Binance is currently the leading blockchain ecosystem in the world. The Binance platform is trusted by millions of users around the world. It offers a wide range of unique financial products, including the world's largest digital asset exchange:
- Binance Exchange is the world's largest cryptocurrency exchange in terms of trading volume.
- Binance Labs is a venture fund and accelerator created to find and support Web3 projects.
- Binance Research is a system that provides institutional-level analysis, in-depth analytics and objective information for all participants in the crypto industry.
- Binance Academy is a learning platform that provides free training in the field of blockchain and cryptocurrencies in more than 10 languages. The platform is publicly available.Binance Charity is a non—profit organization working on Web3 technologies.
- Binance NFT is the official Binance NFT marketplace that improves user interaction with NFT.
- Binance Feed is a news platform where all the latest news is published in Web3, contains content from cryptocurrency experts, crypto enthusiasts and the media.
Binance is the leading blockchain ecosystem, which includes: Binance exchange, Labs, Launchpad, Academy, Research, Trust Wallet, Charity, NFT and many other platforms.
The founder of the company Changpeng Zhao (Changpeng Zhao or CZ) launched Binance in July 2017, is an expert in the field of blockchain. Co-founder Yi He is responsible for the business, marketing and strategy of the Binance brand. The company was founded in China, but later moved to Taiwan.
Advantages and features of Binance
- There is a p2p platform.
- There is a wallet.
- The possibility of replenishment with both fiat currencies and cryptocurrencies.
- The possibility of withdrawal to fiat.
- Withdrawal limits are higher than those of competitors.
- The trading platform has a wide functionality.
- Margin trading using leverage.
- Bitcoin futures trading services are provided.
- A large number of assets available for trading on the platform, derivative trading.
- The ability to store tokens on a specialized Trust Wallet.
- Loans secured by tokens are available.
- A lot of additional functionality, financial products.
Registration and verification on Binance
To register an account on the exchange, the Binance must be entered:
- Email address or phone number.
- Password.
- For potential clients of the crypto exchange who register by invitation, you need to specify the referral ID.
Confirm your account using a link from an e-mail or SMS. The account must be protected. To do this, in the "Security" tab, select one of the 6 proposed identification options.
A registered trader in his personal account gets access to replenishment of the balance, minimum daily withdrawal of funds and trading on the spot market.
To get full access to the Binance cryptocurrency exchange, it is necessary to pass the verification of the trading account.
For verification, it is necessary to provide personal data, scans of the identity document (ID card, passport). Multi-level verification: "basic", "extended" and "corporate" verifications. After passing each level, the limit on the withdrawal of fiat and cryptocurrencies increases, access to the functionality of a centralized exchange expands. For the "basic" verification, a scan of the identity document is required. For the "extended" - a document confirming the address of residence, for example, a certificate-an invoice for the payment of housing and communal services.
Trading conditions and comissions
The commission system is stepwise and depends on the traded volumes. The larger the trader's trading turnover, the lower the commission.
With a trading volume of up to 50 BTC per month, the commission is 0.1%, the same for takers and makers.
A 25% discount is provided:
- in the presence of BNB tokens;
- if the trader has referrals.
There are 9 VIP levels with commissions
- Maker from 0.0120% to 0.0900%
- Taker from 0.0240% to 0.1000%
Commission for account replenishment:
- bank card 3.3%
- EPS AdvCash, Payeer without commission