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Binance Review: The Binance Exchange Under Test - Experience Report
Cryptocurrencies are the gold of today. Because of them, so many have become millionaires and billionaires in no time at all . It's no wonder that more and more people are excited about cryptocurrencies and are buying like crazy. However, it is difficult for those who are not yet so well versed to get into business properly.

Binance is a platform where you can easily buy, sell and trade cryptocurrencies . The journey into the world of cryptocurrencies has started for many. If Binance is serious and safe , I'll go into that.

Binary Finances
Binance stands for Binary Finances or in German - binary finances. In the truest sense of the word, because it is an online exchange, where you can exchange the digital crypto currencies.

CEO and founder of the company is the Chinese Changpeng Zhao, which Binance launched in mid-July 2017. But you should not be put off by the short running time, because Binance is definitely not to be underestimated .

At number 1 the crypto stock exchanges from the trading volume of the last 24 hours!
Within a short time, the trading platform was in the top 10, on most cryptanalysis sites. On Coinmarketcap, Binance is currently ranked # 1 in terms of trading volume over the last 24 hours. At Binance, this is a remarkable $ 9,455,404,325. More than twice as strong as the strongest competitors Bithumb, Bittrex and Bitfinex.

The website is available in many languages, including Japanese, Chinese and many more in the future in addition to German, Spanish, French and English. With locations in Tokyo, Hong Kong, Shanghai, Europe and America, that's what it wants to be.

Millions of active users trade from more than 180 different countries.

Currently the site is able to handle up to 1,400,000 transactions per second!
Incidentally, there is also a proprietary crypto currency, the Binance Coin, short BNB.

Conferences and other activities take place all over the world. Recently in Monaco, where you could win, for example, a Lamborghini .

The functioning
Theoretically, everything just happens here. You buy and sell cryptocurrencies. The portal serves as a premature warehouse. At any time you can pay your own cryptocurrencies or pay to transfer them to the personal wallet . Unfortunately, there is only the problem that you can not pay directly in euros, since Binance is completely decentralized and built only on cryptocurrencies. You have to buy other currencies on sites like Bitcoin.de , Coinbase or CoinPayments and then transfer them to Binance.

Under the category funds, one finds the possibility to deposit and pay out currencies. There you will find listed all own possessions.

More information about Binance!

Which cryptocurrencies does Binance support?
Of course, Binance, as one of the leading marketplaces, must offer a wide variety of currencies . For trading, you can not only use the in-house BNB and the well-known Coins such as Bitcoin, Ethereum, Ripple and Litecoin, but really everything from AdEx to OmiseGO to ZRX.

With hundreds of cryptocurrencies, Binance has just about everything there is to offer!
The security and the service
To use the site you do not need any great verifications, as you know it from other dealers. You can almost completely remain anonymous .

It is not yet necessary to give his ID and address, if a payout limit of 2 Bitcoin per day should be sufficient. Whether that's good or bad, everyone has to know for themselves. But I think it's good, because that's how your own identity is preserved.

There is also Google's two-factor authentication. This requires a unique Google code every time you log in, which changes every 10 seconds. A very good feature to ensure the security of the account .

Should something go wrong, there is also a service hotline in English and Chinese available 24/7 throughout the year.

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The trading place
Under the category Stock Exchange you will find the marketplace. Here you can buy, sell and watch the courses .

The fields for buy and sell are right next to each other. You simply choose the appropriate currencies. You can also buy or sell with a limit, should the price below the desired limit is automatically purchased and should the price exceed the limit is sold automatically.

Next to it is a list of all current transactions concerning the same cryptocurrency. This list is updated every second and helps to get an overall impression of the current market.

The BNB
The Binance Coin is Binance's own coin. This was created with the founding of the company.

It is based on an Ethereum Blockchain and has a maximum coin volume of 200,000,000. In recent weeks, he has risen massively and currently holds on Coinmarketcap rank 33th

The big success comes from the fact that Binance uses the BNB as a base.

Every member trading with BNB currently only pays 50% of the trading fees!
This is one of the reasons why many trade with it, thus giving the BNB a big boost.

More information about Binance!

The costs
The account itself is free . Costs are only incurred when you trade . But here too, the fees are relatively low .

For each transaction, Binance is entitled to 0.1% of the total volume. However, if you use the BNB that is halved to 0.05%. If you want to pay off, each coin costs a different amount. Bitcoin, for example, costs 0.001 BTC on each withdrawal, but this is due to the current transaction fee. BNB costs one coin for every payout.

But there are also cryptocurrencies with free disbursement, for example Neo or gas. The exact list of all currencies can be found in the Charges category at the bottom of the site.

The affiliate program
Affiliate marketing is a proven system where you get bonuses for bringing new customers to the business. Many new companies use this method because it pays off not only for themselves, but for every customer as well . In this case, there is a premium of 50% of the trading fees.

Every time someone who signs up via their own link makes a trade, you get 0.05% of it yourself. Of course, this does not depend on the person, but on the profit made by Binance. A great way to make some extra profit or at least to cover your own trading and payout costs again.

The number one rank has since earned nearly 77 bitcoins, solely through this program. That currently equates to more than one million euros. Since Binance supports many alternative coins, you can enroll your friends via the link. Not just to earn money on the largest coin exchange, but to secure exotic coins that are not on the screen yet and where the insider information is good.

Danger

If you register via my link, I invite you as a thank you to my Whatsapp Binance Community! There you will find a lot of insider information about different coins, very good tips with inventory and you can talk to the community about relevant things and make new friends. That's my way to thank you. So we both earn more money!

My Binance Experience - Is Binance Safe?
Out of interest and enthusiasm, I trade a lot with cryptocurrencies. I've already tried some ex changer and think Binance is best.

Not only the low costs , but also the marketing program and above all the own Coin BNB inspire me a lot. So far I have been able to work with Binance without any problems.

The deposit and withdrawal takes place within a few minutes. I trust in Binance and am very happy to be able to work so well with it. In addition, I only use the Binance coin to swap, as this promises not only cheaper fees, but is also on a very good course.

Binance Review - Best crypto exchange?
Binance is a premier cryptocurrency exchange. With a sophisticated marketing strategy, it's no wonder that Binance has become # 1 in terms of trading volume and success in no time .

Beginners and professionals, both get their money's worth here. You can not only make trades but also make profits with affiliate marketing. There is also a unique opportunity to trade with BNB and take full advantage of the rapidly increasing value.

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All this offers the completely decentralized Binance and for that reason I can recommend it with a clear conscience!

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More information about Binance!
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As usual in business:
100% security does not exist on an investment! There is never in the investment area! No real estate, no stock! It can come sooner or later to a total loss. Here are just my personal experiences, positive as well as negative.

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