Last updated on November 4th, 2021 at 06:34 pm
Binance is an online crypto exchange headquartered in Hong Kong and is one of the most popular companies in the industry. Many users trust Binance based on its excellent performance (it has remained in the top 3 when it comes to daily trading volume), easy to use online and mobile platforms, and very low taker and maker fees.
Binance has two types of trading accounts: Basic and Advanced. The basic option is recommended for first-time traders as it has straightforward and easy to understand features great for beginners to the crypto space. First-time traders may open a free account to practice trading and to get acquainted with charts, graphs, and tools used for trading. The basic option does however lack many trading features that serious and expert traders tend to use.
The advanced alternative has a different looking dashboard with far more data and trading histories on display to reference. These tools help the advanced user make more informed decisions.
I would recommend Binance to crypto traders of almost every level of experience as trading with Binance will take you from beginner to expert through its Basic and Advanced settings.
I’m Jon, owner of Trade Wise at https://tradewise.community/ and https://www.youtube.com/channel/UC7VmOx8DbvX4Rbrac2pPcjw
I review forex and crypto trading products and services to find the best of what’s out there for creating a passive income without becoming a full-time trader.