Launched this year, Binance is now one of the top crypto exchanges!

Binance is a very young cryptocurrency exchange that only launched this year, and had to deal with China's crackdown and the subsequent Bitcoin crash when launching. It launched with no trading fees and still turned a profit, according to its CEO CZ, on LinkedIn..

Here are its top markets:

Binance features hundreds of currency pairs and is a pure crypto-to-crypto exchange. I decided to start using it recently as when you hold NEO you get your GAS at the beginning of each month, and most exchanges keep it to themselves. Binance launched through an ICO and uses the tokens it distributed to give 50% discounts on its fees so I advise you to use this.

Why I'm pointing this out

As you guys know I trade nad invest in cryptocurrencies. When using Kraken, I opened a margin position and was up a few buks when I wanted to close it but, since Kraken is completly overloaded, I ended up losing $50 when I finally managed to close my position, and was actually pretty scared I was going to lose a LOT more money. Needless to say, I stopped using Kraken altogether after this.

As such I investigated exchanges and found out Binance is seemingly the best option - it even has an Android and iOS app you can use to manage your assets while on the go.

It's full of competitons

Binance is filled with competitons that can give you free prizes including iPhones, harware wallets and trips. All you need to do is trade, trade, and trade. Plus in some of them you can get airdrops for tons of free coins if you're among the top spots - it really adds another dimension to trading.

JOIN BINANCE

Even if you don't use it now, you can use it later on. It doesn't hae margin trading just yet, but I believe it will be added in the future.