Binance Beginners Guide | Trading, Future trading, Us Margin

Binance Trading

What is Binance?

Cryptocurrency exchange Binance is the largest exchange in the world in terms of daily trading volume of cryptocurrencies. Binance was  founded in 2017 and is registered in the Cayman Islands(Overseas Territory, British). Founder of Binance is  Changpeng Zhao, a developer who had previously experience in creating  high frequency trading software.

What is Binance used for?

Binance is an online platform where user can exchange and trade crypto currencies. It supports commonly traded Crypto. Binance is a secure platform that provides a crypto Wallet for traders to store their electric funds. Binance also has supporting services for their users to earn interest and transact using crypto currencies.

Future Binance trading

Traders can buy low and sell high and can sell high and buy low to benefit from any price fluctuations.  There are different strategies like  Grid Trading and Twap, etc.

 

what coins are on binance US

Binance Global platform offers hundreds of available crypto currencies and is one of the top Digital money exchange in the world, But its Us Partner Platform is more limited, they offer just 64 available crypto currencies and is not available to user in Connecticut, Hawaii, Louisiana, Network, Texs, Vermont, Idaho. But it is a decent option for many crypto traders because it has valuable educational resources and low fees.

what coins does binance us support?

You can buy and sell over 64 cryptocurrencies on Binance Us Including:

• BitCoin [BTC]
• Ethereum [ETH]
• CHainlink [Link]
• Stelalar [XLM]
• Tether [USDT]
• Harmony [HNT]

what is p2p binance?

P2p Binance is introduced in late 2018 to enable P2P Crypto Exchange transaction using local currencies. P2P user can post trade advertisement to sell and buy crypto using fiat currencies with zero add fees.

P2p means peer to peer market place where you can directly trade crypto with other binance users. You can you your preferred payment method , local currencies and price.

Binance US margin

According to official Binance website users can enjoy a promotional interest rate, with the annual rate starting at 6.19% when borrowing BUSD on the binance Margin Platform. Binance User can enjoy a  promotional interest rate, with the annual interest rate starting at 9.30% when borrowing USDT on the binance Margin Policy.

what can you buy on binance?

Binance Users can easily buy Digital currency like Bitcoin and other CryptoCurrencies using a wide range of payment option, Credit , debit card and bank transfer. Binance working only with verified and trusted partners to give its users a secure and seamless crypto-buying experience.

PROS AND CONS BINANCE