There are a lot of cryptocurrency exchanges available but among them, Binance remains as one of the biggest and most popular platforms. Many beginners and veteran cryptocurrency traders prefer using it to make some money by trading different coins.
But what makes Binance so popular? Let’s find out!
More Opportunities to Make Money
When it first launched in 2017, Binance offered the highest number of coin pairings.
This got a lot of traders interested in the platform since having more coin pairs to choose from meant more opportunities to make some money.
Today, Binance continues to expand its offerings and currently has 584 coin pairs available on the platform as of the time of writing.
Low withdrawal and transaction fees
When it comes to trading fees, Binance wins over other exchanges since they only charge 0.1% per transaction; making it one of the lowest in the market.
This is a very big reason for traders to prefer using this exchange because essentially, it means they’re able to make more money with each trade.
High-Levels of Security
Binance has been awarded an information security accreditation by the International Organization for Standardization (ISO) making it the very first cryptocurrency exchange to be verified by the DNV and UKAS.
They also have a 24/7 automated security program that scans the system for any unusual activities.
When it detects that there’s something wrong with the account, it freezes all transactions for that user and notifies Binance’s internal security team.
The team investigates and resolves the issue as soon as possible. Once everything is clear, the account can be used normally.
Final Verdict
Binance certainly has a lot of advantages compared to other platforms, so it’s easy to see why many people and REALTYDAO prefer to use it for trading.
It’s user-friendly, has a high number of coin pairs, community and technology-driven, and allows you to connect with applications such as copy trading software.
Without a doubt, Binance is still one of the most impressive cryptocurrency exchange platforms available and its so easy to get/buy it from www.realtydao.com