Binance Exchange?

[Sadyshagg]

Binance should have become decentralized before anything else.
Soon Huobi may be a better choice.
The question is: will decentralization make Huobi immune to Chinese and any other potential sovereign legislation, persecution and dictates?

[onrise]

Binance is now more popular than Bittrex bcoz of its strategy in last 7-8 months .
Regarding KYC Verification , they do not need it but you have a limit of withdrawal in 24 hours . but in future bcoz of daily new regulation it may require your KYC documents so be prepared for it .
They have moved from HongKong or japan to Malta bcoz of new regulations and strictness by japan govt . Malta Government is crypto friendly and many projects moving their office to that country .

Binance has being one of top exchanges worldwide in a short span of time. In between their was a issue due to which for couple fo days the site was down as some of the btc was scammed but everything was taken care and they where back and now running as smooth as before. Only thing that the coin is limited on the exchange unlike the other exchanges.

[LaLegiste]

Nice move from Binance to support EOS blockchain airdrops. All EOS holders will get IQ, DAC and EON tokens, though they will be available only for withdrawal, not for trading.

[kontarz]

I have an account on bittrex and coinbase.  I have not traded at all though.  There are also other exchanges like gemini but thesse seem to be only btc and eth.


I'm talking about exchanges similar to bittrex.


Can someone tell me how is binance?  Do you need to send in verification documents fire before you can trade there?  You can create an account and i assume everyone here uses their real name right?  I use my real name with bittrex and sent in my documents and got enhanced verified.


With binance, do they require verification?  If not, how much btc can you send/withdraw there?  But with verification, is it like bittrex?


Also i see its located in shanghai or hong kong.  Does that mean no country is restricted from using binanace?


Also how are the fees and withdraw fees?  I read that the fees are the lowest of them all?  Also i notice a big difference.  The buy/sell of btc is like 200 dollars higher on binance as oppose to bittrex.  And coins like power ledger cost like 1 cent less on binance as oppose to bittrex.  So does that mean using binance is better than bittrex?


As for exchanges, are these the top 2 exchanges when you talk about altcoins?

Personally, I think binance is the best choise for exchange now. It's very simple to use, and buy or sell orders is fast and simple. And the best of it , they have very good support, quicky response.

[ajiejot]

For me, Binance is really the best exchange for now, it has also mobile version and most of their coins are quality, they don't adding random coins on their exchange, they are first researching the quality of coins, thats what I love about Binance. I transferred all my coins from bittrex to Binance. Binance team is really active and smart. I know Binance is one of the major exchange right now.

[quality.crypto]

Nice move from Binance to support EOS blockchain airdrops. All EOS holders will get IQ, DAC and EON tokens, though they will be available only for withdrawal, not for trading.

Yes, but we don't see any importance about those coins because EOS has huge potential but the Airdrops we are getting won't be potential.
Previously we have seen many coins like this never get any importance and value to the Airdrops.

[tinyteapot]

Binance is a very good exchange, it is safe, secure, fast and reliable. It has also mobile version and most of their coins are potential coin and they take their time before to do a deep research about a coin before putting it on their exchange list.

[goyal.dkg]

Yes Binance is similar to Bittrex and now even more popular than Bittrex . No need of documents ,
you can open account there without kyc but there will be a daily withdrawal limit .
Binance have moved to Malta so not to worry at all about restriction .
price difference is not that much on binance , withdrawal fee is still among highest fees charged by exchanges .

[DonTsTop]

Binance is a very good exchange and has better potentials and features than the bittrex because it is faster in processing transactions, safe and more reliable.

[tampz]

Yes Binance is similar to Bittrex and now even more popular than Bittrex . No need of documents ,
you can open account there without kyc but there will be a daily withdrawal limit .
Binance have moved to Malta so not to worry at all about restriction .
price difference is not that much on binance , withdrawal fee is still among highest fees charged by exchanges .

and how much is the fee on the binance? I want to move there, because I do not see other normal exchanges. The same bittrex has already outlived itself.

[Bacchu]

Yes Binance is similar to Bittrex and now even more popular than Bittrex . No need of documents ,
you can open account there without kyc but there will be a daily withdrawal limit .
Binance have moved to Malta so not to worry at all about restriction .
price difference is not that much on binance , withdrawal fee is still among highest fees charged by exchanges .

and how much is the fee on the binance? I want to move there, because I do not see other normal exchanges. The same bittrex has already outlived itself.

0.1% trading fee and if you hold BNB in your wallet you can  decreased 50% trading fee.for full details check https://support.binance.com/hc/en-us/articles/115000583311
and here is the fee for withdraw https://www.binance.com/fees.html

[onebtcforlife]

Nice move from Binance to support EOS blockchain airdrops. All EOS holders will get IQ, DAC and EON tokens, though they will be available only for withdrawal, not for trading.

Yes, they clearly mentioned about it, they won't list IQ, DAC and EON coin in Binance. But for listing in Binance those companies should satisfy the criteria of Binance listing requirements.

[tampz]

Yes Binance is similar to Bittrex and now even more popular than Bittrex . No need of documents ,
you can open account there without kyc but there will be a daily withdrawal limit .
Binance have moved to Malta so not to worry at all about restriction .
price difference is not that much on binance , withdrawal fee is still among highest fees charged by exchanges .

and how much is the fee on the binance? I want to move there, because I do not see other normal exchanges. The same bittrex has already outlived itself.

0.1% trading fee and if you hold BNB in your wallet you can  decreased 50% trading fee.for full details check https://support.binance.com/hc/en-us/articles/115000583311
and here is the fee for withdraw https://www.binance.com/fees.html

This is still a normal commission percentage. Happens and more. I probably buy their tokens, and go there to trade.

[h0lybyte]

Yeah Binance needs id verification for higher volume traders but you can trade upto 2 BTC each 24 hours even without being id verified.
Instead of binamce, ypu can also use livecoin.net for ypur assets trade. They initially allow you to trade instantly after verifying email address

[a31078]

Binance is now more popular than Bittrex bcoz of its strategy in last 7-8 months .
Regarding KYC Verification , they do not need it but you have a limit of withdrawal in 24 hours . but in future bcoz of daily new regulation it may require your KYC documents so be prepared for it .
They have moved from HongKong or japan to Malta bcoz of new regulations and strictness by japan govt . Malta Government is crypto friendly and many projects moving their office to that country .

Binance has being one of top exchanges worldwide in a short span of time. In between their was a issue due to which for couple fo days the site was down as some of the btc was scammed but everything was taken care and they where back and now running as smooth as before. Only thing that the coin is limited on the exchange unlike the other exchanges.

This is a very good suggestion about he potentials and quality of binance, it is also safe, secure and has a very good transaction fee. They also take time to do a very good research about a coin before the add it on their exchange.

[ultrloa]

Binance is now more popular than Bittrex bcoz of its strategy in last 7-8 months .
Regarding KYC Verification , they do not need it but you have a limit of withdrawal in 24 hours . but in future bcoz of daily new regulation it may require your KYC documents so be prepared for it .
They have moved from HongKong or japan to Malta bcoz of new regulations and strictness by japan govt . Malta Government is crypto friendly and many projects moving their office to that country .

Binance has being one of top exchanges worldwide in a short span of time. In between their was a issue due to which for couple fo days the site was down as some of the btc was scammed but everything was taken care and they where back and now running as smooth as before. Only thing that the coin is limited on the exchange unlike the other exchanges.

This is a very good suggestion about he potentials and quality of binance, it is also safe, secure and has a very good transaction fee. They also take time to do a very good research about a coin before the add it on their exchange.

They are provably safe regarding on alt selection but let us be more educated on the market flaws since eventhough how huge is the potential of your hodl coin still it has huge possibilities to get dump just like what happen today market crisis dictates on the movement and many investors turns out to be confuse for this situation and this one could confuse you also.

[teamcrpt]

Binance is a perfect exchange. Very easy to set up account. Deposit and withdrawals almost instantaneous. One the biggest exchanges -it virtually has all the coins on the market.

[NexoFinance]

Nexo (https://nexo.io) now accepts Binance Coin (BNB) as collateral for instant loans in addition to BTC, ETH & NEXO, a great utility feature for BNB, as holders can stake their coins & get an instant loan in USD, EUR & Tether. Min loan is $1,000 and max is $2M - https://medium.com/nexo/nexo-to-accept-binance-coin-bnb-as-collateral-for-instant-crypto-backed-loans-74bb2fe1cfba

[lecongchi18091991]

I have account on the binance, i think you should KYC because, this is need for your account.

[Kubit]

Binance is a good exchange. Well, there are some attacks here and there.
https://hackernoon.com/a-thorough-investigation-of-the-binance-hack-dc588cd0c2f5