Binance is one of the main trading platforms; Binance is a crypto trading platform that offers one of the most competitive rates. Whether you are a beginner or an experienced trader in search of crypto, which is probably the easiest and cheapest way to do it. The platform accepts users from all over the world and has received good critics from the Crypto community. Recently, the exchange has also established a partnership with third-party companies such as Simplex to allow the purchase of Crypto-currency credit card credit and bank transfer at a premium price.
1. Binance Review
Binance is an exchange based in Hong Kong Crypto-Currency, after a struggle with the opinion of the Chinese government of Crypto currencies, Binance is now running its servers from a more clement state, giving it the freedom of ‘Execute competitive foreign exchange services:
2. Binance Services
The Binance exchange allows users to exchange Fiat for Bitcoin or other parts. But is Binance secure?
There are many ways you can buy on Crypto Binance:
- P2P Trading
A very neat feature, Binance offers a peer-to-peer exchange service (P2P), which connects buyers and sellers directly to crypto-currency. It facilitates fiduciary payments, with different payment options based on the user’s preferences.
- Credit/debit cards:
Binance recently entered into a partnership with Simplex to provide intermediate services by credit card and debit. This service allows you to buy 31 different crypto currencies with a credit card. However, the service is at a premium that can cost as high as 3.5% for purchases in USD. SEPA / Bank transfer
Thanks to Integrations with additional third-party suppliers, Binance now allows its users to buy crypto directly with FIAT using SEPA and bank transfer. This option is very interesting because SEPA wire deposits and do not require a transaction fee at all. But the disadvantage, although this method of payment is available for certain Fiat options such as the Euro, CAD, and AUD, it is available for US dollar deposits. Finally, brave, a browser integrates the private life Binance Widget for commerce in the browser. Widgets allow users to buy and commerce by Crypto Binance, as well as visualize and manage their crypto portfolio.
- Binance Financing
The latest additions to Binance services are its financing options:
Binance Savings
Savings allows users to make idle refunds, “flexible” or “locked” account types. Flexible savings accounts are gaining change in interest rates, while capital savings accounts pay higher interest on term deposits. Stake.
Binance also provides a staking service, which allows users to obtain a performance on proof of participation and decentralized financing parts (DEFI), without the need for technical knowledge for the stakes themselves. Similar to savings accounts, staking services are available in flexible and locked options.
- Smart Binance Pool
The intelligent pool binance allows minors to contribute to a mining group that divides more rewards. The hash power is automatically transferred to the most profitable to exploit crypto money at any time, offering users hands-free optimization.
- Binance Visa Card
The Visa Binance card allows users to spend their assets in places that crypto-currency agrees that the fiduciary currency by credit or debit card. Behind the scenes, your Crypto assets will be converted to Fiat when you make a purchase (without charge), so you should not hold Fiat.
- Crypto loans
Binance offers loans to users in the form of BUSD and USDT, supported by BTC or EPF. This provides an easy way to win Stablecoins while maintaining exposure to your assets and avoiding taxable crypto-currency events of the crypto sale.
Binance Liquid Swaps
Liquid Binance Swap is an automated Market Maker (AMM) platform, similar to UNISWAP. Users can exchange coins on liquid swaps with minimal slip, or provide their liquidity in exchange for a fee. The main difference between liquid binance swap and UNISWAP is that liquid swap is centralized.
The post A review of the services of Binance appeared first on Incredible Planet.
