Binance Review.
Binance is the world biggest and large Crypto trading platform because of their daily $4 billion plus trade volume so if you are trader so definitely join Binance not just because of their high trade volume but also for their less trade fee than any other platform which is only 0.01% and if you use their crypto coin for trading so your trade fee will be 0.002% and if you talk about their security so don’t worry because they have their own cold servers which means your currency will be secured at the backhand if some one try to hack their most secured network having a lot of features so they will get nothing because all the crypto were secured at backhand in their cold servers. You can also use it from your smart phones with their own mobile App. In last month Binance stop their new account verification due to large number of users and updating their system but don’t worry now they open it back so if you are thinking to join it so join it before its to late.
Binance Beginning.
Binance was founded in 2016 and they launched it in 2017 on 14th July due to a lot of verification. In start they only launched the successful ICOs with above $15 million market cap which were to small project but now they have dominance over the one quarter of the bitcoin. In 2018 the Deutsche Bank, Germany know as the world leading financial institution with a record profit of $146 million while on other hand the Binance crossed them with a record profit of $200 million. Binance was just a new startup set up just under a year ago having a team of only 200 employees whilst the giant bank has above 100,000 employees.
Binance CEO Changpeng Zhao said “Binance is the world largest cryptocurrency exchange in the first 3 months from inception, profits amounted to $7,500,000 USD. In the 2nd quarter, profits amounted to $200,000,000 USD. The 3rd Quarter is still in progress and is expected to have further growth. Any country that can attract Binance to open a branch in their location will receive a handsome tax income revenue.” Their CEO is too active in blockchian technology that they have also launched their own coin named as Binance coin (BNB) with a market cap of above $1,457,538,921 USD which is equal to the 171,000 BTC. If you use Binance coin while trading so you will be also charge with only 0.002% charge fee.
How to Set Up Binance account.
If you want to set up your Binance accounts so, sign up at https:www.binance.com fill the required data and also verify it with your phone and email authentication to make it more secures. and if you have a portfolio above 2 BTC so you will first verify your account with your documents and picture. They also have their referral program so if some one join it through your referral link so you will also get bonus on their every trade.
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