Binance cryptocurrency exchange is a very popular and rapidly growing trading platform.
They are ranked as one of the most popular trading platforms worldwide for buying, selling and for crypto trading.
Binance is also by far considered to be one of the best options in the market, especially for crypto-to-crypto trading. Crypto-to-crypto means that you would already need to hold one of the main cryptos or altcoins such as Bitcoin or Ether, which you would then transfer to Binance so you can start buying other cryptocurrencies with those funds.
In addition to funding your exchange account on a crypto-to-crypto basis, Binance cryptocurrency exchange also offer the option of traders funding their accounts with credit/debit cards. This is carried out by a third party merchant that accepts credit/debit card deposits.
However, if you choose the fiat-to-crypto option, you will need to undergo
additional, enhanced KYC (know your customer) verification, which is carried out by their third party verifiers.
Binance has an excellent wide ranging selection of cryptocurrency assets, including Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH) and numerous other altcoins, tokens, etc.,
What I like about Binance is that their fees are extremely low - perhaps the lowest in the space, especially if you choose to hold their native BNB token and use these to buy your altcoins, other cryptocurrencies or to trade.
The crypto exchange has a very interactive role in the wider crypto community and their support, information and updates to their community members is second to none.
If there is one criticism I have of Binance cryptocurrency exchange, it is that their trading platform and interface is not as user-friendly to new investors just starting out. Their platform can appear a bit intimidating and overwhelming even for more experienced crypto investors.
However, once you get adjusted and understand their layout, you will not find a better, trusted cryptocurrency exchange in our opinion. And, for this reason, Binance exchange is by far our number one, preferred platform.
Why not visit Binance and take a look around their site.
Next: Cex.io Cryptocurrency Exchange
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