Binance: Why you should trade on Binance?

Binance: Why you should trade on Binance?

Binance is one of the fastest growing crypto exchanges in the world, with gigantic market volume. They won over millions of customers, with exceptional product and customer support service when most exchanges were going through tough times.

Binance is well-known for its crypto-to-crypto trading. It is a new exchange and has already become popular among traders, looking to trade in different coins. The growth has been massive and it is already in the top 20’s by volume.

Binance Coin (BNB) is the original token of the Binance Exchange. It offers all the users an advanced variety of features and was used, to fund the creation of the exchange itself through an ICO. Binance coin,

• Offers discounts while you pay Binance fees
• Can be traded on Binance for other coins as well

Should I buy Binance Coin?

If you a regular Binance user and want, to make large trades or withdrawals, it is worth stocking up. But you should remember that the discounts will shrink over time, and the coin will become almost useless before it’s all brought back.

Binance Save a lot of money

The most interesting factor, with binance is that, it costs low in transaction fees. Low trading fees are important for any exchange platform to, grow. In this position, Binance, is very competitive and only charges 0.1% fee for each trade. Moreover, a discount of 50% is given to every user who uses their BNB token for trading. The discount is huge and it brings down the overall trading fees to just 0.05% which is one of the lowest transaction fees, in the entire exchange ecosystem.

Binance is popular

Currently, Binance coin is used by traders, to reduce transaction fees, with millions of users using this exchange worldwide.

Additionally, Binance will use 20% of its profits, to buy back Binance Coin and permanently destroy them. So the total supply of these tokens will come down. The buyback is set to happen this weekend and usually, there’s a price jump when this happens.

Binance is the first-class exchange out there in the crypto market. Last month, they announced that they would be launching a decentralised exchange to prevent malicious activities. Decentralised exchanges are the future of Cryptocurrency.

Binance has enough money, talent and technology to get a decentralised exchange right if they have to. We are energetic for Binance Coin, to perform well in the long term.

Binance customer support

Binance Customer Support 1-800-509-3075 is quick in providing reliable outcomes to the problems faced by Binance users. This platform is designed so that whatever are the concerns, with Binance, customers can get it resolved. The customer support executives are all time available, to provide exact solutions to the problems.