By Nathan Ferguson
Binance US Review
Binance.US is a trading platform that started providing its services in 2019. As the name suggests, it is designed especially to facilitate the traders who belong to the United States because Binance was restricted from providing services in the US. In this Binance.US review, I will tell you about some of the most impressive features of this exchange.
As Binance itself not providing its services in the United States that is why it is redirecting its American traders towards Binance.US because other platforms are not trustable. Due to unconventional policies implemented by the US government, traders from New York and Texas are not authorized to trade on Binance.US. This is the only Disadvantage of using this trading platform and you would not find any other drawback.
Available Cryptocurrencies
Binance.US is a trading platform where you can trade more than 50 digital currencies. Not just Bitcoin but altcoins are also very lucrative and expert traders encourage traders to invest in them as well. So you will be at liberty to invest in the asset you like the most. Some of the available cryptocurrencies that I want to mention here are Uniswap, Solana, Horizon, Helium, ZCash, Nano, OMG Network, USD Coin, Augur V2, Basic Attention Token, and Ontology.
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A User-Friendly Platform
When I recall my first trading experience, I remember that my first trading platform was so difficult to use that I almost quit. But fortunately, you wouldn’t have to face the same situation if you sign up with Binance.US because it is very simple and well sorted out. You will not face any difficulty while selling or purchasing your assets.
The GUI of the platform is attractive as various colors are used that influence the mood of the viewers. But not just the looks but the tools are also pretty fascinating as they make the whole trading process simple and less time-consuming. The dashboard of the exchange is also loaded with tools and displays all the required information on one page.
Security Features
Binance.US has emphasized greatly on its security infrastructure. On various security review websites, Binance.US is rated among the top three safest trading platforms for traders. It provides safe wallets for saving cryptocurrencies and these wallets are safe as well. These wallets can be used as hot as well as cold storage.
Another important feature from the security point of view is the availability of 2-factor authentication commonly known as 2FA. When you will register yourself with Binance.US you will have to verify your identity and only then you will be allowed to trade by using this platform.
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An Affordable Platform
It is a well-known fact that cryptocurrencies are very rewarding as compared to other tradable assets. The biggest proof of this is Bitcoin itself which saw a price hike of 30k dollars in only three months period. But another fact attached with this one is that most exchanges are charging unjustifiable fees on crypto trading. By charging heavily, trading platforms swallow the profits of traders.
When you will evaluate Binance.US comparatively, you will find out that it is charging much lower than other available options. For instant selling or purchasing, Binance.US charges 0.50 percent while if you go for spot trading then the fee will reduce to 0.10 percent only. The spot trading fee even gets lower if you trade more. For example, if you cross the 50k barrier then the fee charged will become 0.09 percent.
Final Remarks
Binance.US is a fine mixture of user-friendly features and useful trading tools. The fees are also less compared to the majority of the trading platforms. If you want to trade cryptocurrencies with a reliable trading platform then I would suggest that Binance.US is the right option for you. I have conveyed the information and now I leave the final decision on you.
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