what is Binance?



Binance is a crypto-currency exchange with cryptocurrencies only, so you will not be able to buy crypto-currencies from fiat (euros, dollars). You will be able to deposit on this exchange crypto-currencies that you would have in your possession. There is no deposit limit and there are no fees when you make a deposit. The amount you can withdraw each day is dependent on your level of verification, you can read the Check Your Account section to learn more.

This platform has all the criteria that we want to see on a top exchange: a clean and functional interface, an extremely fluid platform that can manage up to 1,400,000 orders of purchases and sales per second, a professional and dynamic team that constantly innovates, responsive and efficient support, very low transaction costs.

Base fees are set at 0.1% per transaction which is very low compared to the competition. Better yet, if you have Binance Coin (BNB), the platform token, you will pay the fees directly in BNB and they will be divided by two, or 0.05% per transaction.

One of the only negative points of this exchange is that it does not allow to set stop-loss. It is therefore not possible to set up an automatic buy / sell order if the price of a token reaches a certain price.
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If you are about to explore Bitcoin, there are some things you should know. Bitcoin allows you to exchange money in a different way from the usual banks. Thus, you should take the time to inform yourself before using Bitcoin for important transactions. Bitcoin should be treated with the same caution and care as your usual wallet, sometimes even more in some cases!