Binance Review 2018: Comprehensive Crypto Coin Exchange
Binance is a Chinese cryptocurrency exchange. Binance was created after attracting funds via an ICO (Initial Coin Offering – creating a new digital asset, backed by the project. Changpeng Zhao, former CTO at OKCoin is currently at the helm of Binance. They are known for fast processing speeds coupled with an ability to process enormous numbers of transactions (1.4 million) each second. It’s been quickly gaining ground in market share cementing a place as a top 20 exchange in terms of volume.
Binance transaction has reached a new level and currently score tenth place in the world. Binance offers a generous daily withdrawal limit. They don’t need identity confirmation when the per day remittance is within limit of 2 BTC.
Binance Features
Binance’s trading platform is web-based. Furthermore it offers two distinct trading layouts, a more simple one and a “Pro” version.
Their ICO has created tokens named BNB that are traded on the exchange. They can also be used as a method of paying your trading fees, which will reduce them by 50%. Binance offers their own startup incubator platform as well. The trading functionality of the platform was of more interest so we focused on that for the purposes of this Binance review.
Below is the “standard platform” look:
Below is the advanced display:
BINANCE Advantages
Large Cryptocurrency Pairings Supported
The competitive advantage of Binance’s platform is the ability to trade every major cryptocurrency pairing in existence. Coinbase and Gemini only offer trading of a handful of the larger market capitalization cryptos, whereas Binance allows users access to trade over 100 crypto coins.
Low Fees AND LIMITS
The fee structure is simple as well as being priced. There is a flat 0.10% fee on all trading. The 0.10% fee on trades is one basis point. If you were to buy a cryptocoin at 100 you’d have to sell it higher for 101 to profit.
Ease of Setup
Setting up an account is straight forward, similar to signing up for an account with other service providers. Another advantage is there is no lengthy waiting time, users are able to get setup and running within minutes. This is due to the fact that fiat is not accepted on the exchange.
Binance Provides Significant Trading Volume
Binance is currently the third largest exchange by cryptocurrency trading volume, according to coinmarketcap. At the time of writing, Binance’s volume was an astounding $5,441,711,452 in the last 24 hours! This volume demonstrates their users clear trust in the exchange, as well as the accessibility of the exchange and ease of transacting. This type of volume requires substantial servers and computational power.
Wide Support of Cryptocurrencies
No Verification Requirements
Binance doesn’t require identity confirmation in instances when the per day remittance is within the limit of 2 BTC. The attractiveness of setting up an account with Binance may be greater for a user in a jurisdiction where certain exchanges choose not to allow new users because of restrictions imposed by that location’s governing regulatory bodies.
Ease of Use
You’re able to buy and sell crypto pairings with market or limit orders while specifying the amount or percentage you wish to trade for each transaction.
BINANCE Disadvantages
No Leveraged Margin Trading
Margin trading is not available at Binance. Margin trading is a system which allows you to trade with more money than you actually have in your account. Your balance is then used as a guarantee to maintain your position open.
No Fiat Functionality
This has both advantages and disadvantages. Government fiat deposits are not currently enabled in Binance, instead this exchange focuses only on the digital side of things. Clients can deposit and withdraw the coins supported at the exchange. This means that you’re not able to deposit or withdraw in fiat currency, only cryptocurrency is supported.
Relatively New
Binance was started in only July 2017, according to this Reddit post. This is a major concern, as they don’t have a history. Despite all the good things people are saying on Reddit. it’s worth mentioning as many exchanges have come and gone. Binance appears to have a visible co-founder, unlike BTC-E.
Conclusion
Accessible option for obtaining Different Cryptocoins
Binance is the most rapidly-growing and communally praised cryptocurrency exchange available. It’s China based location may spell issues in the future due to rumors of a “crackdown“. that currently accounts for a large amount of volume. Although Binance targets high frequency traders, it is quite useful for those getting beginning with altcoin trading. Their lack of fiat money deposits may be difficult to swallow for beginners, only supported cryptocurrencies may be deposited. Binance boasts a large number of various cryptocoins for trading.
The main benefit is the ability convert between cryptocurrencies. For instance exchanges such as Coinbase and Gemini are more limited in the number of cryptocurrencies offered. The interface is also conducive to support shorter duration hold time day trading of cryptocurrencies if one were so inclined to deploy that strategy. Binance is an exchange worth looking into and integrating into crypto trading just for their large amount of supported crypto coins.
What Is The Latest Mesothelioma Disease Information?
One of the most aggressive cancers of the last century is also the one least known about in the public eye. Mesothelioma disease information was the least talked about, especially when it came to public news about dangers of asbestos. Strides towards ending this cancer were accomplished when the substance that causes it, asbestos, was removed, by law, from many of the same places that workers were exposed to it, like factories and shipyards, and its use in construction became outlawed. It was not until a number of workers in the mines where it was cultivated came down with the cancer than more information was finally released to the public.
What Is Mesothelioma?
Now that the world has learned more Mesothelioma disease information, some basic facts have become known about this very aggressive form of cancer. It is chiefly caused by exposure to asbestos, a naturally occurring mineral mined throughout the Southwest, and the victims most likely to develop it were construction workers, miners, and industrial workers that created the insulation used in construction and other industries.
Mesothelioma disease information also revealed that this cancer is primarily found in the lining of the lungs, heart and abdomen. Pleural Mesothelioma, where the asbestos fibers have lodged themselves within the very liner that allows the lungs their free movement during breathing, is the most common. Pericardial Mesothelioma is more rare, when asbestos fibers have found their way into the pericardium, the membrane around the heart. Peritoneal Mesothelioma, is also rare, and occurs when the asbestos finds its way to the stomach lining.
Symptoms And Treatment
The symptoms associated with Pleural Mesothelioma, the most common form according to Mesothelioma disease information, begins with shortness of breath, an extraordinary buildup of fluid within the lungs, and chronic hoarseness. By the time this cancer is diagnosed, the victim is also experiencing chronic coughing, with blood, muscle weakness and chest pain. Final stages include sensory loss, paralysis and swelling in the face and arms. All too often companies claimed that their workers were affected by it because they also smoked, causing the fibers to be inhaled in that manner, and ineligible for compensation through attorneys and law firms.
The treatment options available for this common form, according to Mesothelioma disease information, will require several surgeries to complete. The first surgery often performed by doctors at clinics and treatment centers is a pleurectomy decortication, removing part of the lung lining in order to remove any tumors. If the tumors continue to appear, a second surgery, a extrapleural pneumonectomy, removing up to one lung, in order to get all of the tumors out of the body.
Laws And Litigation
According to Mesothelioma disease information, because the symptoms are so similar to a host of other diseases, the fact that it is cancer is often found too late for effective treatment. This has led to many lawsuits filed by lawyers against the companies responsible, and to many states creating laws to limit litigation and compensation as a result.
Mesothelioma and the Law
Mesothelioma is one of the most rare forms of cancer and probably one of the deadliest. It strikes when undetected and it shows when it is least expected. Such is the nature of the disease - it progresses throughout the years and shows little if no signs. The symptoms that are usually associated with the disease are coughing, insomnia, weight loss and even pains in the chest and the abdomen - symptoms that are commonly identified with less serious diseases.
Asbestos and asbestos fibers are be so tiny that the helpless victim inhales them, unknowingly. Most companies that deal with asbestos hire healthy, incoming employees, and when these employees leave the company, they might already be scarred. Although this is the case, most people tend to forego legal action - which should not be the case because filing a lawsuit would be the only way that the victim would be able to give himself justice. Mesothelioma legal cases can be lengthy but they do produce results.
Historically, mesothelioma has been diagnosed as early as the 1920's. The big difference then is that, most businessmen respected income more than their employees and that is why information regarding the dreadful effects of asbestos on human health have been suppressed. This is morally and legally wrong. This is the reason why there are major law firms and support groups that like to extend their helping hands by educating the victims and also doing the lawsuits for them.
It is highly advised that as soon as the victim learns that he has mesothelioma cancer, he should not only follow doctor's orders but immediately begin contacting lawyers as well. The lawyers should be able to do the pursuit of the companies that have caused the victim's injury.
One aspect that every patient needs to know is that there are time constraints when it comes to filing the lawsuits. Every state has a varied statue of limitation that will dictate how much time the victim has to file his case, so each patient should know what his state's law says.
One great thing about mesothelioma attorneys is that most of them do not get paid until their client wins the case. And since this is the scenario, these attorneys will do everything that they can to win the case for you. A winning case usually compensates for the patient's continuing medical bills, the anguish that the patient had to go through because of the illness and financial assistance for the patient's family once he succumbs to the illness. The amount usually begins at half a million and it can go up to several millions of dollars.
There are many sources of legal help or information regarding the laws on mesothelioma as well as many support groups that offer legal help; a search online will result in many links to respected organizations.
When the patient is ready to go through two battles (against the disease and against the company that wronged him), then he should know the reality that time is not on his side. Mesothelioma is a very aggressive form of cancer so he should be able to find and hire a legal expert as well as discuss his case with an attorney immediately. The lawyer, in turn, should do everything at a fast but accurate pace. The most important evidence that the patient and the lawyer need to establish is the link of the disease to the hazardous work environment.
It is highly important for patients and their family to have constant information not only about the disease but also the laws surrounding it. After all, the law is there to provide the victim with his rights and to give him justice from any wrongs.
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