I am using binance exchange from about 6 months and i have very positive view for this exchange . Binance has some amazing features which i will discuss today .
☆ TRADING SPEED
Binance is capable of handling 1,400,000 orders per second. I think this is fastest exchange in market and thats why most of the people like to do trading on this exchange .
☆ MONTHLY CONTEST TO LIST COINS
To make their customers happy and to give them importance , Every month binance do a contest to decide a new coin that the community wants them to add support on the exchange. Thats why binance is different from other exchanges , they always listen to their customers opinion and give their best services . They have a very active team and also they always reply to their customers whether its telegram or twitter . If any one have any query they can directly ask them . Also u want binance to list any coin you also can take part in their contest and vote for your favourite coin .
☆ BINANCE SUPPORTS ALL FORKS
If there are any forks happening with coins on Binance's exchange they distribute the coins they receive with no questions asked. Binance makes an effort to pay your dividends every time is a win. While other exchanges like bittrex never support or rarely supports any fork. They never share their profits .They just making their own money . Thats also a main reason that binance attracts most of the people to trade on their platform .
☆ BINANCE LABS
Today most of the people like to trade on binance excahnge only . Bianance also have an incredible long term vision and are invested into the space. Like If you're a cryptocurrency startup, interested in startups, looking for funding, looking for advisory help, and anything else related to getting the journey started then Binance Labs . May be they became a solution for you . They are trying to boost up the new starter in this field of cyrptocurrency and trying to help them in their starting phase.
☆ DECENTRALIZED EXCHANGE VISION
Binance has planned many things for their long term . They have lined up a set of goals and improvements for their exchange . Also they have one goal that is mostly demanded that is Decentalised exchange . They are trying their best to make this possible . As we all know decentralised exchanges are the future and binance are working in this way .
In my previous post i have mentioned why decentralised exchanges are best . So , if u want u can read that post.
☆ LOTS OF LISTED COINS AND HIGHEST TRADING VOLUME
Binance have a 24HR Volume Record of 5.5B$ and confirmation of surpassing 3,000,000 users. Mostly you guys always see that in bearish market also binance has high volume than other exchanges. This no. Is increasing day by day and making this exchange huge . Also binance have more than 373 cryptocurrency trading pairs which is way more than other exchanges .
☆ Low Fee
Binance normally charge 0.1 % for trading fees but If you have BNB, you can choose BNB to deduct 50% trading fee which is 0.05 % . This is the best strategy of binance that they are providing this low fee facility and at the same time increasing value of their BNB coin , because u have to hold their BNB coins and get rewards or low fees.
☆ CHARTING AND TRADING FEATURES :
Therea lot of features available in binance like they offer Market and Limit orders. Market orders allow you to buy whatever the going market rate . Limit orders allow you to decide what price you want to enter in. They also have a Stop-Limit, which operates in such a way that when the price reaches are certain point it will then place your order to buy/sell on the book.
They also offer % fixed bid options .
Like u can sell / buy coin just by selecting % of how much u want to sell or buy .
Example - 25% , 50% ,100% .
Also they offer a chart screen on which u can also add indicators to make your trading easy . When you use binance you will understand this easily and within some days it becomes handy to use this exchange .