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.

Honor Your Parents Before It's Too Late

In Japan there is a tradition of throwing parents into the forest. Those who were discarded were helpless parents so they did not burden the lives of their children. One day there was a young man who intended to throw his mother into the forest, because the mother was paralyzed and rather senile.

The young man seemed to rush through the forest while carrying his mother. The mother who looks helpless trying to reach every branch of a tree that she can achieve and then break it and sprinkle it along the path they live. Arriving in a very heavy forest, the child dropped the mother and said the word separation while trying to hold back the sadness that he did not expect to do this mother's actions.

It is precisely the mother who looks tough, in her smile she said: "My child, my mother really loves you. Because you are a little adults, my mother always takes care of you with all my love. Even now, my love because having love has not been reduced in the slightest. Previously the mother had marked along road. What we experience with wooden branches. Mother is afraid you will get lost, follow the signs that you are safe at home ".

After hearing these words, the boy cried very loudly, then immediately hugged his mother and brought him back to bring home.

The young man finally took care of the mother who loved him so much that his mother died.
'Parents' are not garbage goods that can be discarded or ignored after being seen obsolete or helpless. All parents' souls are seeing their children get the happiness they deserve even though they have to suffer.
For them, the success of a child is the success of parents in educating their children and the failure of their children is their failure in educating their children. Every detail of parents' life is centered on how a child can succeed.

Because when you succeed or when you are in a difficult condition, only parents understand us and their minds will suffer if we are difficult. Our parents never leave us, whatever our situation, even though we don't respect it and even rude to our parents. But our father and mother will still love us.
Let's contemplate, what we have given to our parents, whatever value is certain and of course will not be comparable to the sacrifice of our mother and father.

There is a steel entrepreneur/owner of PT. Artha Mas Graha Andalan.
When asked about the secret of his success as an entrepreneur, the answer is concise:
"Make your parents king, then your wealth is like a king".
The businessman who now lives in Cikarang also tells the story that the great and successful people he knows all treat their parents like Kings.
They respect, respect, serve, and prioritize their parents.
This man from Banyuwangi said, "Don't treat parents like servants". *
Or parents are asked to care for our children when we are busy working.
If this happens, the person's wealth is the wealth of servants, because he treats his parents like a servant.

Even though husband/wife work, their wealth is still lacking, even numbers every month.
According to a survey agent who took a sample of 700 families in Japan, successful children are: those who treat and serve their parents like an emperor.
And children who are miserable in their lives are those who are busy with their own business and less concerned with their parents.
Let's continue to fight so that we can treat parents like the king. Prove it and don't just exist in wishful thinking.

Fortunately for those who still have parents, it's still not too late to serve.
Money can be obtained, knowledge can be extracted, but the opportunity to love our parents will not be repeated.

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