Not ideal for beginners
Poor customer service
Launched in China, in 2017, Malta-based Binance is among the most popular crypto trading exchanges globally. In 2019,
Binance allows you to buy, sell, and trade cryptocurrency, charging 0.1% on trades. You have the option to earn interest on your coins by staking them for a while and earning an interest rate of between 0.5-10%.
You can purchase crypto using bank deposits, bank transfers, and credit/debit cards, so there are a lot of payment methods to choose from. However, a heavy 4.5% fee is charged on debit card purchases.
For security measures, Binance has an
asset fund as insurance in case user funds are stolen and a 2-Factor Authentication system (2FA), although reviews have reported glitches with the authentication system.
Effects of CBN ban on Cryptocurrency in Nigeria, What Next? withinnigeria.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from withinnigeria.com Daily Mail and Mail on Sunday newspapers.
If you are from the UK and are looking for the best crypto exchange that will allow you to engage with some of the best cryptocurrency trading options out there in regard to Bitcoin in 2021, you have come to the right place.
You might be aware at this point in time, especially if you have been doing some research, that there are hundreds of platforms that allow you to buy, sell as well as trade Bitcoin online, however, which one of them is actually worth using? With so many variables to consider, such as the fees, banking methods, currencies supported, ease of use, community, support, availability in the UK, licensing, and so on, you can simply get lost in all of it.
The Top 6 Best Crypto Exchanges With Low Fees benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Read more about Global crypto exchanges scout entry into India despite potential ban on Business Standard. US-based Kraken, Hong Kong s Bitfinex and rival KuCoin are actively scouting the market, says report.