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.
Asbestos Lawyers: Hiring the Right Attorney
When you are faced with a diagnosis of an asbestos-related disease, there seem to be a million different decisions to make and things to think about. Through all of the noise and confusion, one thing is painfully clear: you are very sick, and your sickness was entirely preventable. Had your employer and the suppliers they were working with done the right thing, you would not have been exposed to asbestos and you wouldn’t be fighting for your life.
An asbestos lawyer can’t make you well. What they can do is to help you get your medical bills paid for by the people that made you sick, and get you some justice along the way. The asbestos trust fund that contains billions of dollars can help you and your family, and so can filing a mesothelioma lawsuit. Contact us today to get more information about how we can help you with these and many other positive actions you can take to benefit yourself and your loved ones.
We have spent the past twenty years working with victims of asbestos exposure to get them the justice they deserve. Our clients have told us how overwhelming the entire mesothelioma experience can be, including choosing from among the dozens of law firms that say they can represent mesothelioma cases.
Asbestos Causes Serious Illnesses
Mesothelioma, lung cancer, asbestosis. These are just three of the diseases that have been proven to be caused by exposure to asbestos. All three can be deadly, and treating them requires the care of a battery of specialists, therapists, nurses and other healthcare professionals. Between surgeries, treatments, overnight stays in the hospital for extended periods of time, medication and home care, your bills pile up. All of this is happening while the company that made you sick continues making big profits.
How Can an Asbestos Lawyer Help?
An experienced asbestos lawyer for mesothelioma litigation will listen carefully to the details of your medical condition and prognosis, asking you questions and providing you with answers. They will put together all of the information about your illness and your employment history to prove exactly how and where you got sick, and will then present this information to the courts, who can make your employer pay for your bills and the pain and suffering that you have endured. The asbestos lawyers at our Mesothelioma Lawyer Locator service have been holding asbestos companies accountable and winning the maximum compensation for our clients for over two decades, and they can do the same for you.
Finding the Right Mesothelioma Lawyer
One of the most challenging aspects of filing a mesothelioma lawsuitis the process of choosing the right attorney. Well intentions of family members, friends and neighbors will urge you to contact attorneys who they know and trust, but in most cases, these are general practice attorneys who do not specialize in mesothelioma or asbestos-related lawsuits. Just as you wouldn’t go to a general practice physician for treatment of a cancer diagnosis, you shouldn’t trust your mesothelioma lawsuit to any lawyer who does not have years of experience in fighting the asbestos companies and seeking the highest compensation possible for mesothelioma damages. An experienced mesothelioma attorney will have extensive resources that will allow them to pursue lawsuits against all responsible companies, as well as to provide you with valuable information about the best treatment available for your condition. They will also have a compassionate staff that is dedicated to keeping you up to date on all aspects of your case, and will be able to provide you with comprehensive information about all of the different types of compensation that are available to you, including:
• Mesothelioma Trust Funds — These trusts have been established by asbestos companies that have filed for bankruptcy. In response to the thousands of mesothelioma and asbestos lawsuits that have been filed against them and the millions of dollars they have had to pay out in jury verdicts and settlements, many asbestos companies sought bankruptcy protection against future liability. In reviewing their filings, the U.S. bankruptcy courts required these companies to set up asbestos bankruptcy trusts that set aside money specifically earmarked for victims of asbestos exposure. Roughly $17.5 billion of those funds have already been paid to victims of mesothelioma and other asbestos-related diseases, and there is an estimated $30 billion that still remains to address the needs of those diagnosed with these illnesses in the future.
• Mesothelioma Lawsuits — As more and more information became available about the dangers of asbestos, as well as that so many asbestos companies were aware of its risks yet chose to continue exposing employees and workers, victims have been able to file mesothelioma lawsuits seeking compensation for the damage that they have suffered. The verdicts that juries have awarded in these cases have ranged depending upon the specifics of the case, but a recent study indicated that the average jury verdict in a mesothelioma lawsuit is $6 million.
• Mesothelioma Settlements — In most cases, when a mesothelioma lawyer prepares a mesothelioma lawsuit on behalf of a victim of asbestos exposure, the case never goes to trial. Instead, it is resolved out of court when the asbestos company offers a mesothelioma settlement. These settlements can be beneficial for both the asbestos victim and the defendants, as they resolve more quickly. The average mesothelioma settlement has been estimated to be between $1 million and $1.4 million, though each case is different.
When you or a loved one is diagnosed with asbestos mesothelioma-related cancer through asbestos exposure it’s important to remember that you or your loved one could be entitled to financial compensation. In order to find the best mesothelioma lawyer in your area, we suggest you contact our Mesothelioma Lawyer Locator Team. Currently, with $30 Billion available in Asbestos Trust Fund. Today is the day to take action in determining what financial compensation you may be entitled to.
If you or a family member has been diagnosed with mesothelioma asbestos related cancer or any other medical illness that was caused by being exposed to asbestos fibers, you may be faced with many medical, financial choices. As with all mesothelioma victims your main focus will be to ensure that you are focusing on keeping your health up by keeping abreast with all the mesothelioma treatment choices available to you. In this process you will have to handle various issues such as what will treatment cost for a mesothelioma asbestos related illness and what effects will this have on one’s family members. It’s very common for individuals affected with asbestos related illnesses not to be considering legal representation or hiring a mesothelioma lawyer
Hiring Top Mesothelioma Lawyer or Law Firm
If you have found yourself or a family member in need of an experienced attorney, it is important to keep in mind that mesothelioma asbestos related lawsuit cases should not be handled by just any legal representative who does not have asbestos-mesothelioma related experience. Just as offshore injury or nursing home abuse lawyers focus on their niches respectfully, mesothelioma asbestos law firms are focused on specific niches of personal injury law such as asbestos-mesothelioma related lawsuits cases.
The asbestos industry can be tremendously difficult and requires legal representatives to have through knowledge regarding the mesothelioma industry.Specifically what type of mesothelioma treatments are available, in-depth understanding of asbestos exposure and the methods used to identify individuals who may be responsible.It is understood that most personal injury law firms may have surface knowledge regarding these type of cases related to mesothelioma asbestos, but not necessarily may have the in-depth knowledge, experience and skill sets that are required to handle mesothelioma lawsuit cases the correct way that an experienced mesothelioma law firm can do.It’s important to keep in mind that asbestos mesothelioma attorneys have the knowledge and skill sets to deal with the difficulties of your case and ensure that you may receive compensation for mesothelioma-related illness.
It is important to remember that there is no exact process that creates mesothelioma asbestos lawyers. It is said that most lawyers or attorneys have a specific method for managing cases, and most law firms have their own legal strategies and processes in handling asbestos law.Some attorneys have tried asbestos cases just like yours for many years and have a first-hand understanding about asbestos exposure disease, which would include the devastating effects of the symptoms of mesothelioma and have a real in-depth knowledge of what mesothelioma victims deal with on a day-to-day basis.
Conversely, many lawyers and attorneys may be new to the landscape of mesothelioma law, and may have asbestos-mesothelioma related training. However, they lack the direct experience of working actual mesothelioma cases.Selecting the correct attorney to process your asbestos case could be difficult.Nevertheless, if you inform yourself of the specific knowledge, being able to locate an experienced attorney may not need to be an extremely complete process.
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