The company was founded by its current CEO Changpeng Zhao back then in 2017 and it has its headquarters in Malta. The Binance crypto trading platform offers some of the most competitive rates in the industry and is suited for both beginners and seasoned traders. It is the largest cryptocurrency exchange platform in the world in terms of trade volume. Binanceīinance is a leader in the cryptocurrency industry and supports more than 200 cryptocurrencies.
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However, considering the millions of users Binance has, these represent an extremely tiny percentage which means that Binance still does a good job when it comes to its customer support.īefore we move on, here is a full Binance review.
Their customer support is overwhelmed with tickets most of the time and stories about inexplicable account freezes, fund lockups and similar restrictions are very common. As for Binance, they hide their headquarters like a snake hides its legs. It is a registered and US based company that strictly adheres to the pertinent laws and regulations in the US. When it comes to customer support and regulatory status – is the winner.
The sheer number of features and the fact that you can use it with no KYC (up to certain amounts of crypto: 2BTC daily withdrawal limit which will suffice for the vast majority of crypto traders) speak for Binance.īinance has more listed coins than, has lower fees, has more additional features (savings, launchpad, NFT marketplace, loans, derivative trading etc). If you are a US-based user, there is no dilemma for you: is the exchange to choose since Binance is not available to you and is a pale copy of its mother-company.Īs for the rest of the world – Binance is by far the better exchange to use.
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