Where’s the best place to trade cryptocurrencies? – 9 good reasons why you should sing up on Binance and how you’ll pay half of the fees.

in #cryptocurrency7 years ago

https://www.binance.com/?ref=10130729

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1 Access to the best AltCoins

You can buy all the top altCoins on Binance. Binance seems to have a very good selection process for the listing of new coins. You’ll find an amazing selection of the best performing altCoins. Furthermore user can vote for the monthly community coin, where Binance asks the user which coins to list next.
Here are my favorite coins I bought on Binance:
$ICX
$QSP
$ETHOS (Ethos is still listed as on Binance $BQX which was the symbol before the rebranding)
$SUB
$VEN
$TRX
$ADA
$WTC
$SNM
$POWR
$NEO
$OMG
Also check out the snapshot (03. Jan 2018 19:41 CET) of the best performing coins on Binance at the moment.

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2 First Listings

Did you miss a hyped ICO and you want to buy in as soon as they are listed? Best chance to get the coins is on Binance, which is often the first exchange listing the coins after an ICO. Here are only a few of the coins that were first listed on Binance:
$WTC
$QSP
$ICX
$TRX
$GTO
$BRD

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Icon was listed first on Binance!

3 ICO Launchpad

Did you miss a hyped ICO? Binance gives you a second chance by doing ICOs through their LaunchPad but you have to be very quick!
Binance did support the following ICOs:
Gifto ($GTO) 30,000,000 GTO token were sold in 216 seconds
Bread ($BRD) 7,000,000 BRD token were sold in 131 seconds

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4 Passive Income through referral program

You want to earn a passive income on Binance? All you have to do is to participate at the referral program and tell your friends about Binance (that’s what I’m doing now). You’ll get 50% of the trading fees that are generated by your referrals. It seems to pay out massively! The berst performing user has earned about 65 btc by referrals. I have earned a modest 0.0068 btc so far.
I would be very thankful if you use my referral if you want to sign up on Binance:
https://www.binance.com/?ref=10130729
Thanks a lot in advance!

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5 Monthly $Gas ($NEO) distribution

The reason why I signed up on Binance last August, was that they were the only exchange that distributed $GAS related to your $NEO holding. If you hold $NEO you’ll get your $GAS distributed by Binance every month.

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6 Forks

You don’t want to miss on Bitcoin forks?
“For any future hard forks on Bitcoin, Binance will take a snapshot at the time of fork. After we deem the forked blockchain and wallet to be usable and stable, Binance will allow up to 7 days for users to withdraw their forked coins.

For trading and listing these possible forked coins on Binance, each forked coin will go through the same strict listing review process as Binance does for any other coin/token. The default position we have is no listing.”
https://support.binance.com/hc/en-us/articles/115002793151-Binance-s-Policy-On-Any-Future-Bitcoin-Forks

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7 Low fees

The trading fees on Binance are already very low with 0.1%. If you pay with $BNB you’ll pay the half of the trading fees which is 0.05%. Therefore, I recommend you to buy a few $BNB (just as much as you need to pay for fees) and switch to pay with $BNB. Furthermore, $BNB is a good investment anyway since this exchange is a beast, which is growing steadily since their launch. Each quarter they use 20% of their profit to buy back $BNB and burn them to let the contributors participate at the success of Binance.

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8 Bounties, airdrops and competitions

Binance gamifies trading by regularly organizing events where you can win amazing prizes. The downside of these competitions is that mostly you’ll not have a chance against the big investors and whales. They win all the competitions with their huge trading volumes. Some competitions include luck. On these competitions you’ll get your chance to win even if you’re not a whale.

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9 Clean interface and mobile app

Binance is very easy to use. Compared to all other exchanges I like the Binance trading interface the most. It’s clean and easy to use. Furthermore, they have a very good mobile app, where you can carry the exchange in your pocket and trade directly with your smartphone.

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Conclusion

When I started with cryptocurrencies I did only buy $ETH until I heard about $NEO which was called the Chinese ETH. This is how I discovered Binance. Binance opened the door for me to the world of altCoins giving me access to some of the best performing alt coins. By trading altCoins I started to research on the projects I wanted to invest and learned a lot about the blockchain technology and the great projects out there. Investing in cryptoCurrencies I’m aware that it is very volatile and risky. I never invest money I can’t afford to lose. Actually I did amazing gains investing in altCoins. I see every cent I have spent on cryptos as investment in educating myself in the technology that will change our future. If one day I will lose everything I’m still glad for everything I have learned. It was a great journey so far.

I can only recommend you to sign up on Binance if you haven’t already and enter the world of altCoins. Never invest money you can’t afford you lose. Do your own research (DYOR) and learn as much as you can during your journey.

Don't hesitate to comment and ask questions. I'm happy to discuss and know your opinion.

Happy trading and good luck!

https://www.binance.com/?ref=10130729

Thank you for every sign up!

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Due to the overwhelming surge in popularity, Binance will has to temporarily disable new user registrations to allow for an infrastructure upgrade.
https://support.binance.com/hc/en-us/articles/115003773671