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.
How to Get the Guidance of Good Mesothelioma Attorneys
When you are a mesothelioma patient, you may have the law to give you the justice that you deserve. If your condition was caused by neglect, then you might have a case against your employer or the person responsible. To make it through the process, you need the guidance of a good lawyer and mesothelioma attorneys are so many. Their number has been perpetuated by the lucrative cases which fetch so much money that see them get 40% of the total reward. All winnings can be over a million dollars and this is why you need to choose mesothelioma attorneys who are thinking about more than money. There are several tips that will be helpful and it is upon you to read and understand. Then, take the necessary caution, and you will have what you need.
Firstly, you need to know what your rights are and if you have been affected by asbestos, you have the right to a compensation. The major reason for this is because the companies which use asbestos to manufacture products have the knowledge that the substance is harmful and the fact that they kept this information to themselves, gives them a case to answer. Most companies kept this information to maintain their profits and to avoid legal tussles with the workers. Mesothelioma attorneys should therefore have a deeper knowledge and understanding of all that pertains to mesothelioma cases. You should therefore go the extra mile to find out how many cases they have managed to take to trial and how many they have worn. They should back this with evidence so that you avoid lip service. This will go a long way in helping your case stand a better chance of winning.
The other thing you need to know while finding the right mesothelioma attorneys, is whether they intend to refer your case to another law firm or they intend to handle it themselves. You need to deal directly with the mesothelioma attorneys who must not act as middlemen. Other middlemen are not attorneys themselves and you need to be especially careful to find one who will be best for you. You need to consider your location. You do not have to go around the country to find mesothelioma attorneys because the distance might not work for your good. A thorough search through the internet will reveal that in your locality, you have several suitable lawyers.
Trials are very hard to conduct and preparing for them will require several expenses. You therefore need to consider how you will settle all the payments including the attorney's fee. Most situations work on contingency basis where the attorney fees are settled when the case is concluded and won. If the case is not a victory, then the lawyer loses too. The other vital thing you should know about your attorney is whether they are capable of communicating well. They need to give you a summary of what they plan to do to make sure they win the case. Some lawyers are not convincing at all and, it is upon you to judge who is more likely to deliver the facts of the case the best way you see fit.
Mesothelioma Symptoms and Treatment
Mesothelioma is a rare form of cancer that develops in the mesothelium; the protective lining that covers the internal organs of the body. It is usually caused by exposure to asbestos and the most common form of Mesothelioma is pleural, which affects the lungs, but it can also develop in the peritoneum, which lines the abdominal cavity, and the pericardium - the sac that surrounds the heart. In males it can sometimes be found in the tunica vaginalis, which is the sac that surrounds the testis.
While Mesothelioma remains a relatively rare cancer, there are more and more cases being reported by the older generation who may have been exposed to asbestos in industrial working environments in their younger years. The countries with the highest rate of Mesothelioma cases are Britain, Belgium and Australia, with 30 per 1,000,000 per year.
What makes Mesothelioma so difficult to treat is the fact that it can take 20-50 years for symptoms to develop and when they do present themselves, they are commonly mistaken for other illnesses and suffers sometimes misdiagnose themselves before seeing a doctor.
Signs of Mesothelioma include shortness of breath, chest or abdominal pain, fatigue, hoarseness or wheezing and unexpected weight loss. In severe cases of the disease, Mesothelioma symptoms may include blood clots in veins, pleural effusion, low level of blood sugar and jaundice.
Because Mesothelioma symptoms are similar to a lot of other common conditions,and because of the latency of the disease, diagnosis of Mesothelioma can be difficult and by the time Mesothelioma is detected, it is often too late.
Unforunately, the life expentancy for people diagnosed with the cancer is rarely more than a couple of years and in most cases, is just a few months. There are, however, treatments available that can slow the progression of this aggressive cancer and expand the amount of time that sufferers have left. These include chemotherapy, radiotherapy and in some cases, surgery. Mesothelioma treatment can be effective in shrinking tumors in the early stages of the disease, but cures are incredibly rare and the prognosis remains sadly disappointing.
Because Mesothelioma is caused by exposure to asbestos, many cases are due to working conditions of people in the past where asbestos was present in their working environment. Compensation may be available to those who contracted the disease due to inhaling asbestos or being exposed to the fumes in jobs they held and many dedicated law firms can help people affected to file lawsuits against their former employers.
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