Binance has been my favorite exchange for a long time and it just got way better!

If your not using this exchange, I'm going to tell you a why you should, and also give you my referral code here.

It started out as my favorite due to their very low trading fees and the fact you can reduce those fees even less by using there BNB coin to pay your trading fees. This means when you use the BNB coins to pay your fees they are 0.05%.

I also loved the option of coins and the selection of ETH trading pairs they have. This was one of the first places I was able to trade for EOS. They also have the only ETH/STEEM trading pair, and I prefer to use ETH over BTC when I am sending between exchanges and wallets, or for parking a bit of crypto.

Sign Up

I love the fact that the only thing they know about me is my email address, there was no additional information needed to create the account and sign up. They do have a verification process but it is not mandatory, but will increase your 24hr withdraw limit from 2 BTC to 100 BTC. For me 2 BTC is more than enough of a 24hr limit.

Referral Program

This program is a nice bonus really, I don't think it's going to make anyone rich. For everyone you refer you will receive 20% of the trading fees they pay as a commission. This program also had one huge problem, they were paying you in whatever coin your referee was paying there fees in. Which meant you have a bunch of worthless dust that wasn't enough to trade on the exchange for anything.

New Changes

This is where the exciting new change comes in. You now have the option to exchange all these small balances to BNB coins with one click of a button.

So any balances you hold worth less than 0.001 BTC, which were previously untradable can now be converted instantly to BNB.

You can see above I had 14 small balances from referrals, They have been sitting there for a while mostly just annoying me, it never really had a lot of value, but now I can finally get it all clean up, and have a few BNB coins that really just means some free trades. I like anything free and it does all add up. This dust I converted tonight was worth about $2.60.

There's my exciting review and details about there new feature, if your still not using Binance, I do suggest checking it out. And once again here is my referral code.

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