Binance Becomes Top1 Traded Exchange!
I have been mentioning this one since it has started and showing many tricks on how to use it to make more profits than on other exchanges. Now just after few months being live, it gained top1 spot today!
Of course the older exchange (and my top1 favorite) is fighting and got its place back now but we can see a lot of moving between this two.
This two exchanges are my favorites ones and most of my trades happen on currencies there vs some perfect discount on another's ones (wrote of this many times).
Also when you keep coins on Binance you get all split-forks the fastest we already have there BCX SBTC and today we got ETHs coins called Ethereum Fog - ETF. They are not tradable yet but you have your balances secured.
Remember you dont need any ID verification to regiter and trade there, you just cannot be from China.
And a trick that i have shared in other post but could have been missed.
There is BTC ETH and BNB pairs there for trading.
There is no fees on BNB so if you do your math properly you can buy many things cheaper than on other markets and other exchanges.
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Thanks for the update. I'm currently on Poloniex and there are a lot of alts I'd like to try that they do not support. I will look into Binance.
I wish I'd have known this before I spent all that time trying to get on Poloniex. What a hassle!
Thanks for sharing this great information.
I wonder if bitshares going up helped with that at all.
I had a ton of eth on bittrex and polo, I guess I won't be getting ethfog shit!
Hi kingscrown,
Thanks for sharing
thank you for this nice comparison.. I guess I should give a new exchange a try
Compare it I consider it excellent. @rival
Technically I don't think binance that good, but the hardness of addition of new coins to the old once make them loose their dominance... :(
Yes @davidconstantine
These add currencies think it will make a fuss
I bought coins onThursday night or Friday morning and am up 86%. I liked the exchange because it was quite simple. The only complaint is that you can't order to cryptos and that they have them as pairs trades. Poloniex has the best technical trading tools. Bitrrex has crappy charting, but offer many tokens you can order the cryptos alphabetically .
I'm just using bitshares now, but i know binance has a huge variety of altcoins!
Is Binance also de-centralized like bitshares' Open Ledger exchange?
What is the fee for removing your crypto from Binance, bc on OpenLedger it seems quite high-- like 10-20%
Does anyone know the comparison of volumes on OpenLedger to Binance exchanges?
It seems like the withdrawal fees are the most important aspect of these exchanges.
Binance: do they just ask for email, or nothing, to trade?