I have been mentioning this one since it has started and showing many tricks on how to use it to make more profits than on other exchanges. Now just after few months being live, it gained top1 spot today!
Of course the older exchange (and my top1 favorite) is fighting and got its place back now but we can see a lot of moving between this two.
This two exchanges are my favorites ones and most of my trades happen on currencies there vs some perfect discount on another's ones (wrote of this many times).
Also when you keep coins on Binance you get all split-forks the fastest we already have there BCX SBTC and today we got ETHs coins called Ethereum Fog - ETF. They are not tradable yet but you have your balances secured.
Remember you dont need any ID verification to regiter and trade there, you just cannot be from China.
And a trick that i have shared in other post but could have been missed.
There is BTC ETH and BNB pairs there for trading.
There is no fees on BNB so if you do your math properly you can buy many things cheaper than on other markets and other exchanges.
Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips! |
 |
|---|
Thanks for the update. I'm currently on Poloniex and there are a lot of alts I'd like to try that they do not support. I will look into Binance.
I wish I'd have known this before I spent all that time trying to get on Poloniex. What a hassle!
Thanks for sharing this great information.
I wonder if bitshares going up helped with that at all.
I had a ton of eth on bittrex and polo, I guess I won't be getting ethfog shit!
Hi kingscrown,
Thanks for sharing
thank you for this nice comparison.. I guess I should give a new exchange a try
Technically I don't think binance that good, but the hardness of addition of new coins to the old once make them loose their dominance... :(
I bought coins onThursday night or Friday morning and am up 86%. I liked the exchange because it was quite simple. The only complaint is that you can't order to cryptos and that they have them as pairs trades. Poloniex has the best technical trading tools. Bitrrex has crappy charting, but offer many tokens you can order the cryptos alphabetically .
I'm just using bitshares now, but i know binance has a huge variety of altcoins!
Is Binance also de-centralized like bitshares' Open Ledger exchange?
What is the fee for removing your crypto from Binance, bc on OpenLedger it seems quite high-- like 10-20%
Does anyone know the comparison of volumes on OpenLedger to Binance exchanges?
It seems like the withdrawal fees are the most important aspect of these exchanges.
Binance: do they just ask for email, or nothing, to trade?
If only they’d list Steem and/or SBD. Any idea if we could do anything to encourage the addition?
I went to Binance website and put in a ticket to request Steem and SBD. I hope others do that a well to drive the point. I just don't understand why they don't list Steem already.
Great stuff!!! I didn't realize that that their are no fees when trading BNB. Wow - what a great model. BNB is in a great position to rise.
What are the benefits of holding binance coin? Thanks for the tips!
You can also trade it or hold it just like any other coin. and also use it for reduced fees. Gonne up quite a bit lately
paying the fees
That's insane, Bittrex got some competition coming up, especially being there support is terrible according to a lot of users. They need to upgrade like Coinbase is, otherwise, the problem will just get worse.
Thanks for this post, I was thinking bout whether Binance is good to use. It gets so complicated trying to figure out the relative pros and cons of the different exchanges! Kate
To surmise crypto are fast becoming a highly traded commodity and cryptocurrency trading is very volatile. Gone are the days in which a person could buy Bitcoin for under $20 per coin but there is still money to be made. Learning to day trade Crypto can still turn a tidy profit if one follows trends and becomes well versed in the specifics of each coin. So, go out, be patient and diligent, and make money! I've been trading cryptocurrencies for 2 years now and I can say that over $200 billion dollars was made worldwide and has made millions of traders rich. I trade LTC, BTC, ETH, BCH, BCC etc. I can guide and assist you with any information you may need to invest in these new and unpopular crypto and digital currencies that are making waves at the moment. Contact me @ (victorvladimir34@gmail. com).
thank you for sharing this information I was really needed for this information.
Thanks for sharing @kingscrown!!
Atleast we should give a try to new exchanger rather than old once specially after seeing this post :)
Honestly well deserved
I prefer Binance. Very easy setup and quick transactions!
Yes! I am a huge fan of Binance!
Have been trading on the exchange since they began operation.
You can check up my write up on them here: https://steemit.com/cryptocurrency/@bcsaffy/why-binance-has-become-my-favorite-crypto-exchange
If you are not yet signed up for Binance and want a chance to win 5 BNB (Binance coin) then check out my post here about how you can be entered in the giveaway!
BNB GIVEAWAY HERE: https://steemit.com/bitcoin/@bcsaffy/here-is-your-chance-to-win-5-bnb
great.
When you use my Link
https://www.binance.com/?ref=10101260
you will only pay 50% per trade on fees.
Is it better than HitBTC? HitBTC have a massive selection of cryptocurrencies that you can buy. See here: https://hitbtc.com/?ref_id=5a36b7cd81f3b
Bittrex stole my money... So I'm glad I signed up for Binance. So far so good!!!
Nice post @kingscrown Bro, I want Upvote for Christmas bro :) Merry Christmas to you and your family
Already done resteemed my dear friend @kingscrown
Hay good to read your post and also you had suggested a good exchange for trading.
This content is more informative and educative about bitcoin.I hope that you will make this types of tranding all the time and now i am learning more valuable things from your post .Thanks for sharing this significance post .I am waiting for your next content .Again thanks friend @kingscrown.....upvoted
very informative information and thanks for sharing your valuable content in bitcoin..especially thanks for discuss about bitcoin and bloch-chain..cause i gain knowledge to your post in crypto..well done.
upvoted and resteem
Excellent update. There is BTC ETH and BNB pairs there for trading. upvoted, thanks for sharing the important post
I feel like the interface on BIttrex is much cleaner and nicer. that having been said, bittrex is having annoying socket disconnected issues while i type this
Boy there is lots to learn!
Good
very nice to see updates and informations about "Binance". thanks for giving guideline to us. appreciated your work. keep it man.
I like it, what I notice is EOS volume is looking very good also!
Got to love this crypto mania!!!!
Your information and tricks mean a lot to us. Those exchanges are very good. I am gonna give it a try!!
Thank you for sharing your Excellent analytic post about cryptocurrency. it help us.
My only concern about Binance is that is has been up and running for such a short time compared to the other exchanges. But looking over everything, it does seem to be legit. Definitely think its worth a try.
perfect update! thanks for sharing
No wonder after so much trouble that Bittrex and Kraken have been giving to existing and new customers alike for the past month or so.
Thanks for updating great work @kingscrown
If u dont mind please have look on my latest post its about photo contest if u dont mind then
upvote and following you. Thank you.
Great share. I love Binance. And BNB has been increasing in value to boot.
I in there also Yobit and Bittrex
Binance is establishing itself as a leading brand in the industry
I like Binance more and more every day, really think its the best exchange right now.
Binance is about a 100 times better than Hitbtc:D
Why? What have they done? I've heard a lot of bad things happening at Bittrex and Poloneix, but not them yet. lol
Gold grew greatly in value when it was added to the CME 40 years ago. Imagine what #Bitcoin will do. CME is the largest market that has ever existed on the planet Earth
My main gripe with Binance is that it won't let me set a password that includes any lowercase letters. Their password validation is screwed up.
thank you, your opinion for many is very important, I will definitely try a new exchange in the near future, the advantages are obvious, the binance is excellent