Binance broker is a cryptocurrency exchange platform regulated in more than 10 different countries. It currently have the largest trading volume in the world with about 3.6 trillion trade. Binance was founded in 2018 by Changpeng Zhao, the CEO. Ever since the platform starts to exist, it provides expertise services.

Binance is a cryptocurrency exchange platform with advanced trading tools. With binance you can trade spot and futures, you can equally stake and mine cryptocurrency. The platform is user-friendly and rated top 1 for beginners and businesses owners.

Binance is beyond exchange, wallet providing and cryptocurrency market place. Therefore if you are knowledgeable enough with crypto, you will know that this platform offer a lots of service to people including myself. Visit platform 

What is Binance Used For?

You can use Binance for cryptocurrency exchange, wallet as services and crypto mining. You can use binance to trade, store and mine crypto. It’s the cheapest and largest provider of crypto liquidity market.

Now, let’s look at the platform as a cryptocurrency exchange service provider.

Binance Trading: the broker offer user spot and futures trading. The future trading from binance is one of the best service you can get from the exchange platform. It’s user-friendly and fast delivery unlike other brokers.

Binance futures allows you to speculate on two different cryptocurrency, for example, BTC/USDT. When you use the buy long and sell short butten vise versa, you get win or lose after the time expires.

Binance spot allows you to exchange your cryptocurrency to one another with little or no fee in less than seconds. The spot trading at binance is one of the amazing things that keeps me there, as I like to allows trade any coin to usdt before heading to p2p.

This feature comes with best interface and user-friendly look. Both of spot and futures allows you to view markets in real time. You can view the candle sticks to understand the market movements.

Binance Wallet

Binance is one the best cryptocurrency wallet provider to individuals and institutions. The wallet as a service is different from from others with its focus on low fee transactions, fast performance and secure. You can receive and send any coin with binance wallet, however it’s very easy to use and traceable on transactions.

This is for individuals looking to store, send and receive cryptocurrency. For business purposes, organisations or companies can decide to tap into binance technology, this allows you to use API and binance tech field to build applications for your business.

How to Start With Binance?

Let’s start with authentication, the platform offer seamless onboarding process of users to the app. This is the start steps to buy and sell coin on the platform crypto market, therefore, you need few information to start using the app. First, Download the app input your information to create account.
Complete verification with your ID and start using the app.
Next is add up security steps to harden your account. You can do this by adding 2FA for loging and withdrawal. The platform provide the safest environment for users to invest. You can choose to complete transaction using your key chain, email or phone verification and Google authenticator.

App And Web Support

The exchange provide Support in different ways, including live chat, phone, email, FAQs, telegram, and other social media channels.

If you are looking to get Support from the exchange platform, you might not go far to solve your problem. My review so far on binance Support is 5 star, because their response to me is instant on live chat. Apart from live chat, you can now go live on stream and ask questions publicly. The broker is advancing in different good direction that all you to be in control of your finance completely.

Is Binance Safe?

YES, binance is very safe and reliable to use. If you are looking to start transacting in cryptocurrency, then binance is an all-in-one solution for you. It allows you to get airdrop, pool share and every other gift available. The exchange is a highly recommended cryptocurrency service provider with 8 years of experience. You might consider opening account if you don’t have one.

BNB Token

The BNB coin is the native token of Binance which is built under smart contract (BSC).

The coin was first launched in 2017 at the price of 0.109 and now higher than you can imagine.

BNB is still a good coin to buy in 2024 as it’s still cheaper compared to bitcoin and ethereum. Our analysis for the highest price of BNB this year is $1200 and lowest price is $545.

Conclusion: How Much is One Binance Coin?

Despite legal challenges against binance, it still remains best, that’s because it have gained popularity from it’s services. Ranging from Binance BNB, web3 services and other tech support to businesses owners.

You might be reading this review for information like legal information, how to Start With Binance APP, BNB coin, API, smart contract, it’s legitimacy and technical support
Well, the binance coin is also BNB and serves as native token and smart contract project. The current price of 1BNB is $638 and is still going up. You can buy this binance coin by visiting official website or download the app and buy it via p2p, credit card or other ways on the platform.