Binance Coin

Overview

Rank
5.49/10
Based on 6 Reviews
Position in Rating
16
Since 03 April, 2018
Vote
Company Reviews
«I Trust» 0% (0) Standart 100% (6) «Scam Alert» 0% (0)
Official Name
Binance Coin
Year founded
2017
Market Cap $
1,158,059,712
Price $
10.2991
Change 24H
0.7%
Official Website
 

Binance Coin (BNB) is token based on Ethereum, this gives users a discount on the Binance platform service (the exchange that plans to create a decentralized fair blocking assets).
Traditional mining for Binance Coin isnt provided. Users earn coins when performing operations on the exchange, receiving rewards (purchase and sale with a crypto currency).
Using BNB gives users discounts (the amount of fees can be reduced by 50% at once). 

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Rating chart

Additional Information

Ticker symbol
BNB

Binance Coin Reviews

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17 August, 2018

Fabio Nista from Spain

9

Here is a good implementation of technical capabilities. Especially in issues of execution of orders at peak loads on the network, which provides a multi-level architecture of the network itself. In short, if other exchanges slowly bend on active trading, orders begin to slip with execution, as a result, traders lose profits, then everything is executed in fractions of seconds, so a high number of orders for sudden fluctuations does not affect their execution. So the operation with the crypto currency, the change of rates of which can occur in seconds, does not change and is executed in full accordance with the application. The security of funds on the exchange also does not raise questions. I recommend!

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17 August, 2018

Renan from Canada

10

I hope that the further development of the exchange will be as rapid as its launch. The platform has promising opportunities, very motivating conditions for trade and there are practically no shortcomings. If you touch the minuses, I can only name the impossibility of working with fiat. If you need to replenish the account or withdraw the profit, then only crypts, but you do not have to constantly convert from one currency to another, translating everything into bitcoins or ether: there are lots of wallets, so you can withdraw to any one. Other disadvantages? I didnt notice!!

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17 August, 2018

Krystal from Estonia

9

Binance has a lot of advantages. The platform has a high performance, this is observed primarily in active trading. There orders are executed instantly. The interface is intuitive and easy to work with. The trading system itself has built-in TA-tools and indicators. The best comparison is the analogy with the leading platforms Bitfinex and GDAX, only here the implementation is easier and more convenient. Verification for the exchange is optional.

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17 August, 2018

Tiago Nate from San Marino

8

Pros: minor commission, optional verification, many pairs, translated terminal, 2FA, API, mobile application. Disadvantages: there is no fiat, internal commissions for inference, incomplete translation of the text.

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16 August, 2018

Vaibhav from Tajikistan

8

This is an interesting platform without a stock exchange, it's easy and profitable to trade. Their platform is constantly updated, it has a competent trading functionality!!

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16 August, 2018

Stella Brown from San Marino

9

I work on this exchange for two reasons: anonymity of trade and loyal conditions. Now the vast majority of sites require verification. Do this to work with fiat. Binance does not have on its accounts with fiat money, the verification procedure itself is there, but there isnt need for it. The only profit, apart from the nominal confirmation that this is mine, is an increase in the daily limit on withdrawal. The threshold now stands in the equivalent two bitcoins.

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