Binance just completed its successful ICO and is going to open for business in less than 9 days from now. Below is the summary of what you need to know about Binance Crypto Exchange.
1 Coin to coin exchange only.
2 Bitcoin(BTC), Ethereum(ETH), Antshares(NEO/ANS), Litecoin(LTC) Binance(BNB) will be traded .
3 Binance will be the worlds fastest exchange platform with matching order speed up to 1.4 million orders per second which is far beyond any platform currently.
4 Binance is the world's first multi-language exchange platform. English , Chinese, Japanese and Korean (according to their white paper) and other languages will be added later.
5 Onchain CEO/ AntShares Founder Da Hongfei is a key investor/advisor for Binance
6 Exchange services including spot trading, margin trading, futures, anonymous instant exchange, Decentralized(on-chain) exchange
7 Fees....
Exchange Fee - Binance initially will charge a 0.2% fixed fee per trade. Other
variations will be subsequently introduced, including
maker-taker, volumed based tiering and 0 fee promotions.
We have no plan to charge above 0.2%.
Withdrawal Fee - Binance may charge a small fee for withdrawals.
Listing Fee - Binance will select innovative coins and other assets to be
listed on the exchange, there may be a fee associated with
those listings.
Margin Fee - If you trade on margin, there may be a fee or interest on the
borrowed amount.
Other Fees -There may be other fees the platform may collect for various
services such as automated algorithmic order etc.
*Note - Binance will be the second exchange in the world trading BTC-ANS (Antshares/NEO) besides Bittrex Exchange.
Will update this post when more information available. Please feel free to correct or add more details in comment section.
Antshares(NEO) Facebook group https://www.facebook.com/groups/NEO.Antshares/
Binance Exchange link https://www.binance.com/en.html#top
nice idea
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Thanks for sharing. I agree with you. Binance is become top 5 Crypto exchange already this month. I bought BNB , NEO , POWR ,OMG @ Binance Exchange also. So far very good. Love it !They have a tons of promising coin to trade. binance.com I think it ‘s better than bittrex and Poloniex
I research about Binance Exchange before i trade here. New trader should read this Binance Review Good Luck!!!
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For anyone needing a Binance referral link in order to join while public registration is closed: https://www.binance.com/?ref=16937568
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How does the exchange compare to BitShares? https://twitter.com/bitshares/status/881048117751160832
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Disclaimer: I am just a bot trying to be helpful.
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Wow. Did not know this.
Why so many BitShares transactions? Obviously nowhere near the amount of money is being transferred, but why is it transferred so often? Fees? I need to look into BitShares further it seems!
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