Binance is the world's largest cryptocurrency exchange by trading volume of digital assets. We believe that a review of this exchange is necessary on our site, as the focus shifts more towards cryptocurrency, and trading might be of interest to some. We suggest proceeding to a detailed review of the exchange to learn about all the benefits of working with it.

Cryptocurrency Exchange Binance: Advantages and Disadvantages

If you are familiar with cryptocurrencies, you have likely heard of the cryptocurrency exchange Binance. Currently, Binance is the largest exchange in the world by trading volume of digital assets, despite its relatively young age, having been founded in 2017. Notably, the exchange's capabilities are not limited to trading.

Advantages:

• Support for all platforms. The cryptocurrency exchange Binance offers a Web version, applications for Windows, MacOS, Linux, mobile applications for iOS, Android. Additionally, trading on Binance can be done via API;
• Low trading fees. Binance boasts some of the lowest transaction fees for making trades;
• Simple interface. Cryptocurrency exchanges are inherently complex tools, but Binance has made the interface intuitively understandable and as simple as possible. There is an option to use an advanced tool for drawing charts from TradingView;
• Support for over 300 cryptocurrencies. As of the time this material was prepared, Binance offers support for over 300 assets, as well as thousands of trading pairs.

There are indeed many advantages, and listing them all here would take a lot of time. We have highlighted the most fundamental ones above.

Despite such a large number of advantages, there are a few minor drawbacks.

Disadvantages:

• Technical issues. The site often goes offline for an indefinite period during high loads. Sometimes, this can happen at the most inconvenient moment.

We were unable to find more disadvantages, but if you think we missed something, write about it in the comments, and we will update the article.

Internet Reviews of Binance Exchange

It's no secret that you can find a variety of information on the Internet. We tried to look for reviews about the cryptocurrency exchange Binance and the result was not so unequivocal, although as many people, as many opinions, right?

As you can see, opinions are divided. Some believe it's an excellent trading tool for beginners that doesn't require special skills, while others believe the exchange manipulates the market and so on.

Our personal opinion is as follows: we have been using this exchange for over three years and have not encountered any problems, except for the temporary site downtime due to load. We continue to use this exchange and can recommend it to you.

Instructions for Using Binance Exchange

We have prepared some instructions for using the exchange to help you get started more quickly.

Conclusion

Binance is the world's largest cryptocurrency exchange by trading volume of digital assets. We believe it is one of the best trading tools currently available, as it includes everything necessary, including an intuitive interface.

As you can understand from our article, the exchange has a significant number of undeniable advantages, and all of them are available absolutely free and without mandatory verification. Account verification is only required in specific cases, but the exchange can be used without it.

We did not forget to include brief instructions for using the exchange, which will help you start using it more quickly.

In general, given the situation around the payment system Perfect Money, it wouldn't be amiss to start using such tools, as HYIPs are gradually shifting to work exclusively with cryptocurrencies. In addition to storing money in cryptocurrency, you can start trading, which may bring you an additional percentage to your monthly income.

Write in the comments: do you trade on Binance.com? Share your impressions with our partners.

We hope this article was useful to you. We wish everyone successful and profitable investments!