The many crypto exchange markets available to pro and newbie crypto traders is flush with so many choices, finding the best exchange or trading platform to suit your needs could be quite a challenge, but we’re going to take a comprehensive look at Binance.
As one of the largest Bitcoin and Ethereum trading platforms, Binance has garnered a lot of attention. This review seeks to answer basic questions around Binance and briefly shares the company’s history, how to register, customer support and FAQs, fees, security, and of course the pros and cons of trading on this exchange.
A Brief History of Binance
Binance is a popular cryptocurrency exchange that was launched in 2017 in China and led by the popular Chinese entrepreneur, Changpeng Zhao. It is considered the world’s biggest crypto exchange by adjusted volume.
The company gets its moniker from the combination of two words “Binary” and “Finance”. In 2018, due to tight crypto regulations in China, the exchange moved its headquarters to the Island of Malta in the EU zone.
The exchange is noted for its crypto to crypto exchange services. It also owns its unique token: Binance Coin (BNB).