If you were to buy a cryptocoin at 100 youвЂ™d have to sell it higher for 101 to profit. The 0.10% fee on trades is one basis point. There is a flat 0.10% fee on all trading. The fee structure is simple as well as being priced. Coinbase and Gemini only offer trading of a handful of the larger market capitalization cryptos, whereas Binance allows users access to trade over 100 crypto coins. The competitive advantage of BinanceвЂ™s platform is the ability to trade every major cryptocurrency pairing in existence. The trading functionality of the platform was of more interest so we focused on that for the purposes of this Binance review. Binance offers their own startup incubator platform as well. They can also be used as a method of paying your trading fees, which will reduce them by 50%. Their ICO has created tokens named BNB that are traded on the exchange. Furthermore it offers two distinct trading layouts, a more simple one and a вЂњProвЂќ version. They donвЂ™t need identity confirmation when the per day remittance is within limit of 2 BTC.Д«inanceвЂ™s trading platform is web-based. Binance offers a generous daily withdrawal limit. ItвЂ™s been quickly gaining ground in market share cementing a place as a top 20 exchange in terms of volume.Д«inance transaction has reached a new level and currently score tenth place in the world. They are known for fast processing speeds coupled with an ability to process enormous numbers of transactions (1.4 million) each second. Changpeng Zhao, former CTO at OKCoin is currently at the helm of Binance.

Binance was created after attracting funds via an ICO (Initial Coin Offering вЂ“ creating a new digital asset, backed by the project. Binance Review 2018: Comprehensive Crypto Coin ExchangeД«inance is a Chinese cryptocurrency exchange.

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