Review of Binance Coin Exchange

in binance •  7 years ago 

We have been trying for a few days to get an account here. They were only opening registration for a short window of time. Today, we were finally able to secure an account.

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If you want to use our referral id when signing up, it is : 22311259
https://www.binance.com/?ref=22311259

If not, this is fine too.
https://www.binance.com

They require a captcha puzzle piece thing.

bin2.png

After we signed up, we had to verify our email address, this was simple enough.
The first time logged in they suggest you set up 2 factor authentication, we also suggest the same.

We decided to make a small deposit to buy a few coins to test out the markets. There is a large selection of coins, much more than poloniex. Unfortunately, Steem and SBD were not listed. We decided to buy 4 "Binance Coins BNB", these can be used to pay exchange fees, and seem like a good bet.

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Overall, our first impression is very good. This exchange is quick with a lot of volume. There are a lot of features we are not entirely sure of yet. We will make an updated post once we learn more.

Thanks for reading.

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  ·  7 years ago (edited)

Good job, Binance was my top exchange, but I like Kucoin now. I think they have taket it to a new level.

Hoping to see STEEM listed in Binance soon! As of today, we cannot by STEEM in Binance exchange.

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In retrospect, buying Binance coin was not the best bet. At least we did not buy a whole lot more =/

at least you still get a 50% trading fee discount when paying with Binance coin

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