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.
Only a Mesothelioma Lawsuit Can Bring in Good Compensation
People suffering from mesothelioma need to spend a huge amount for their treatment. This disease of mesothelium, known as mesothelioma, usually is caused due to prolong exposure to dust and asbestos. So, this disease is more common to the workers who work in stone-crusher industry or asbestos company. The effect is not seen immediately subsequent to working in those places, but prolong years of working gradually trigger the disease of mesothelium. It directly affects the heart and lungs. So, this disease particularly is very painful to those getting affected by the mesothelioma. To get compensation for such painful suffering, taking recourse to mesothelioma lawsuit with the help of mesothelioma lawyers is the only option. For this the victim or anyone who is a keen to the victim or someone with legal interest to the victim can go for mesothelioma lawsuit. Though lawsuit is not always the only available option but always the first step towards the compensation. It depends on the skill of the lawyers to decide whether to continue with the litigation or taking resort to arbitration accomplishing ultimate aim, which ends in successful claim of compensation sometimes amounting to hundreds of dollars or even sometimes, unbelievably, is million of dollars.
There is another interesting part in the mesothelioma lawsuit, the victim or anyone legally entitled to seek redress, usually, does not need to pay a penny at the first instance to the mesothelioma lawyers. These lawyers work in no win- no fees basis. So, when the mesothelioma lawsuit is filed then there is no need to pay any fees to the mesothelioma lawyers. If the case is won, only then the lawyer will take a percentage from the awarded compensation as fees for the lawsuit. Finding a mesothelioma lawyers requires a bit of research through available resources. The best option is to find a mesothelioma victim who has won in recent past such lawsuit. Only this kind of patient having first hand experience can provide the true information about mesothelioma lawyers. Yet, it is neither always easy nor possible to find such a patient in near neighborhood. So, in that case the only reliable option left is researching through internet. Point to be kept in mind when trying hard to find mesothelioma lawyers, is how many such lawsuit has been successfully won by them. How much compensation their clients got awarded or how much time is required for successful completion of the case. It is not an issue of concern for the victim as to where the jurisdiction of the lawsuit will lie. The lawyer would decide the jurisdiction as to in which state the availability of the compensation would be easy to find. In different states the mesothelioma lawsuit may bring in different amount of compensation and time for disposal. So, it is always better to leave the decision regarding jurisdiction in the hand of lawyers, as they are experienced in this field and obviously will opt for winning the case for being awarded the compensation, as their fees depend on it.
Saving Victims Of Mesothelioma: The Lawsuit Option
The issue of saving the victims of Mesothelioma or Asbestos cancer. This is a story that concerning a friend who was diagnosed of the killer disease. His suggestion in the light of present happening is for victims or their relatives to explore the Lawsuit option in other to reduce cost and loss.
Hoff Nielsen 45 is a former construction worker and a rare gentleman. He has won several medals in his former company for outstanding achievement and diligence. A happy man who will stop at nothing to ensure the contract construction work will not stop due to any problem! Sadly however Hoff's world has come crashing down as just a week ago was diagnosed as having Mesothelioma or asbestos cancer. This probably emanated from his exposure to asbestos while he worked in the construction firm. What this also means is that Hoff has become yet another of the many silent American victim and sufferer of the very dangerous disease called Mesothelioma.
Mesothelioma is a cancerous affliction that occurs as a result of continuous exposure to asbestos. Asbestos is a substance used to make certain items like pipe insulation, roofing, fire proof drywall, flooring, pipes, fire retardant ceiling insulation, fire, acid and heat resistant gasket and several other products. The time between exposure up on till it becomes full blown is between twenty to fifty years.
The construction and allied sector is no doubt a huge employer of labor with many Americans working in the sector and being exposed to asbestos and related materials and because of this exposure may likely develop Mesothelioma without knowing and through no fault of theirs except for the fact that they earned their wages by working with companies using asbestos most frequently. It is therefore imperative that when a victim is diagnosed with Mesothelioma such victim should seek redress in a law court by filing a suit.
A Warning shot!
The story above is to sound a note of warning to victims of Mesothelioma diseases to be very careful not to institute a legal action without the intervention of an experienced and knowledgeable Mesothelioma lawyer. This note of warning is very necessary in other to open victims' eyes to the complex litigation that is associated with Mesothelioma claims, and for this purpose, engaging the service of a Mesothelioma lawyer is strongly suggested.
A Mesothelioma lawyer is always prepared to fight for your legal interests in court to enable him or her achieve reasonable compensation award to the client.
After consultation with a Mesothelioma lawyer, certain advices on where to file suit and which parties to be sued, state specific legal variations such as statutes of limitations, award caps and insurance regulations that can be used to advance your case in Mesothelioma settlement must have been passed on to the victim.
A good and experienced Mesothelioma attorney always meet with his client (victims) to plot the success of their case through the instrument of the law. Also an experienced Mesothelioma lawyer sometimes make use of his social network and contact to pressure reluctant parties into accepting liability thereby preventing the plaintiff and the defendant from undergoing long period of trials before compensation is effected.
Therefore advise the victims or their loved ones who have suffered from Mesothelioma diseases are advised to always endeavor to consult Mesothelioma attorney for more information about Mesothelioma and their legal rights.
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