Binance
Renowned for its unmatched trading volume, this cryptocurrency exchange allows users to buy and sell Bitcoin, Ether, and various altcoins seamlessly. With the capacity to process over 1.4 million orders per second, it prioritizes security and speed, making it a preferred choice for both casual and professional traders.
Top Binance Alternatives
Uphold
Uphold offers an innovative platform for cryptocurrency enthusiasts, enabling users to stake over 19 digital assets and earn rewards up to 14.5%.
Coinbase
Despite having its share of cons, this platform is still a great way to deal in Bitcoins— courtesy the expansive client base and a user-friendly interface.
BitDelta
BitDelta is a cutting-edge cryptocurrency exchange that empowers users to trade various digital assets seamlessly.
TrustChange
This platform seamlessly combines a custodial wallet, exchange, and payment processor, empowering users to store, exchange, and manage cryptocurrencies like Bitcoin and Ether.
Pocket Option
With an intuitive interface, Pocket Option offers over 100 global trading assets, enabling flexible trading options such as Forex MT5 and express trades.
BingX
Aiming to democratize the crypto market, this FinTech company offers a user-friendly platform for both spot and derivatives trading.
CoinStats
With features like custom alerts, in-depth profit analysis, and AI-driven price predictions, users can track...
IQcent
Users can easily deposit and withdraw funds via various methods, including crypto and cards...
Ziglu
With user-friendly features, including a quick sign-up process and access to live support, users can...
Poloniex
With options for perpetual contracts and staking rewards, it offers tools for managing balances and...
Zelta
With up to 16.5% interest on crypto vaults, it rewards every activity, including staking and...
Raceoption
It highlights the current percentage of bullish and bearish traders, allows users to set expiry...
ZEDXION
By partnering with Market Synergy, it provides institutional-grade connectivity for corporate accounts and traders...
OKX
With powerful APIs, low fees, and a world-class matching engine, it provides a seamless experience...
ZBX
Clients can access secure custody, transfers, and OTC services via user-friendly desktop and mobile platforms...
Binance Review and Overview
Amongst so many currency trading platforms, Cryptocurrency is having a big-time with the market for sleek anonymous transactions. Among them, Cryptocurrency exchanges are the centers that provide international transactions for cryptocurrency. Binance began in 2017 with headquarters in China, which were later shifted to Malta, EU, for a trade-friendly environment.
Binance is a topnotch cryptocurrency exchange platform that offers services for various cryptocurrency exchange and other trades. It has an average volume of over 1.2 Billion, with 1400k+ transactions per second and with 24/7 support. All of this is done at a low trading cost of 0.1% with Binance Coin.
Binance Exchange
Binance Exchange has one of the best UI for cryptocurrency. The UI is designed to give a quick idea on various items like current stocks, market rates, high/low volume in the past day, trade history, fluctuation of various currencies, exchange rates, margins, stop limit, and stop market calculations too.
Once the account is made, you can fund the account and begin trading. Users can even trade-in pairs with cryptocurrencies like BTC, Ethereum, Bitcoin Lite, BNB, etc. The transaction fees are charged in the form of Binance Coins. Binance destroys a portion of its currency each quarter, thereby creating a shortage, which then increases its value for the holders.
Binance Secondary Services
Although Binance Exchange is the leading service or product of Binance, they provide other services too across the globe. Binance offers a free of cost cryptocurrency tutorial program called Binance Vision. It offers video as well as full guide-based tutorials to understand blockchain and cryptocurrencies.
Binance Charity is its charity program to help underprivileged across the globe via food, clothing, and other medical help. It has new programs that raised $230k for refugees in Uganda and $1523k for Australian Bushfires, which are still being funded. These charities are under the monitoring of Malta Community chest fund, FCSSC, and such organizations.
Binance Labs offer to fund for startup programs. The Binance Launchpad offers a fundraising platform as Token Sales. It has about 17 names in the lottery section. Binance Research is a Ph.D. version of Binance Academy providing much detailed insight into cryptocurrencies. Lastly, Trust Wallet is their mobile application that offers to save various cryptocurrencies, with high encryption security and anonymity.
Overall, Binance has genuinely been a one-stop solution for all the cryptocurrency exchange needs. The services, its UI, and the security features are excellent too. To date, only one instance of hacking occurred in May 2019, stealing 7000 BTC, even after which Binance didn’t stop and continued providing services with better security and anonymity.
