Best and Reliable Crypto Exchanges | Part 3 | Binance

Binance
https://www.binance.com
This list isn’t complete without reviewing the world’s most prominent cryptocurrency trading platform, Binance. It’s not our top recommended crypto exchange platform because it’s too complex for a newbie trader and has too many advanced features and trading options.
Binance
Binance provides a comprehensive range of trading options via its desktop or mobile dashboards, including an excellent variety of market charts and hundreds of cryptocurrencies. The platform also offers extensive learning platforms, an NFT platform, and its tools and features.
Only 65+ cryptocurrencies are available for trading on Binance’s exchange outside of the United States. It also accepts some fiat currencies for customers outside the United States, including AUD, EUR, GBP, USD, INR, and HKD.
How Does Binance Work?
Binance is available on a website, desktop, and mobile app. The Binance interface offers a bird-eye view of price trends, order books, transaction histories, and your crypto portfolio. Users also get many order types, including stop-limit orders, limit orders, stop market orders, trailing stop orders, and so on.
In addition, you have a variety of trading perspectives to choose from, including OTC views and traditional margins. But, some of Binance’s features, such as margin trading, are unavailable to U.S. users.
Is Binance Safe?
Binance has one of the best security features in the industry. There’s an option for users to limit device access, two-factor authentication, device management, the safe listing of addresses, and so on. The Binanace.us platform covers all balances in U.S. dollars with FDIC protection.
Binance Fees
Binance has one of the lowest trading fees in the industry. The bigger the trading volume, the cheaper the fee. The chart below will give you a quick overview of Binance fees for various payment methods and withdrawals.
Payment Type

Wallet
Debit cards
ACH transfer
Wire transfer

Opening an Account
Getting started on Binance is simple, and you’ll only be required to enter basic personal information to create an account. After creating your account, the platform will need you to turn on 2FA. Then you can add a payment method to your account, make a deposit, and start trading on Binance.
Our Take on Binance
Binance is best suited for experienced traders who want many trading features. Users would appreciate the cheaper fees and the range of cryptocurrencies available, but U.S. users would find the platform limiting.

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Written by CryptoZoom

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Founder of CryptoZoom. Trading and crypto enthusiast. Focused on educating investors. Crypto, NFT, Web 3.0, Blockchain, Metaverse, DeFi, FineTech, and Finance.

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