![]() ![]() Binance caters to both beginners through its user-friendly interface as well as to more seasoned traders interested in more extensive trading options.As the largest cryptocurrency exchange in the world, Binance is trusted by more traders than any other exchange and has some of the lowest fees in the industry.In the following Binance review, we take a comprehensive look at the platform, including its history, how it works, its cryptocurrency offerings, key features such as connecting algorithmic trading bots, its security protocols, and customer service.įor our US-based readers, this Binance review will also examine the fee structure and selection of available cryptocurrencies on Binance.US (including State-specific information). Binance has run into regulatory issues, particularly in the US and UK (a problem experienced by many in the crypto space) it has suspended futures and derivatives products offerings across Europe and it has even shut down its Singapore trading platform. And the platform experienced a crypto exchange volume of over $7.7 trillion (USD) in 2021. The top five countries in terms of the highest numbers of users on the platform are Turkey, Russia, Brazil, Argentina, and the Philippines. According to their own internal research, more than 48 percent of Binance users are hobbyists over 15 percent of users indicate that Binance is their primary source of income and over 90 percent of its users are males (their average age is around 35 years). ![]() With comparatively low fees, a wide selection of cryptocurrencies and trading options, and some solid security protocols, Binance has an estimated user base of 28.6 million people (2021).Ī few preliminary statistics paint an interesting picture of the exchange and its users. As the largest centralized cryptocurrency exchange in the world in terms of daily trading volume, Binance is one of the most popular choices for beginners looking to test the crypto waters as well as for experienced cryptocurrency investors. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |