Dang Ky Binance

Benefits of Trading on Binance

Recently I began using Binance the very first time as well as the experience has been put simply excellent.
I traditionally traded on Bittrex when evaluating lower cap alt coins but within the last several months Bittrex may have slowed down, and be more buggy than normal with laggy chart data and delayed notifications (like hours late).
I originally switched to using Binance because of them listing some unique projects not available on Bittrex yet such as IOTA and WTC, two solid projects that were storming up the coinmarketcap rankings.
Why I like Binance and exactly what are the benefits?
Below are some main reasons why I am enjoying using Binance.
1) Forks
Many exchanges and web wallets don’t shell out your Bitcoin fork coins quickly, in fact as of publishing 4 months on Coinbase users still don’t have their Bitcoin Cash.
One benefit with Binance is how quickly they support forked coins. If you hold Bitcoin around the exchange then basically as soon as a fork happens you will possess that same number or equivelent variety of coins through the fork with your wallet.
So, far on Binance I have had Bitcoin cash, Bitcoin Gold, Bitcoin Diamond and Bitcoin silver the name some.
Big picture
2) Airdrops
Airdrops are a somewhat new marketing tactic for first time coin owners which includes mostly been rewarded to Ethereum holders while using MyEtherWallet however Binance has become supporting progressively more these free airdrops the place you literally review your account and think “I didn’t buy these coins” and “wait, what even are these coins”. It’s a good thing because it’s free but the goal of the coin creators is to encourage anyone to then look into the coin and hopefully buy more. In any case selling these can be quite a nice little bonus for the crypto portfiolio.
3) Fees
The fees on Binance could be reduced automatically by opting straight into pay utilizing their own BNB token, this is a smart idea and also shows that the BNB coin itself is a solid investment mainly because it grows in value due to the increased use about the exchange.
The principle fee is .10% for many customers on all trades regarless in the customers volume, which we believe is actually a fair technique of doing things, not favouring the whales. If you want to use BNB coin to pay the fees (which doesn’t involve any manual work on your side) in that case your fees reduce to .05% on all trades. Excellent!
4) Use of New Coins
Using Binance will give you the opportunity to buy a lot of coins which may not yet be available on Bittrex, in addition, it provides just about the most trustworthy and safe exchanges to acquire such coins and it is far simpler than muddling the right path through EtherDelta unless do you know what you are doing or have zero other choice. If you find not any other way of buying the Tokens I would always would rather buy via Binance, while I use EtherDelta.
5) Referral Commissions
Despite affiliate marketing getting a bad name over the years a very important factor is designed for sure, it functions! It generates interest plus it empowers it’s users to do the marketing rather than spending that budget elsewhere. It might find yourself with people misleading the public in the hopes of generating commissions. That's the caveat. A double-edged sword when you will.
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