Binance Review 2018: Comprehensive Crypto Coin Exchange
Binance is a Chinese cryptocurrency exchange. Binance was created after attracting funds via an ICO (Initial Coin Offering – creating a new digital asset, backed by the project. Changpeng Zhao, former CTO at OKCoin is currently at the helm of Binance. They are known for fast processing speeds coupled with an ability to process enormous numbers of transactions (1.4 million) each second. It’s been quickly gaining ground in market share cementing a place as a top 20 exchange in terms of volume.
Binance transaction has reached a new level and currently score tenth place in the world. Binance offers a generous daily withdrawal limit. They don’t need identity confirmation when the per day remittance is within limit of 2 BTC.
Binance Features
Binance’s trading platform is web-based. Furthermore it offers two distinct trading layouts, a more simple one and a “Pro” version.
Their ICO has created tokens named BNB that are traded on the exchange. They can also be used as a method of paying your trading fees, which will reduce them by 50%. Binance offers their own startup incubator platform as well. The trading functionality of the platform was of more interest so we focused on that for the purposes of this Binance review.
Below is the “standard platform” look:
Below is the advanced display:
BINANCE Advantages
Large Cryptocurrency Pairings Supported
The competitive advantage of Binance’s platform is the ability to trade every major cryptocurrency pairing in existence. Coinbase and Gemini only offer trading of a handful of the larger market capitalization cryptos, whereas Binance allows users access to trade over 100 crypto coins.
Low Fees AND LIMITS
The fee structure is simple as well as being priced. There is a flat 0.10% fee on all trading. The 0.10% fee on trades is one basis point. If you were to buy a cryptocoin at 100 you’d have to sell it higher for 101 to profit.
Ease of Setup
Setting up an account is straight forward, similar to signing up for an account with other service providers. Another advantage is there is no lengthy waiting time, users are able to get setup and running within minutes. This is due to the fact that fiat is not accepted on the exchange.
Binance Provides Significant Trading Volume
Binance is currently the third largest exchange by cryptocurrency trading volume, according to coinmarketcap. At the time of writing, Binance’s volume was an astounding $5,441,711,452 in the last 24 hours! This volume demonstrates their users clear trust in the exchange, as well as the accessibility of the exchange and ease of transacting. This type of volume requires substantial servers and computational power.
Wide Support of Cryptocurrencies
No Verification Requirements
Binance doesn’t require identity confirmation in instances when the per day remittance is within the limit of 2 BTC. The attractiveness of setting up an account with Binance may be greater for a user in a jurisdiction where certain exchanges choose not to allow new users because of restrictions imposed by that location’s governing regulatory bodies.
Ease of Use
You’re able to buy and sell crypto pairings with market or limit orders while specifying the amount or percentage you wish to trade for each transaction.
BINANCE Disadvantages
No Leveraged Margin Trading
Margin trading is not available at Binance. Margin trading is a system which allows you to trade with more money than you actually have in your account. Your balance is then used as a guarantee to maintain your position open.
No Fiat Functionality
This has both advantages and disadvantages. Government fiat deposits are not currently enabled in Binance, instead this exchange focuses only on the digital side of things. Clients can deposit and withdraw the coins supported at the exchange. This means that you’re not able to deposit or withdraw in fiat currency, only cryptocurrency is supported.
Relatively New
Binance was started in only July 2017, according to this Reddit post. This is a major concern, as they don’t have a history. Despite all the good things people are saying on Reddit. it’s worth mentioning as many exchanges have come and gone. Binance appears to have a visible co-founder, unlike BTC-E.
Conclusion
Accessible option for obtaining Different Cryptocoins
Binance is the most rapidly-growing and communally praised cryptocurrency exchange available. It’s China based location may spell issues in the future due to rumors of a “crackdown“. that currently accounts for a large amount of volume. Although Binance targets high frequency traders, it is quite useful for those getting beginning with altcoin trading. Their lack of fiat money deposits may be difficult to swallow for beginners, only supported cryptocurrencies may be deposited. Binance boasts a large number of various cryptocoins for trading.
The main benefit is the ability convert between cryptocurrencies. For instance exchanges such as Coinbase and Gemini are more limited in the number of cryptocurrencies offered. The interface is also conducive to support shorter duration hold time day trading of cryptocurrencies if one were so inclined to deploy that strategy. Binance is an exchange worth looking into and integrating into crypto trading just for their large amount of supported crypto coins.
How to Make a Modern Umbrella Robe Shirt Pattern
How to make a robe pattern is often glimpsed by tailors to be used as a reference as Muslim clothing.
For Muslim women, of course, they are no strangers to the gamis. In fact, there are many models of robes that are sold in clothing stores. So, many women are curious about how to make a robe pattern at home.
How to make your own robe pattern is quite easy, so you can apply it directly without having to hire a reliable designer.
So, are you curious about how to make a modern, umbrella and simple shirt pattern? Just take a look at the following reviews that have been summarized from various sources.
How to make a modern robe pattern
To make a robe pattern is actually very easy, if you don't know how to make a pattern like a tailor, you can use a ready-made robe. The trick, stick the cloth on the robe to get pieces of cloth on the back as well as the front.
If you want to be creative, you can add your own when making a unique and modern robe pattern. For the edges, don't forget to leave 3 cm for the seams.
The first thing to do is to sew the edges first so they don't get damaged or can be overlocked, but if you don't have an overlock machine, you can go to a rental place. Usually one cloth costs only 4 thousand. After dibras, the edges of the fabric will be much neater.
How to Make an Umbrella Robe Shirt
In today's modern era, the need for fashion has increased sharply, so to be able to make clothes, knowledge of the accuracy of the detail sizes of clothes with body measurements is needed, such as how to make a pattern for an umbrella robe.
When making a pattern for an umbrella, you need tools in the form of a pencil, scissors, ruler, tape measure and an eraser. All of these tools are used from the beginning of the pattern to the end.
To get the clothes that you want, first understand how to make a pattern of clothes, because it will affect the final result of the clothes produced.
How to make a simple robe pattern
For those of you lovers of robes, prepare the model of the robe you want to make. So that it is easy to make a robe pattern, and you can choose a robe with a simple design but also has modern elements in it.
Don't forget, to make a shirt pattern on the skirt, it is made by increasing it 2 cm. Its function is to create a curved effect on the skirt.
So, from now on you can use simple robes without having to buy them in the market first. Oh yes, don't forget to make a simple robe, you also need other model references, so that's not all the robe pattern you have made.
How to make a pattern for women's robes
Muslim women do like to wear a robe, because the robe itself is a complement to their daily appearance and other important events, if you are interested in making your own robe, follow the steps for making the following pattern for women's robes.
1. Prepare the model of the robe you want to make. For party purposes, you can choose a robe with a simple design but also has modern elements in it.
2. Prepare the basic materials for the robe along with other additional materials that may be needed to complete the robe, such as buttons or zippers.
3. Choose chiffon fabric, satin fabric, roberto cavali fabric, linen fabric, rayon cotton fabric, balotelli fabric, wolvis fabric or other similar materials.
4. Add furing cloth to the robe using a transparent base material such as chiifon cloth.
After determining the size and making the pattern of the robe, now is the time for you to cut the fabric using special scissors, so that the results obtained seem flat and smooth.
Best LIC Policy For A New Born Baby Girl, LIC Children Plan
Today, the cost of education right from early childhood is rising rapidly. Insurance policies can be a good way for parents to deal with this expenditure. For a newborn baby girl, LIC Children Plans can prove to be the best fit.
1. New Children's Money Back Plan
This plan helps you to fulfill a variety of needs of children at different stages. The basic eligibility age for this plan is minimum 0 years (time of birth) and maximum 12 years. The total age at maturity is 25 years.
This plan is an individual policy plan.
Maturity benefit will be provided which would be equal to the assured sum and other applicable bonuses.
The premium would be paid quarterly, monthly, annually or half yearly
The minimum sum assured is Rs. 1, 00,000
This policy covers maturity benefit, death benefit and survival benefit.
In this plan, the premium amount is paid at regular intervals. The child receives 20% of the total sum at 18 years of age, 20% each year again at 20 and 22 years of age and the remaining 40% is provided at 25 years of age.
2. Jeevan Tarun Plan
This plan can be a good option for children of 2 years or less. This plan has a limited pay option. You need to pay the premium until the child attains age 20 and the policy is continued until the child is 25 years of age. It is the best lic policy for new born baby girl.
The covering of risk budget can be started when the child attains 8 years, or 2 years from the starting date of plan or policy, whichever comes first.
The premium is to be paid until your child reaches 20 years and you can get the payout after 20 years of age till age 25.
The rest of the sum is given as maturity benefit when the policy terminates. There is also a death benefit of sum which is 10 times the annual premium or 125% of the assured sum. You get the one which is higher and minimum amount of 105% of total amount of premium is paid till the date.
The minimum sum assured is Rs. 75,000.
3. Jeevan Umang Plan
This plan gives insurance coverage for lifetime. This plan facilitates regular payouts from the last payment of premium till survival. If the customer dies within the period of the policy, a fixed amount of money is to be given.
The survival benefit is paid each year, which is 8% of the assured sum.
Other benefits like rider benefit, death benefit, maturity benefit and tax benefits are available.
The minimum age for entry is 90 days.
The terms for paying premium are 30, 25, 20 and 15 years. The maturity age is 100 years with the birthday which is nearest.
The minimum assured sum is Rs 2,00,000.
Premium payment is via NACH or SSS only which is paid yearly, quarterly, half-yearly and monthly.
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