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Binance is one of the prime Cryptocurrency exchange platform that has been in operation for a really long while. Entrepreneurs who want to attempt into the Cryptocurrency Exchange business take Binance as a benchmark.
Binance is the most popular crypto exchange platform that permits their buyer and seller to trade from crypto to crypto. In Binance exchange platform, they have million of active users and so many virtual coins to perform trading like Bitcoin, Ethereum, Litecoin and lot more.
Binance is a Cryptocurrency Peer to Peer Trading solution allowing the Users to register and trade Cryptocurrencies with other Users. Binance exchange is the largest crypto exchange by trade volume and one of the fastest crypto exchange in the world. This Peer to Peer exchange script similar to Binance is built using advanced technologies allowing the users to do an exchange/trade between them in a secured way.
A sample process of how to buy Bitcoin (BTC) using Ethereum (ETH). Before trading to BTC, users must deposit the ETH on to the Binance account:
1. Login to the Binance account.
2. User has to choose Exchange – Basic located near the top left of the page.
3. On the right-hand side of the page, the user can see a box filled with cryptocurrencies and their price. Above that box, he can choose any of the markets such as BTC/ETH/BNB/USDT.
4. As mentioned above, the option ETH is selected. To select Bitcoin, user has to search BTC on the search box provided and click on the result ETH/BTC.
5. In the trading graph integrated, user will find the Buy/Sell section with different types of orders (Market, Limit, Stop-Limit).
6. Say, the user has chosen the Market tab.
7. User can either enter the amount of BTC they like to buy or the amount of ETH to trade. Then to click the ‘Buy’ or ‘Sell’ button accordingly.
More than 100 different cryptocurrencies available at Binance. They range from well-known coins such as Ethereum (ETH) and Litecoin (LTC), to smaller coins like CyberMiles (CMT) and ZCoin (XZC).
Another superior feature of this exchange is that when trading crypto-to-crypto, fees are one of the lowest in the industry. Customers are charged 0.1% on every trade. That is, if the user traded 1 ETH, he would only be charged 0.001 ETH.
Regular traders on Binance platform have more chances to win prizes. These prizes change all the time and have so far included free cryptocurrencies, such as Waves (WAVES) and Ontology (ONT).
The reason why many users/crypto companies prefer Binance is, they list new cryptocurrencies once ICO is done for it.
Security is considered very seriously and the users are asked to set up two-factor authentication (2FA) when they register an account. 2FA is an extra level of security that sends a special code to your mobile phone every time you want to log in, trade or withdraw funds.
There are lots of trading happening in this Binance exchange platform to buy, trade and sell cryptocurrencies.
If you are planning to start your own Cryptocurrency platform like Binance.com, you can purchase our solution to build your business. We provide you with the below options for you to get:
The Basic trade platform has a simple layout that is easy to understand. Only important information for making trades is displayed. As know fact that Binance is a professional trading platform, even the Basic trade might seem too complicated for beginners to use. However, it is easy for the users to grasp I it.
The Advanced trade platform gives expert traders access to all the price charts and market data that they need to make complex trades. Advanced options of graphs allows the users to view detailed statistics of the trading. Candlestick bars allows users to view the opening, highest, lowest and closing price of a cryptocurrency over a specific time period.
Binance exchange is the second largest decentralized crypto exchange platform. The Binance exchange platform supports more than 45 cryptocurrencies like Bitcoin,Litecoin, USDT and more.The binance exchange use the discount to the trader when they buy the crypto through native BNB.The Binance exchange offers multiple trading options like:
Now the platform has moved to it next phase by offering Fiat to Crypto trading in international markets. One major reason is, Binance has high trading liquidity.You have the option to customize our Binance script with white label solution. Also, you can list tokens like ERC20, ERC721 and pair with different token.
Disclaimer: We use the term "Binance" for readers to quick understanding purpose only.Our services are not meant to influence any entity.
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