BINANCE: A comprehensive review of the world's largest crypto exchange by trading volume with over 400+ coins & tokens. This tutorial features pros, cons, fees, account features, deposits, withdrawals and coins available on Binance for crypto investing worldwide.
Binance Review 2023 | Largest Crypto Exchange
Hello, I’m Blooming Umoren.👋 In this tutorial, we’re going to review Binance, the world’s largest crypto exchange for beginners, intermediate and advanced crypto traders and investors. Binance ranks has the best crypto trading platform by trading volume, coin selections and the lowest trading fees.
Before we jump into today’s tutorial, if you have any question(s), leave them in the comments section below and I will answer them. Feel free to connect with me on Youtube, Facebook, Instagram or Twitter.
So let’s go straight into today’s tutorial:
Binance Overview:
1. What is Binance?
Binance is the world’s largest crypto exchange platform by trading volume and coin selections. Binance ranks has the best crypto trading platform with the lowest trading fees.
Founded in 2017, Binance is the world’s largest crypto exchanges with over 400+ coins. It supports over 50+ fiat currencies including CAD, USD, EURO, NGN and more. It’s built both for beginners and experienced crypto traders with advanced and robust trading tools and resources for crypto investing and trading.
Binance also offers a maximum trading fee of 0.1% per transaction and is available to customers anywhere in the world. It offers trading platforms for basic, intermediate and advanced traders per your trading experience and preference.
Binance also offers an NFT marketplace to buy and sell non-fungible tokens.
Oftentimes, many ask: what is the best crypto exchange? Binance is the best crypto exchange platform and offers customized offerings for beginners, intermediate and advanced crypto trading. Here’s why:
Binance: Benefits & Pros
Users:
Excellent choice for beginners, intermediate and advanced crypto traders. Binance is suitable for individuals that are new to crypto investing and also for experienced crypto traders.
Binance provides learning resources and tools to educate and guide crypto trading of any experience and level.
🙋 DON’T HAVE A BINANCE ACCOUNT?
💸 SIGN UP HERE
Deposits:
Free crypto deposits and variable deposit fee depending on deposit method e.g. peer-to-peer (p2p), debit card, credit card, bank transfer, wire transfer.
Withdrawals:
Binance offers variable withdrawal fees depending on trading volume, network traffic/congestion etc.
Binance Fees:
Variable trading fees depending on trading volume
Staking Fees:
With Binance, you can stake your several cryptos easily and collect rewards through regular payouts.
Customer Support:
Offers responsive customer service support including email and chat support.
Crypto offered:
Binance offers over 400+ coins including Bitcoin (BTC), Ethereum (ETH), Chainlink (LINK), Aave (AAVE), Uniswap (UNI), Polkadot (DOT), SushiSwap (SUSHI), Dogecoin (DOGE), Polygon (MATIC), Solana (SOL), Cardano (ADA), Enjin Coin (ENJ), Yearn Finance (YFI), Avalanche (AVAX), Ankr (ANKR), Harmony (ONE), Cosmos (ATOM), Gala (GALA), The Sandbox (SAND), Elrond (EGLD), Ren (REN), Chiliz (CHZ), OMG Network (OMG), Fantom (FTM), and many more
How To Fund Your Binance Account?:
Binance offers multiple funding and deposit methods including peer-to-peer transfer, debit card, credit card, wire transfer and crypto.
The easiest way to fund your Binance account is via crypto to crypto deposit. That is, you buy a major crypto such as Bitcoin, Ethereum, USDT, USDC, Dai or other crypto exchange and then transfer it to your Binance wallet.
With that Binance deposit, you can then exchange the crypto for any other crypto of your choice.
▶️ VIDEO: HOW TO DEPOSIT MONEY FROM BANK TO BINANCE
▶️ VIDEO: HOW TO TRANSFER BITCOIN TO BINANCE
Crypto Transfer To Wallet:
Binance supports transfers of your crypto from your Binance wallet to other crypto exchanges platforms or cold wallets such as Ledger Nano X
▶️ VIDEO: HOW TO TRANSFER CARDANO FROM BINANCE TO LEDGER WALLET
As explained in our Crypto Investing for Beginners, it’s essential to move your crypto offline to a cold wallet such as Ledger Nano X and never leave it on any crypto exchange.
To get your Ledger wallet from the official website, click here
SHOP LEDGER NANO X? CLICK HERE
How To Open A Binance Account?:
To get started, sign up here . Once you create your account and fund it, you can buy your crypto of choice.
To open a Binance account, you’ll need to provide these information:
- Name
- Username
- Password
- Phone number
- A valid government issued photo ID e.g. driver’s license, passport, provincial ID card
Once your account registration is complete and verified, you can then fund your account.
▶️ VIDEO: HOW TO OPEN BINANCE ACCOUNT
Binance Referral Code
To sign up, click here
Other Features:
Staking for rewards on coins, crypto-to-crypto trading pairs, robust trading options including limit orders, margin trading, spot trading, recurring buys, fast deposits and withdrawals, responsive customer support, referral program, app compatible across multiple devices, trust wallet, and more.
Summary:
Binance is the world’s largest cryptocurrency exchange and it has the largest selection of crypto coins for beginners, intermediate and advanced crypto users.
Buy over 400+ cryptocurrencies from anywhere in the world. Access to NFT marketplace to buy and sell NFTs as well as Binance staking rewards.
If you’re looking into trading a large selection of cryptocurrencies from anywhere in the world, then Binance is the best crypto exchange platform for that. Access several coins via multiple devices worldwide.
To start investing in crypto with Binance
✅ CLICK HERE TO SIGN UP
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