what is binance.com

what is binance.com?

Cryptocurrency exchange, cryptocurrencies. Website. www.binance.com. Binance is a cryptocurrency exchange which is the largest exchange in the world in terms of daily trading volume of cryptocurrencies. It was founded in 2017 and is registered in the Cayman Islands.

Regarding this,What is Binance used for?

Binance is an online exchange where users can trade cryptocurrencies. It supports most commonly traded cryptocurrencies. Binance provides a crypto wallet for traders to store their electronic funds. The exchange also has supporting services for users to earn interest or transact using cryptocurrencies.

Subsequently, question is,Is Binance com legal?

Binance.US is legal, but it is not available in all U.S. states.

Beside above,Can I trust Binance com?

Is Binance Safe? Binance is considered a safe exchange that allows user account protection via the use of Two Factor Authentication (2FA).

Additionally,Is Binance legal in the US?

Users in over 180 countries can trade on Binance, but only 43 states can use Binance.US, excluding Connecticut, Hawaii, New York, Texas, Vermont, Idaho, and Louisiana.

Related Question Answers Found

How do you make money on Binance?

The first step, find cryptocurrencies available on both Binance Spot and the P2P market. Next, go through each currency till you find a profitable price difference. Once you’ve found a suitable price difference, the final step is straightforward—buy low and sell high.

How do you make money from a Binance?

Step 1: On your desktop, go to Buy Crypto, then select Card Deposit. On the app, go to Wallets, then under Overview, tap Deposit. Step 2: Select one of the Binance-supported fiat currencies, then select Bank Card under the payment options. Step 3: Enter the amount of fiat currency that you want to deposit.

Which country owns Binance?

Binance was founded by Changpeng Zhao, a developer who had previously created high frequency trading software. Binance was initially based in China, but later moved its headquarters out of China following the Chinese government’s increasing regulation of cryptocurrency….Binance.

Founded 2017
Website www.binance.com

另外 6 行

What countries are banned from Binance?

Regulators in the U.K. have banned Binance from operating in the country, while places like Hong Kong and Japan have issued warnings against the exchange. In response, Binance has taken a series of measures in an effort to comply to an evolving patchwork of regulations in different markets.

Which country uses Binance the most?

The country sending the most traffic to binance.com is Russia.

Is Binance free?

Binance charges a 0.1% fee for trading on the platform as well as a 0.5% fee for Instant Buy/Sell, so your actual fee amount will depend on the amount of the trade. The higher the transaction, the higher the fee.

What is the minimum deposit on Binance?

Deposit a Minimum of $50 in Your Futures Wallet and Trade Futures to Win Up to 500 BUSD | Binance Support.

Can I withdraw money from Binance?

Sign in to your Binance account and select the “Wallet” tab. Select “Withdraw (Fiat),” then choose the currency you wish to withdraw. Choose “Bank Card (Visa).” Enter the amount of money you want to withdraw in the “Amount” field.

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