According to the hype around cryptocurrency, everyone is motivated to make money, investing in different assets. Even although all the questionable points and cons of crypto, people are still investing. As crypto trading seems to be a stressful activity, everyone needs to be confident about the safety of their assets on the responsibility of the chosen service.
How to choose a reliable exchange to buy cryptocurrency?
On what basis do you choose a bank? Whatever it was, you can’t trust random service, which was organized more recently, aren’t you? Probably, you have deals with a bank at the rtop-5 of your country, don’t you? The same goes for choosing an exchange platform – it will be easier to trust popular services, trusted by millions of users worldwide.
Is Binance a good exchange to trade cryptocurrency?
According to the analysis provided by Coinmarketcap, Binance is the #1 exchange platform at the top with the largest capitalization and volume, up to 30 000 000 visits per week, more than 360 cryptocurrencies available, and supported by more than 46 fiat currencies. Binance is suited to people who would like to trade or invest in lesser-known altcoins, making you rich.
Binance is the ideal exchange for anyone who wants more advanced charting than most other exchanges. Let’s get down to the information below to discover great Binance tips, which will improve your working process and make you feel confident about your assets.
When we successfully found out that Binance is a great exchange platform to trade cryptocurrency, let’s get down to its greatest features, making you want to buy crypto right there!
When many crypto exchange platforms are suffering from cyberattacks, there should be an opposition to prevent people from losing trust in cryptocurrency.
As Binance is worried about its reputation and the trust from customers,
The acronym “SAFU” came to stand for “Secure Asset Fund for Users.” This means an emergency reserve is held to protect any invested assets. This money would then be used to pay back investors in a hack or other event, resulting in the loss of user assets.
There is a unique option for newbies who have already been registered on the Binance, which will teach you the trading basics. Binance Academy is an area, which can suit the needs of both: newbies, who just start their trading performance, and experienced traders, who are always looking for improvement. Remember, that who owns the information, he owns the world.
With the Binance Academy app, which is available for any device, you can access any needed information to boost your productivity on the spot and future for free!
Like many other crypto exchange platforms, Binance produces its own cryptocurrency called Binance Coin (BNB). Being in the top 5 of cryptocurrencies for its capitalization, without any doubt, BNB can be listed among the most profitable and reliable coins with Ethereum, XRP, and others. You can check out its chart, where the newest BNB ATH is almost $700, to ensure its profitability and reliability.
Binance provides an excellent opportunity to trade crypto and fiat with zero fees. Before start trading on P2P, you would better watch the guide provided by Binance.
Trade on the spot with fewer risks and leverage futures and margin platforms to achieve all your trading goals and strategies. While buying crypto, you can buy it with a limit order or according to the market’s actual price. Don’t forget about risk management, using all the helpful order types, where the stop-trailing order can help you lose less than you expected.
There is an opportunity to trade equity shares through crypto coins, in which you can invest with a belief in any company available you like. If the crypto market seems too unstable for you, you can purchase stock tokens from the companies mentioned below.
Diversify your trading portfolio with stock tokens of famous companies like Apple, Microsoft, Tesla, Coinbase, etc.
While looking for the best cryptocurrency to invest in, check out Binance listings, which will help you become richer even after a couple of hours. But before trading, you should put your emotions aside to prevent putting your money at unfounded risk. Binance always warns every user about the potential risks and requires your agreement when buying something on the listing.
Add some fun and joy to your trading routine by participating in various traders competitions with mega rewards up to $100 000. Check out the Binance site to learn more.
Trade wherever you want, being limited only by internet connection. Binance allows users to trade using mobile (for Android and Apple devices), web, and desktop versions to meet everyone’s needs, making the platform more affordable for any gadget.
Does trading with a smartphone seem more comfortable for you? Binance app, which is available on all operating systems, provides two versions: lite and pro.
The Pro version will better suit experienced users who trade actively. Roughly speaking, a PC version is interpreted into a small touch screen, where almost everything is the same.
Lite is a simpler version, where you can instead only monitor prices and your deposit value and make purchases without the distraction of complex order books and charts. It will suit newbies and investors who are looking for easy ways to buy crypto.
If something went wrong, or you have any questions, you can get in touch with the Binance support service 24/7 around the clock via all popular social media.
After successfully choosing a proven exchange to trade cryptocurrency, it is time to decide what to do later. If you are a newbie, trading on your own may be as successful as you want, so we are happy to offer you a solution – Binance and BitMEX cryptocurrency signals provided by SublimeTraders. We will let you know what to buy, when to buy and when to sell; just get in touch with us to achieve the endless flow of everyday crypto signals.