The crypto money-market Binance, which began as an ICO project and began trading in July 2017, quickly became one of the world's largest stock exchanges.
What is Binance?
The crypto money-trading platform Binance, which serves users with simple membership processes and plain interface, offers close to 100 crypto (sub coin) buy-sells.
The ICO concept that solves the problem of collecting fund, which is the most important problem of start-up projects today, has made a great contribution to the Binance platform reaching this day. Thanks to the ERC20 symbol, the project is funded by generating 986 billion BNB coins worth US $ 1.5 million.
The platform allows close to 100 crypto currency exchanges with BTC and 35 sub-coin exchanges with its crypto currency BNB Coin, allowing close to 100 exchanges with Ethereum. In addition, BTC, ETH, BNB, LTC, BCC and NEO can be converted directly into USDT (Tether).
One of the most important features of the stock exchange is that it can not be traded in classical currencies (fiat currency). Transactions can be made only with crypto for money in the stock market entry was originally from Turkey, as in other foreign stock exchanges, BTC is able to log in with ETH or preferred crypto money.
Binance Coin (BNB)
On July 1, 2017, BNB, which was only listed at $ 0.11, reached record level on Saturday (January 6, 2018) and traded above $ 22. At the time of the news, it is trading above the level of 18 dollars and the market value is 1.8 billion dollars. Having 99 million BNB coins in circulation and being able to exchange with many coins in the Binance market, crypto is among the factors that increase the value of money.
How do I subscribe to the Binance stock exchange?
It is also very simple to subscribe to the stock market where you can trade (exchange) many sub-coins, as well as its use. You can simply complete your registration from the register section when you click on the link to go to the stock market's web page. (Note: The Binance team has announced that it has temporarily stopped accepting new members since January 5, but has opened new registrations periodically.) The platform offers up to 2 BTC unauthorized transactions per day and requires authentication for higher volume transactions (KYC).
Once you have completed your membership process, you can transfer the BTC to the stock exchange or the crypto money you wish by clicking on the deposit at FUNDS / DEPOSITES WITHDRAWALS.