The advanced view uses a dark theme and makes the trading charts larger and the latest trade prices are displayed on the right with the buy sell boxes underneath.
Which you choose is a matter of preference really, I like the lighter colored basic view and find the layout a little easier to use.
Binance Signup & Login
To use the exchange, users will first have to create an account. The process behind this is fairly simple and straight-forward and you don't have to verify your account for level 1 which is a 2BTC daily withdrawal limit.
For level 2 which allows up to 100BTC per day, you need to upload a photo ID and wait till you are approved. There are higher limits still, but you will need to contact them directly to arrange that.
Time for verification can vary depending on how busy the site support staff are, so make sure to plan ahead if you wish to withdraw larger amounts and make sure this step is complete before depositing and trading large sums on the exchange.
Binance Review
A crypto exchange guide must provide reviews of all of the crypto exchanges out there, so that you can find the right one for you. This review of Binance consists of four parts: general info, fees, deposit methods and security.
General Info
Binance is an exchange previously based in Hong Kong and is one of the absolute giants in the industry. It launched in July 2017 and has then really developed into the market leader among cryptocurrency exchanges. The business department at Binance did however ask us to specify that the company was based in Malta, and not Hong Kong. Malta is together with Estonia and Gibraltar one of the few countries in Europe that has developed explicit license requirements for cryptocurrency exchanges.
Binance regularly places itself on no. 1 or at least top 3 in terms of 24 hour trading volume, meaning that it is regularly the most (or at least one of the most) trusted exchanges in the world. On 14 April 2020, right in the middle of the crisis with COVID-19, Binance had a reported 24 hour trading volume of USD 4.0 billion (the highest in the world) and a 30 day trading volume of USD 139.7 billion (also the highest in the world). Binance is the dragon among dragons when it comes to crypto exchanges.
Futures Trading
On 17 September 2019, Binance officially launched their futures trading. Futures are also known as option contracts. An option contract is a contract that gives the holder of the option a right - but not an obligation (thus an 'option') - to buy (call option) or sell (put option) a certain asset at a certain price. Certain options give you the right to exercise the option whenever (before expiry of the contract), and other options are only permitted to exercise during a specific date. The former are known as American Options, and the latter are known as European Options.
Trading Alternatives - Basic & Advanced
Binance-users have the opportunity to choose between two different trading alternatives. The first one is called basic, and does not cater as good to people interested in more detailed technical analysis as the advanced version does. None of them can really be considered extremely easy-to-use though. The basic version's trading view looks like this:
In the advanced version, the charts take up more space. As in the basic version, the trade history is on the far right. The buy and sell boxes however, are here in the low right corner (instead of in the bottom center as in the basic version). It is of course up to each individual to decide which trading view suits him/her best.
Binance Supported Cryptocurrencies
Binance supports a very large number of cryptocurrencies, several hundred of them. This makes it one of the exchanges in our Cryptocurrency Exchange List with the most supported cryptocurrencies overall. Apparently, the platform also has some form of quality assurance system. This system ensures that projects that have once qualified to be listed but later fails to meet such qualification requirements are delisted. For instance, on 15 February 2019, Binance decided to delist the following five cryptocurrencies: CloakCoin, Modum, SALT, Wings and Substratum.
Binance OTC Trading Portal
In an email to its users on 14 April 2020, Binance announced the release of its OTC-desk. With an OTC Trading Portal (OTC is acronym for Over The Counter), you can execute larger trades without any risk of 'slippage', which is what we call price movements due to large transactions.
In this OTC Trading Portal, there are no trading fees and quick settlement. The minimum trade size for the OTC Trading Portal is an equivalent value of 10,000 USDT, and 25 different coins and tokens will initially be available for trading. Users simply need to have a KYC verified (level 2) account on Binance.com to begin trading.
US-investors
Binance has for a long time accepted US-investors for trading at the exchange. However, on 13 June 2019, they announced that they will launch a an American version of the trading platform. The American version will be an all-out fiat-to-crypto centralized exchange. On 12 September 2019, they followed through on the announcement and restricted US-investors from using the main Binance-platform:
'After 90 days, effective on 2019/09/12, users who are not in accordance with Binance's Terms of Use will continue to have access to their wallets and funds, but will no longer be able to trade or deposit on Binance.com.'
The CEO of Binance, Changpeng Zhao, tweeted about this and said 'short term pains may be necessary for long term gains'.
If you're from the US and you need to find an exchange that will accept your trading in the future as well, we recommend you to check out our Cryptocurrency Exchange List
Team
This exchange has a very strong team in all possible aspects. The CEO of Binance is actually one of the forefront figures of the entire cryptocurrency industry (together with Satoshi Nakamoto and Vitalik Buterin).
What is a Binance discount coupon?
At 1001couponcodes.ca we believe that getting a discount is much more fun! So we offer the best discount coupons Binance for free. Together we also provide special offers, links, exclusives and many promotions totally at no cost to you.
On our coupon site you can find Binance special offers and deals Binance, plus thousands of offers from the largest and best online stores in Canada and the world, we filter only the most trusted stores with good customer service. We also check out store specials and make them available to our most special readers. You can make your purchase at Binance and get a discount using the Binance discount coupons that we update daily.
We usually highlight coupons that are valid for the entire store, in percentage and then fixed value.
Our goal at 1001couponcodes.ca is to follow the whole internet and publish on this portal all the savings opportunities when it comes to buying, either in the form of discount coupons or event offers. For example, check out our Dollar2host Coupon Codes or Simons Coupon Codes, they have daily new offers and coupon codes. Through discount coupons, our readers get exclusive discounts on their purchases at Binance and thousands of other establishments. Our site is free, here nobody pays anything to use a discount coupon!
The Binance discount coupon (also known as a voucher, gift certificate, discount voucher, promotional coupon, discount code, or promo code) are codes used by online stores to convince undecided customers to complete their purchase. If you enjoyed the discount offered by our coupons, we recommend that you checkout immediately as they have very limited validity.
How to use this discount coupon Binance?
The Binance coupon can appear in two ways, a code to enter in the shopping cart during checkout, or a specific link that applies an automatic promotion or redirects to a special offers page. Here's a walkthrough to understand how to use the discount coupon Binance:
- click on "get coupon";
- copy (ctrl c) the coupon code and click "go to store";
- Some coupons are available in link format, so be smart, because when you enter the store you should realize the discount applied to the products;
- navigate to Binance and choose the product you want. put it in the shopping cart, paste the coupon (ctrl v) into the field called "discount coupon" or "gift card";
- see if the discount was applied correctly. the best coupons expire soon, so we recommend finalizing your purchase.
- If you enjoyedTell everyone how you got a discount on Binance!
What is a Binance coupon code?
A coupon code from Binance is a alphanumeric code that you use to get the discount on your order. These Coupon Codes are also called coupon code, promotional code, discount code, promo code or voucher. Webshops from around the world use these types of codes to give discount to their customers on certain products or orders.
Our top 5 stores in Bitcoins:
How can I use a Binance coupon code?
An action code or promotional code from Binance Can be used in two ways. The first way is by simply clicking on "SHOW CODE", copy the code and paste it into the shopping cart of the webshop. The other way is by clicking on 'VIEW OFFER', you will then be redirected directly to the webshop and the discount will be applied automatically.
How do you find a couponcode at 1001couponcodes.ca? First of all, look for the desired store in the search bar at the top of this page. Are you looking for a particular product or brand? Then you can type it in the search bar. You can also find your desired webshop in our "SHOPS A-Z" or "CATEGORY" overviews. If you've come to our webshop page, choose a coupon code or offer you'd like to use.
- Copy the couponcode from Binance by clicking at "SHOW CODE" or "VIEW OFFER"
- Does a coupon code appear? Then you can copy the code by clicking at the button "COPY"
- Does the modal not show a coupon code? Then you can click directly in the big blue button "VISIT Binance
- On the Binance website select one or more products and place it into the shopping basket. When you are finished, then have a close look at the basket. Just before the actual checkout, there is somewhere the option to enter an action code, promo code, voucher or coupon code. You paste (CTRL V) here the previously copied code and the discount is applied immediately.
- Please check if the discount has been applied correctly, as it may occur once you're just late and the coupon code has expired. It may also be that the coupon code is only valid for a particular product. In that case, you can just get a new coupon code from our website. It is therefore important that you read the terms of the coupon code.
- Successfully? Then share our Coupon Codes, promotional codes, promotional codes and offers with your friends and family, so they can also make use of additional discounts.
FAQ
What are the current promo codes or offers available for Binance in October 2023?
Currently, 42 promo codes and deals available for Binance:
Coupon code Binance get 20% more on crypto purchases Binance discount coupon 50% on CASHBACK = 10% on trading fees + 40% of your friends' trading fees when you invite them to trade on Binance
Sign up to Binance and earn 10% of CASHBACK at trading rates
Coupon Binance 10% OFF your purchase
How much can I save at Binance?
In the last 30 days, 279 members have saved on average 50% OFF at Binance.
How do I use Binance coupons?
To use a Binance coupon, copy the related promo code to your clipboard and apply it while checking out. Some Binance coupons only apply to specific products, so make sure all the items in your cart qualify before submitting your order. If there's a brick-and-mortar store in your area, you may be able to use a printable coupon there as well.
How many Binance online coupons are available?
There are currently 100+ Binance online coupons reported by Binance. These deal offers are available online, including 42 coupon codes. Today alone, users have collectively cashed in on offers.
How to save money at Binance?
You can save money at Binance by using one of the current Binance coupons from 1001couponcodes.ca. Right now, the most you can save is 50% off.
How long do Binance coupons last?
The Binance promo codes that are currently available end when Binance sets the coupon expiration date. However, some Binance deals don't have a definite end date, so it's possible the promo code will be active until Binance runs out of inventory for the promotional item.
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