Binance, World's Fastest Crypto Exchange Platform Starts Trading On July 15th. What Do You Need To Know?
Binance just completed its successful ICO and is going to open for business in less than 9 days from now. Below is the summary of what you need to know about Binance Crypto Exchange.
1 Coin to coin exchange only.
2 Bitcoin(BTC), Ethereum(ETH), Antshares(NEO/ANS), Litecoin(LTC) Binance(BNB) will be traded .
3 Binance will be the worlds fastest exchange platform with matching order speed up to 1.4 million orders per second which is far beyond any platform currently.
4 Binance is the world's first multi-language exchange platform. English , Chinese, Japanese and Korean (according to their white paper) and other languages will be added later.
5 Onchain CEO/ AntShares Founder Da Hongfei is a key investor/advisor for Binance
6 Exchange services including spot trading, margin trading, futures, anonymous instant exchange, Decentralized(on-chain) exchange
7 Fees....
Exchange Fee - Binance initially will charge a 0.2% fixed fee per trade. Other
variations will be subsequently introduced, including
maker-taker, volumed based tiering and 0 fee promotions.
We have no plan to charge above 0.2%.
Withdrawal Fee - Binance may charge a small fee for withdrawals.
Listing Fee - Binance will select innovative coins and other assets to be
listed on the exchange, there may be a fee associated with
those listings.
Margin Fee - If you trade on margin, there may be a fee or interest on the
borrowed amount.
Other Fees -There may be other fees the platform may collect for various
services such as automated algorithmic order etc.
*Note - Binance will be the second exchange in the world trading BTC-ANS (Antshares/NEO) besides Bittrex Exchange.
Will update this post when more information available. Please feel free to correct or add more details in comment section.
Antshares(NEO) Facebook group https://www.facebook.com/groups/NEO.Antshares/
Binance Exchange link https://www.binance.com/en.html#top
nice idea
Thanks for sharing. I agree with you. Binance is become top 5 Crypto exchange already this month. I bought BNB , NEO , POWR ,OMG @ Binance Exchange also. So far very good. Love it !They have a tons of promising coin to trade. binance.com I think it ‘s better than bittrex and Poloniex
I research about Binance Exchange before i trade here. New trader should read this Binance Review Good Luck!!!
For anyone needing a Binance referral link in order to join while public registration is closed: https://www.binance.com/?ref=16937568
How does the exchange compare to BitShares? https://twitter.com/bitshares/status/881048117751160832
Disclaimer: I am just a bot trying to be helpful.
Wow. Did not know this.
Why so many BitShares transactions? Obviously nowhere near the amount of money is being transferred, but why is it transferred so often? Fees? I need to look into BitShares further it seems!