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.
5 Facts About Asbestos Lawsuits - What You Should Know
When you or your family has been diagnosed with mesothelioma or other asbestos related diseases, the first thing you should do is take legal action. Below is a concise list of information you should know when taking action.
1. Seek an asbestos lawyer immediately.
Due to the time constraints that are place on asbestos related cases, there is a statute of limitations involved. If you do not seek legal council immediately, the time that you have to file an asbestos lawsuit could expire.
2. Symptoms of asbestos related diseases do become immediately apparent.
It is very typical that when someone is exposed to asbestos related fibers or dust, the symptoms that they have contracted an asbestos related disease may not be apparent until many years after the initial exposure. We're talking decades later.
3. Not everyone exposed to asbestos will get an asbestos related disease.
Remember that the most important thing for you to do is to get a formal diagnosis as to whether you have an asbestos related illness. If your illness is not a result of asbestos, then the case will inevitably be dismissed.
4. Can a close family member collect compensation from the victim's death?
It is possible to get compensated if the close family member of yours died from an asbestos related illness. This would fall under the wrongful death suit. However, to collect compensation, the family member must file within the time limits of the particular state they are in.
5. Can any family member file the asbestos lawsuit?
Yes. A family member can file a lawsuit, especially in the case that the family member was in close contact with the person who contracted the asbestos related disease.
Selecting the Lawyers of Mesothelioma Or Asbestos Cancer
Recent years have witnessed a remarkable growth in mesothelioma cases across the US. The extraordinary increase in mesothelioma cases has bred a new set of proficient lawyers who are capable in coping with mesothelioma and asbestos lawsuits.
These lawyers frequently deal exclusively with mesothelioma sufferers who want to claim compensation from unruly companies that were responsible for their exposure to asbestos. By filing a reliable lawsuit, experienced lawyers assist sufferers gather millions of dollars in compensation for their families.
Mesothelioma (asbestos cancer) is the biggest reason why so a lot of people nowadays are hiring lawyers and going after a variety of asbestos companies. A lot of companies in the past have applied asbestos in their products although the fact that they did know how hazardous asbestos can be to human health. Actually, mesothelioma is also recognized as asbestos cancer by a lot of people simply for the reason that it almost always develops on account of exposure to asbestos.
Patient suffering from asbestos cancer require legal support for gaining compensation from the companies. There are a lot of lawyers which are dealing the cases of mesothelioma. Each person who is suffering from asbestos cancer is entitled for filling a lawsuit.
The patient or his family should do many researches before choosing an asbestos lawyer. You must go through the work experience of the lawyer or the company giving the legal support. The lawyer must be chosen on account of his success in cases of mesothelioma.
A mesothelioma lawyer can appraise extra costs that possibly will be covered under each claim, seeing that each case varies. It is significant to save all medical and financial records connecting to asbestos-induced disease for this intention.
Aside from giving these kinds of documents and responding questions concerning how you may have been exposed to asbestos, you will not have to be involved with other stages of the case. Mesothelioma lawyers know their clients may be very weary to cope with the details of filing a lawsuit or attending trial. Therefore, mesothelioma lawyers deal with every facet of the case.
An experienced asbestos lawyer will also be alert to the implications and understand how to handle the different parties involved, for example the guilty company and the insurance firms that possibly will seek negotiating a settlement.
An Asbestos Mesothelioma Lawyer Can Help You
Your medical bills are astronomical because of your asbestos-related lung disease. You cannot afford to pay them and are on the road to financial ruin. Not only that, your disease is debilitating and painful and the last thing you want to worry about is how you can protect your assets and still pay your medical expenses. If you are in this situation, there is help waiting for you. An asbestos Mesothelioma lawyer can review your case and give his or her expert advice on how best to be compensated for a disease that was likely the result of being exposed to asbestos on the job, at school or somewhere else.
Today's workers are protected from asbestos poisoning by laws that have been enacted by such governmental agencies as OSHA (Occupational and Safety Health Administration). However, during the past 40+ years many industries exposed their workers to asbestos and inadvertently subjected them to lung diseases such as Mesothelioma and lung cancer. That is why the government stepped in and set up regulations that protect American workers today. There are some companies that still do not follow all of the required regulations and knowingly expose their employees to needless levels of asbestos dust. These companies are at risk of being sued by victims of lung diseases, especially if it is proven that they were negligent in their safety programs.
You don't deserve to suffer the consequences of a horrible disease that was caused through no fault of your own. You may even have exposed your family to asbestos by bringing home asbestos dust on your work clothing. It is unthinkable that the medical consequences you or your loved ones are suffering could have been easily prevented if only you would have been protection against this deadly material.
Seek the help immediately from an asbestos Mesothelioma lawyer if you are sick from asbestos and work or have worked in a hazardous environment. There is a good chance that you will receive some type of monetary compensation for your medical suffering and for the medical costs that have resulted. You deserve to be taken care of because of the negligence of someone else.
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