Binance
| Exchange Name | Binance |
|---|---|
| Volume (24H) | $14,327,415,206.56 155,810.68 BTC |
| Country | Cayman Islands |
| Established Year | 2017 |
| Website | https://www.binance.com/ |
| https://twitter.com/binance | |
| https://www.reddit.com/r/binance... | |
| https://www.facebook.com/binance... |
Understanding the Binance Exchange
The Binance exchange has some of the lowest transaction fees of all cryptocurrency exchanges because it specializes in crypto-to-crypto trading (trading between two different cryptocurrencies). When paying using the native BNB cryptocurrency tokens, consumers receive special savings.
"Bitcoin" and "finance" are combined to form the term "Binance." According to the company, it offers high levels of safety and security, as well as high processing throughput, with a multi-tier and multi-clustered design. More than 500 cryptocurrencies may be traded, including bitcoin, ethereum, litecoin, and the platform's own native BNB tokens.
Trading on Binance
Binance, like other crypto exchanges, provides services related to cryptocurrency trading, listing, fundraising, and delisting or withdrawal. Binance may be used by cryptocurrency enthusiasts who want to raise money through initial coin offerings by launching their own coins (ICOs). Numerous users exchange and invest in various cryptocurrencies using Binance. Binance is utilized by many people.
Users must satisfy KYC requirements before trading may begin. After successfully creating a trading account, users may deposit cryptocurrency funds into their Binance public wallet address and begin trading.
Orders can be placed on the Binance exchange in one of three ways: limit, market, or stop-limit. Limit orders may only be executed if the trader specifies a price limit on them. Orders placed on the market are filled promptly at the best available market price. Once the price exceeds the stop limit, the order becomes legitimate.
Binance Prices
| # | Currency | Pair | Price | Volume (24h) | Updated | Trust Score |
|---|
