Cryptocurrency traders often find it challenging to decide which crypto exchange is best suited to their requirements. Since many cryptocurrency exchanges allow us to buy, sell and hold our crypto assets, sometimes it becomes difficult for beginners to select one. This article is for you if you are one of those investors who have just entered the crypto article. In this article, we will talk about the world’s largest cryptocurrency exchange, Binance; however, before going deep, let us first understand that there are numerous factors that investors should consider when picking a crypto exchange. These factors include the history of the cryptocurrency exchange, its safety and security features, supported assets, fees, and payment methods.
Established in 2017, Binance is the leading crypto exchange in the world today. The platform allows crypto-to-crypto trading in 600 plus cryptocurrencies and virtual tokens. These include Bitcoin (BTC), and Altcoins like Ether (ETH), Litecoin (LTC), and Dogecoin (DOGE), along with its own token, Binance Coin (BNB). If you are an investor who doesn’t want to keep your digital assets with an exchange, then Binance is for you as it also provides a Trust wallet for investors to store their electronic funds.
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