Binance review

Binance is one of the largest crypto exchanges globally in terms of trading volume. It is the world’s most trusted exchange which was established in 2017 and offers traders some of the most competitive trading fees.  Users also get bitcoin wallets where they can store their cryptocurrencies. Binance supports bitcoin purchase through debit/credit card and bank wire transfer and it is also ideal for OTC transactions. User can enjoy staking bonuses for more than 23 cryptocurrencies.

Please note that fees may vary based on your country or purchase amount. 

  • Least trading fees

 

  • Offers staking bonuses for 23 cryptocurrencies where users earn 1-25% interest for holding cryptos in their account

  • Debit/credit card purchase of bitcoin supported

  • Cryptocurrency purchase via wire transfer allowed

  • SAFU fund where 10% of the profits are kept which acts as surety for users’ funds against hacking

  • High buy orders and liquidity

  • Relocation of the exchange’s headquarters because of cryptocurrency regulations

  • Restricted payment options

Binance: A Trusted Exchange

Binance is the most trusted crypto exchange globally and its safe to buy BTC. Binance exchange processes 10-15 billion per day. The exchange charges the lowest trading fees in the industry and its founding team has had a massive impact in the cryptocurrency sector.

Binance Vs. Others

Besides Binance being the most reliable cryptocurrency exchange in the world today there are other exchanges where users can buy bitcoin safely and at the best price. Here is how Binance compares to other exchanges.

  • Kraken has 2.2 million daily users

 

  • Daily trading volume 100-300 mln

  • OTC kraken

  • More than 30 cryptocurrencies supported

  • Available in 180 countries

  • Trading charges 0.1-0.42%

  • Enjoys 12 mln Daily users

 

  • Trading volume 10-12 bln per day

  • OTC Binance

  • Supports more than 190 cryptocurrencies

  • Available in 180+ countries

  • Least trading fees

  • Most Trusted to buy btc

  • Enjoys more than 1 mln daily users

 

  • Daily trading volume at coinbase is 500 mln

  • Over 20 cryptocurrencies supported

  • Available in more than 100 countries

  • Trading fees up to 2%

​We receive an affiliate commission when you buy bitcoin via our link. Profit will be used for blockchain ecosystem development purposes. By using this page, you will agree with the disclaimer.

Disclaimer

The information provided by the website is for educational purposes and should therefore not be considered as investment or financial advice by those who use the website. Note that cryptocurrencies have a considerable amount of risk and thus the need to consult with your financial advisor so that you can understand the risks involved. Avoid trading with money that you cannot afford to lose because there are no guaranteed profits. 
About US
The BestPlacetoBuyBitcoin website is strict to be used for research. It was designed as a professional guide through which traders can identify the three best cryptocurrency exchanges through which they can invest in cryptocurrencies. The information provided on the website is based on a strict analysis of the services provided by the exchanges with the highest trading volumes. We evaluate various factors including a comparison of trading volumes, cryptocurrencies listed, trading fees, the payment methods supported, number of users, and the countries where the exchanges are available. Our goal is for our website to be a useful tool through which people can select the ideal cryptocurrency trading platform. We aim to act as a guide that will help traders avoid the many scam platforms out there, and instead focus on helping them find a legitimate service that will align with their interests. We are proud to be a part of the blockchain and cryptocurrency movement and we select the best platforms that are suited especially for beginners in the crypto space.
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