Digital finance is facing some major transformations. Leading this move is a company almost all has at least heard of, Binance. Binance is the world’s leading online exchange platform for crypto users. They offer crypto to crypto trading on more than 500 cryptocurrencies and virtual tokens, including Ether (Eth), Dogecoin (DOGE), Bitcoin (BTC), Litecoin (LTC) and their very own token, the Binance coin (BNB).
From the get go, Binance has remained committed to protecting user funds. So as part of the first steps of registration, users are mandated to complete a compulsory “Know Your Clients” requirement before they can commence trading.
The platform offers services around trading, investment advice, fundraising, listing and delisting or withdrawal of cryptocurrency. Crypto wallets are provided for traders and fees are not charged for any deposits to these wallets. However, withdrawals come with a transaction fee.
As a company with strong consideration for the future, Binance introduced the Initial Coin Offerings (ICOs) to enable traders inclined to launching their own tokens raise funding.
In addition, the platform offers a myriad of other services and tools which includes the following;
Binance Visa Card: This is a credit card that enables users convert their cryptocurrency to fiat currencies used to purchase products and services
Binance Smart Pool: This enables miners to switch between different cryptocurrencies to enhance and improve their income
Binance Labs: A platform that empowers deserving cryptocurrency project teams
Binance Earn: This is a platform for staking and earning interest by depositing stable coins with the exchange.
Indeed, Binance is dedicated to improving the future of exchange within the crypto market. You can visit Binance’s official website to learn more about them and their many future plans, on Binance.com
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