Binance Review 2018: Comprehensive Crypto Coin Exchange
Binance is a Chinese cryptocurrency exchange. Binance was created after attracting funds via an ICO (Initial Coin Offering – creating a new digital asset, backed by the project. Changpeng Zhao, former CTO at OKCoin is currently at the helm of Binance. They are known for fast processing speeds coupled with an ability to process enormous numbers of transactions (1.4 million) each second. It’s been quickly gaining ground in market share cementing a place as a top 20 exchange in terms of volume.
Binance transaction has reached a new level and currently score tenth place in the world. Binance offers a generous daily withdrawal limit. They don’t need identity confirmation when the per day remittance is within limit of 2 BTC.
Binance Features
Binance’s trading platform is web-based. Furthermore it offers two distinct trading layouts, a more simple one and a “Pro” version.
Their ICO has created tokens named BNB that are traded on the exchange. They can also be used as a method of paying your trading fees, which will reduce them by 50%. Binance offers their own startup incubator platform as well. The trading functionality of the platform was of more interest so we focused on that for the purposes of this Binance review.
Below is the “standard platform” look:
Below is the advanced display:
BINANCE Advantages
Large Cryptocurrency Pairings Supported
The competitive advantage of Binance’s platform is the ability to trade every major cryptocurrency pairing in existence. Coinbase and Gemini only offer trading of a handful of the larger market capitalization cryptos, whereas Binance allows users access to trade over 100 crypto coins.
Low Fees AND LIMITS
The fee structure is simple as well as being priced. There is a flat 0.10% fee on all trading. The 0.10% fee on trades is one basis point. If you were to buy a cryptocoin at 100 you’d have to sell it higher for 101 to profit.
Ease of Setup
Setting up an account is straight forward, similar to signing up for an account with other service providers. Another advantage is there is no lengthy waiting time, users are able to get setup and running within minutes. This is due to the fact that fiat is not accepted on the exchange.
Binance Provides Significant Trading Volume
Binance is currently the third largest exchange by cryptocurrency trading volume, according to coinmarketcap. At the time of writing, Binance’s volume was an astounding $5,441,711,452 in the last 24 hours! This volume demonstrates their users clear trust in the exchange, as well as the accessibility of the exchange and ease of transacting. This type of volume requires substantial servers and computational power.
Wide Support of Cryptocurrencies
No Verification Requirements
Binance doesn’t require identity confirmation in instances when the per day remittance is within the limit of 2 BTC. The attractiveness of setting up an account with Binance may be greater for a user in a jurisdiction where certain exchanges choose not to allow new users because of restrictions imposed by that location’s governing regulatory bodies.
Ease of Use
You’re able to buy and sell crypto pairings with market or limit orders while specifying the amount or percentage you wish to trade for each transaction.
BINANCE Disadvantages
No Leveraged Margin Trading
Margin trading is not available at Binance. Margin trading is a system which allows you to trade with more money than you actually have in your account. Your balance is then used as a guarantee to maintain your position open.
No Fiat Functionality
This has both advantages and disadvantages. Government fiat deposits are not currently enabled in Binance, instead this exchange focuses only on the digital side of things. Clients can deposit and withdraw the coins supported at the exchange. This means that you’re not able to deposit or withdraw in fiat currency, only cryptocurrency is supported.
Relatively New
Binance was started in only July 2017, according to this Reddit post. This is a major concern, as they don’t have a history. Despite all the good things people are saying on Reddit. it’s worth mentioning as many exchanges have come and gone. Binance appears to have a visible co-founder, unlike BTC-E.
Conclusion
Accessible option for obtaining Different Cryptocoins
Binance is the most rapidly-growing and communally praised cryptocurrency exchange available. It’s China based location may spell issues in the future due to rumors of a “crackdown“. that currently accounts for a large amount of volume. Although Binance targets high frequency traders, it is quite useful for those getting beginning with altcoin trading. Their lack of fiat money deposits may be difficult to swallow for beginners, only supported cryptocurrencies may be deposited. Binance boasts a large number of various cryptocoins for trading.
The main benefit is the ability convert between cryptocurrencies. For instance exchanges such as Coinbase and Gemini are more limited in the number of cryptocurrencies offered. The interface is also conducive to support shorter duration hold time day trading of cryptocurrencies if one were so inclined to deploy that strategy. Binance is an exchange worth looking into and integrating into crypto trading just for their large amount of supported crypto coins.
The last we saw Robert Francis Kennedy he was a 42-year-old presidential candidate a half century ago. One-twentieth of a millennium. Yet the light of his memory still shines.
Most of the world's population cannot remember back to June 4, 1968, a day that started for Kennedy with a tragedy averted only to culminate in his own slaying just after midnight.
That harrowing day began while staying at Hollywood Director John Frankenheimer's Malibu beach home. Kennedy, his 12-year-old son David, and three-year-old son Max played at the surf's edge. David went for a chilly swim in the ocean and became submerged and trapped by a ripping undertow. His father dashed to the shore and dove head-long under the turbulent waves to rescue his son from drowning. Both emerged from the ocean scraped and bruised by the sea's bottom and the Pacific's torrent, but tragedy was forestalled.
Frankenheimer, fully experienced in makeup, touched up Kennedy's forehead before the candidate appeared later in front of the press and national television cameras.
Kennedy's grueling presidential campaign was in full swing as he watched the results come in from the California primary. It would be a huge victory for the New York senator, and the celebration would be hosted at The Ambassador Hotel in Los Angeles. His victory speech was full of vigor, humor and enthusiasm. The all-important Democratic National Convention in Chicago loomed, and Kennedy was emboldened, urging his followers forward: "Now, it's on to Chicago, and let's win there."
The crushing crowd of the hotel's Embassy Room continued to swell as the victorious candidate was led down a ramp through double doors of a kitchen. Fifteen minutes after midnight, between the ice machine and stainless steel warming tables, gunfire sounded in rapid pops. Kennedy was struck four times (including a graze) by.22 caliber bullets fired by a 24-year-old Palestinian. Supposedly disgruntled over Kennedy's vow of support of Israel following the senator's speech at a Polish synagogue a week earlier, the assassin emptied his gun, wounding five other people in attendance.
Just two months after spontaneously addressing a stunned crowd in Indianapolis right after Martin Luther King Jr.'s murder, Robert Kennedy himself would be felled by a lone assassin. The tumult of 1968 had hit a crescendo as the Vietnam War raged on and body bags filled with American soldiers continued.
Many historians suggest that this Spring of 1968 was the lowest point in the nation's collective psyche since the Civil War. Civil Rights progress was disrupted dramatically with the two assassinations, and the prospect of an everlasting war in Indochina seemed assured. The country was coming apart at the seams, it seemed, as racial riots and mass marches were ubiquitous.
The Democratic National Convention that followed Kennedy's assassination 12 weeks later demonstrated the rift in the country more so than any other event. Anti-war demonstrators clashed with Chicago police and national guardsmen at Chicago's Grant Park, Michigan Avenue and around the International Amphitheatre in full view of a national television audience.
Kennedy's long, crawling funeral train that carried his coffin from New York to Washington, D.C. on June 8 recalls Abraham Lincoln's rail journey more than 100 years before. Thousands of mourners lined the tracks wishing to bid a final farewell to the man who most embodied representation for the poor, under-privileged and disenfranchised.
Always fond of literature and poetry, Robert Kennedy liked to attribute George Bernard Shaw's words to his own ideals. Many Kennedy speeches included his vision: "Some people see things as they are and say, why. I dream things that never were and say, why not."
Robert Kennedy's public service certainly evolved through the years. He began his career in Washington as Chief Counsel of the Senate Labor Rackets Committee where he battled the likes of Jimmy Hoffa and other underworld characters. He left the committee to run his brother's presidential campaign, when he enhanced his own image as a loyal, ruthless, determined organizer.
After being named United States Attorney General, RFK again turned his attention to battling rampant organized crime, ameliorating the injustice of segregation and addressing widespread poverty in this country. He was a leading catalyst for the Civil Rights Movement and served as President Kennedy's most trusted and valuable advisor on domestic and global concerns.
It was Robert Kennedy's sage advice that helped defuse the Cuban Missile Crisis in October of 1962 which threatened the entire world with nuclear warfare.
Kennedy, father to 11 children, was a man of great patience and compassion. He identified and empathized with those who suffered from poverty or illness or oppression despite growing up in a family of exorbitant wealth. He went out into the streets of Mississippi to see close up the impoverished people who had no political voice. Bobby learned people's sorrows firsthand, whether it was in the slums of America or the apartheid of South Africa, and he took their suffering to heart.
He stood by the side of Civil Rights leaders when it was time for the nation to re-write its policies on segregation and prejudice. He was a primary agent of change that enabled the Civil Rights Act of 1964 to reach fruition.
It was Robert Kennedy who joined sides with Cesar Chavez and the United Farm Workers Union to give farmers and migrant workers representation and voice as they struggled with low pay, dehumanizing treatment and poor working conditions.
And, of course, he built his political platform around ending the Vietnam War, which waged on nearly five years after his death.
Brother Ted Kennedy in St. Patrick's Cathedral eulogized his slain brother in understated words that Robert himself might have chosen.
"My brother need not be idealized, or enlarged in death beyond what he was in life; to be remembered simply as a good and decent man who saw wrong and tried to right it; saw suffering and tried to heal it; saw war and tried to stop it."
Five decades have passed since Robert Francis Kennedy was taken away, and sadly, we haven't seen the likes of him since.
Rick Phillips has owned and operated Phillips & Associates http://www.RickPhillipsPR.com since 1982. The company provides full-service marketing for retirement communities, real estate developments and a variety of other businesses. Phillips is considered an expert in the field of census building and development of innovative marketing strategies for a wide spectrum of businesses.
He has also been an award-winning sportswriter, and a weekly columnist while maintaining his marketing firm.
Rick Phillips has extensive experience as a public relations expert, conducting PR and publishing exclusively for a South Florida city, and being account executive of a large PR firm. He's authored several screenplays, and had been invited by William Morris Agency for representation while attending USC Cinema School.
In 1997, he founded Stanford Solutions LLC, a multi-faceted firm. He's also been an inventor and developer of products for the retail market. Rick's been a lecturer on marketing, and has taught public relations to college students.
Article Source: https://EzineArticles.com/expert/Richard_J_Phillips/712869
Article Source: http://EzineArticles.com/9946519
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