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.
The Impact of Habits of Telling Lies on Health
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The value of honesty has been instilled in us since childhood, both by parents and by teachers at school. But as we get older, there are still people who consider liar habits. For them, small lies do not make sense and can still be understood. In fact, all big lies begin with trivial dishonesty.
Believe it or not, lying is addictive. Especially if after lying, they don't catch you. Therefore, don't be surprised if there are still many people who maintain this bad habit. In fact, because lying can have a bad effect on you, you know. If you don't believe in me, try reading the review below.
Lying habits, which can be identified through psychopathic tests, can be a sign of psychological disorders in you, such as personality disorders and antisocial personality disorders. Not only that, certain conditions, such as brain disorders due to physical injury or hormonal disorders in the brain, also believe that a person will often lie.
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Lying can drain energy and thoughts, which will affect the movement of people who lie. Therefore, people who lie can be recognized by their facial expressions and body language.
Here are some signs to recognize someone who lies:
- Avoid direct visual contact with others
- He looks nervous, how about biting your lips and touches something in your hand
- Volume that is inconsistent with telling stories
- Facial expressions are not in harmony with what is said, how to shake your head in responding to "yes"
- Give a lot of details of the story that is sometimes not very important
- Experiencing difficulties tell stories, such as sudden stuttering or often smart
- Try to divert or change the topic
The influence of the habit of saying is on health
Not only the bad effect on relationships with people who, lying habits can also affect health conditions. This is because someone will feel that physically and emotionally when it lies, especially if one lie is followed by another lie. In the long run, this condition will cause stress.
Research shows that the stress experienced by someone who is lying can trigger various health problems, such as high blood pressure, obesity, anxiety disorders, depression and even cancer.
Meanwhile, other research has shown that honest people tend to have a better relationship with people around them and have a lower risk of disease than people who lie a lot.
Although sometimes it can be difficult, false habits can be broken with strong determination and will. If he feels like he lies a lot and wants to stop him, try to find out and identify factors or situations that make him lie a lot. After that, think about whether there is a way to avoid situations or keep dealing with it, but try to be honest.
In addition, it also ruins bad thoughts about things that can happen when you try to be honest. Even if you feel bad at times, trying to be honest and learn to accept the reality will help you learn and process to be better.
The Prophet sallallaahu 'alaihi wa sallam said:
الصِّدقَ لَى البرِّ البر لَى الجَنَّةِ وإنَّ الرَّجُلَ لَيَصدُقُ اللهِ اً . الكَذِبَ لَى الفُجُورِ الفُجُورَ لَى النَّارِ وَإِنَّ الرَّجُلَ لَيَكْذِبُ يُكتَبَ الله اباً ( لَيهِ)
"Indeed honesty will lead to goodness, and kindness will lead to heaven. And indeed, a person is honest until he is written with Allah as an honest person. And verily, lying will lead to ugliness and corruption, and such ugliness and corruption will lead to hell. And indeed a person continues to lie until it is written with Allah as a liar."
(Muttafaqun 'alaihi)
Why Is Ali Asgar the Best LIC Agent?
To find the best LIC policy for you and your family's future, all you need is a great LIC agent to guide you through all the available plans and policies and help you decide which one is best, according to your investment capacity. That takes a lot of time and experience for LIC agents to offer their clients the best possible and most suitable plans. This experience comes with communicating with multiple clients daily to provide the best deals for their money. The main goal of these LIC agents is to persuade the clients to choose and trust them with investing the client's money.
Ali Asgar is an LIC agent in Delhi. With his prudent and hardworking nature, he has emerged as the top LIC advisor in Delhi and is one of India's top LIC advisors. He is a gold medalist LIC advisor who serves his clients with the golden opportunity to answer all questions and queries regarding the plans and policies related to the right at your doorstep. This means along with your questions and queries, you can also feel secure about the investment plans.
As the top LIC advisor, Ali Asgar has set up a team of renowned and diligent professionals that look at all the possible plans for you and choose the most accurate one out of them all. All of the client's financial requirements are looked at and are handled by him and his team with excellence. Each team member works diligently to find the LIC policies best suited for ensuring a better future that is more financially secure and less worrisome.
Ali Asgar has been in this field for a long time and presently caters to more than 200 clients. He has been very efficient in selling policies to these clients and has sold more than a thousand policies in only ten years. These plans have been very effective since people come back to him again and again, making him the most demanded LIC advisor.
He has also received many awards to recognize the brilliance that he's shown in his work. They include the MDRT Award, Gold Medalist, Shatakveer award, Top 30 Award-the list is never-ending. This has helped Ali Asgar and his professional team to garner the trust of the people of Delhi NCR because he's earned the title of number one LIC Agent of Delhi.
Ali Asgar and his team provide their services in homes across Delhi, Gurgaon, Noida, Greater Noida, Ghaziabad, and Faridabad.
The services that are provided by him and his team are:
*LIC Policy Advice
To get the best policy advice and secure a financially stable future on behalf of you and your family, book an appointment with Ali Asgar and get the best LIC policies delivered to your home.
*Agent Training and Support
Ali Asgar offers one-month training to provide incoming agents the skills to become the best agent in their field.
*Remote calling and outsourcing
You also get to speak with the professional team remotely, so you don't have to go to their offices.
The LIC agents earn a commission-based living. They get their money by selling particular insurance. Some insurances pay better commission than others, and many will try to sell those particular deals. However, a good LIC advisor like Ali Asgar will always put the customer's needs before their own.
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