet
Debit cards
ACH transfer
Wire transfer
Opening an Account
Getting started on Binance is simple, and you’ll only be required to enter basic personal information to create an account. After creating your account, the platform will need you to turn on 2FA. Then you can add a payment method to your account, make a deposit, and start trading on Binance.
Our Take on Binance
Binance is best suited for experienced traders who want many trading features. Users would appreciate the cheaper fees and the range of cryptocurrencies available, but U.S. users would find the platform limiting.
1.1K
5
Cryptocurrency
Crypto
Blockchain
Exchange
Crypto Exchange
1.1K
5
Follow
Written by CryptoZoom
1.8K Followers
Founder of CryptoZoom. Trading and crypto enthusiast. Focused on educating investors. Crypto, NFT, Web 3.0, Blockchain, Metaverse, DeFi, FineTech, and Finance.
More from CryptoZoom
CryptoZoom
Best and Reliable Crypto Exchanges | Part 5| Huobi
| Houbi
2 min read
·
Nov 19, 2022
933
CryptoZoom
Best and Reliable Crypto Exchanges | Part 4| Kraken
Kraken
3 min read
·
Nov 12, 2022
1K
5
CryptoZoom
Best and Reliable Crypto Exchanges | Part 2| Gemini
Gemini
2 min read
·
Aug 7, 2022
831
3
CryptoZoom
Best and Reliable Crypto Exchanges | Part 1 | Coinbase
Coinbase
3 min read
·
Jul 15, 2022
1.2K
7
Recommended from Medium
Captain Crypto
These 5 Cryptocurrencies Could Make You A Millionaire By 2024-End
2021 was a monumental year of crypto. The industry empowered many individuals to make their first million through digital assets. 2022…
3 min read
·
Dec 14, 2023
13
Financeable
12 Side Hustles You Can Do From Your Phone ($600+ Per Day)
Let’s be honest, if you’re reading this article, you probably have a phone or a laptop. And with this thing, you can make as much as $600…
13 min read
·
Dec 25, 2023
7.6K
136
Lists
Modern Marketing54 stories
·
379
saves
My Kind Of Medium (All-Time Faves)59 stories
·
189
saves
Generative AI Recommended Reading52 stories
·
634
saves
Unbecoming
10 Seconds That Ended My 20 Year Marriage
It’s August in Northern Virginia, hot and humid. I still haven’t showered from my morning trail run. I’m wearing my stay-at-home mom…
·
4 min read
·
Feb 16, 2022
74K
1046
Nikhil Adithyan
in
Level Up Coding
An Algo Trading Strategy which made +8,371%: A Python Case Study
Backtesting of a simple breakout trading strategy with APIs and Python
7 min read
·
Nov 28, 2023
1.6K
37
Paul Rose
I Found A Very Profitable AI Side Hustle
And it’s perfect for beginners
6 min read
·
Oct 19, 2023
15.4K
260
Annabelle Darcie
in
NFT Daily Dose
Meme Coin Magic: A Step-by-Step Guide to Launching Your Cryptocurrency
A meme coin is a type of cryptocurrency that derives its name and popularity primarily from internet memes, social media, and online…
10 min read
·
Oct 26, 2023
