Nobody is a mystery the incredible rise experienced by the vast majority of cryptocurrencies today, this means that every day there are thousands of people who are interested in entering the world of cryptocurrencies and trading. It is important that everyone interested in this business knows what an Exchange is and, above all, that he knows of the existence of one of the most popular, which is called Binance.
What is Binance
Binance comes from the words binary and finance, is the most recent and popular Asian exchange in recent months, created by Changpeng Zhao (CEO of Binance , founder of BijieTech and co-founder of OKCoin), whose vision is to build a secure exchange platform, With a global and decentralized scope, this exchange system would be oriented only to cryptocurrencies.
This exchange has obtained great importance at the moment, this due to the great variety of cryptocurrencies that can be commercialized, like Bitcoin, Ethereum, Ripple among others, but undoubtedly one of the main advantages is that it includes other cryptocurrencies that are not in the traditional exchanges.
Binance is one of the fastest growing exchanges in the cryptocurrency market, the growing popularity of Binance is due to multiple factors, from restoration to multiple languages, having a clean user interface and most notably, extremely high performance ( data processing speed).
Binance not only stays in exchange but also is an incubator and / or accelerator of blockchain-related projects that seek funding through an ICO, where you can invest, if desired, with the Binance tokens, known as the BNB.
Its main characteristics of Binance are:
Safety Stability: Multi-tier & multi-cluster system architecture
High Performance: capable for processing 1,400,000 orders / second
High Liquidity: Abundant resources and partners
All Devices Covered: Support Web, Android (app), Html5, Wechat, PC
Multiple-Language Support: Chinese, English, Japanese, Korean, Spanish, German, Russian among others
Multiple-Coin Support
BTC, ETH, LTC, BNB
Currencies that can be exchanged on the platform
Binance has a wide selection of currencies, currently some of the currencies that support and with which users can perform operations are: Bitcoin, Ethereum, Litecoin, Tether, Binance Coin, among many others.
Why should a Binance account be opened?
Binance is growing at an amazing speed, and if this continues, it will be one of the largest cryptocurrency exchanges based on trading volume. In addition, many new currencies that had just had an ICO would have a greater tendency to appear in Binance compared to other large exchanges.
Steps to open an account
Go to the Binance website, if it is not in your language you can change it, selecting in the top right the language of your preference.
Click on the "Register" button in the upper right corner of the web page.
Fill out the form, it is important to enter a long and arbitrary password that will make it more secure.
Then you must verify the email by clicking on "Verify Email" in the email.
The first time you log in, a pop-up window will appear on the screen, to add authentication. You can use Google or a text message for verification. It is recommended that you do this for safety.
Once all these steps have been done, you can deposit, withdraw, buy and sell cryptocurrencies in Binance .
For more information you can visit the official site of Binance .
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