Recently I began using Binance for the first time along with the experience has been quite simply excellent.

I traditionally traded on Bittrex when evaluating lower cap alt coins but during the last few months Bittrex may have slowed down, and turn into more buggy than normal with laggy chart data and delayed notifications (like hours late).

I originally switched to using Binance as a result of them listing some unique projects unavailable on Bittrex yet such as IOTA and WTC, two solid projects which have been storming in the coinmarketcap rankings.

Why I really like Binance and which are the benefits?

Below are some factors why I am enjoying using Binance.

1) Forks

Many web and exchanges wallets don’t shell out your Bitcoin fork coins very quickly, in reality since publishing 4 months on Coinbase users still don’t have their Bitcoin Cash.

One benefit with Binance is when quickly they support forked coins. Just about once a fork happens you will get that same number or equivelent variety of coins from the fork with your wallet should you hold Bitcoin on the exchange.

So, far on Binance I actually have had Bitcoin cash, Bitcoin Gold, Bitcoin Diamond and Bitcoin silver the name a few.

2) Airdrops

Airdrops really are a fairly new marketing tactic for first time coin owners that has mostly been rewarded to Ethereum holders while using MyEtherWallet however Binance has become supporting an increasing number of these free airdrops the place you literally review your account and think “I didn’t purchase these “wait and coins”, what even are these coins”. It’s a very important thing because it’s free but the aim of the coin creators would be to encourage one to then research the coin and hopefully buy more. Either way selling these could be a nice little bonus for your crypto portfiolio.

3) Fees

The fees on Binance may be reduced automatically by opting straight into pay employing their own BNB token, it is a smart idea and also shows that the BNB coin itself is a solid investment because it grows in value because of its increased use around the exchange.

The key fee is .10% for those customers on all trades regarless from the customers volume, which we believe is really a fair method of doing things, not favouring the whales. If you decide to use BNB coin to pay for the fees (which doesn’t involve any manual work from you) then your fees reduce to .05% on all trades. Excellent!

4) Usage of New Coins

Using Binance will give you the capability to buy plenty of coins that may not be available on Bittrex, furthermore, it provides one of the most trustworthy and safe exchanges to get such coins and is also far simpler than muddling your way through EtherDelta unless you know what you are carrying out or have no other choice. While I use EtherDelta if you have no other strategy for purchasing the Tokens I would always choose to buy via Binance.

5) Referral Commissions

Despite internet affiliate marketing acquiring a bad name over time something is perfect for sure, it works! It generates interest and it also empowers it’s users to complete the marketing rather than spending that budget elsewhere. It can end up having people misleading people in the hopes of generating commissions. That’s the caveat. When you will, a double-edged sword.

For more info about Binance la gi take a look at this web site