Binance

Binance is the largest cryptocurrency trading platform in the world. 2 Because it offers a robust selection of trading options and features, it is not particularly user-friendly. Investors may experience a steep learning curve with Binance depending on their experience and knowledge. Through its desktop or mobile dashboards, Binance offers a wide array of trading features, including an impressive selection of market charts and hundreds of cryptocurrencies. Users can also access a variety of trading options including futures and options, as well as several order types. However, many options and features are not available in the United States and only 65+ of the cryptocurrencies are accessible to U.S. customers. In addition to its tools and features, Binance also offers a comprehensive learning platform, an NFT platform, and more. The NFT marketplace doesn't appear to be available to U.S. customers yet. Founded in 2017 by software developer Changpeng Zhao, Binance is a decentralized crypto exchange that was originally based in China. While Binance is currently the largest cryptocurrency exchange in the world by trading volume, it’s also facing regulatory issues in several countries. In the United States, it's currently under investigation by U.S. authorities on allegations of money laundering and tax offenses. The platform has also been banned in several countries. Binance offers hundreds of cryptocurrencies for global users. However, it’s important to note that the global Binance platform is different from its U.S. counterpart, Binance.us, which only offers 65+ cryptocurrencies. Experienced traders may appreciate the variety Binance offers, but users might find this platform confusing given its many features. Additionally, its ongoing investigations and growing list of regulatory issues are also concerning. Cryptocurrencies Available on Binance Binance has more than 365 cryptocurrencies available for trade on its exchange, but only 65+ are available in the U.S. For international users, it also supports a variety of fiat currencies, including USD, EUR, AUD, GBP, HKD, and INR. Depending on your location, Binance has a wide variety of cryptocurrency pairs depending on your location. Some of the cryptocurrencies available on Binance U.S. are: Binance Coin (BNB), VeChain (VET), Harmony (ONE), VeThor Token (VTHO), Dogecoin (DOGE), and Matic Network (MATIC). Additionally, Binance supports popular cryptocurrencies including: Dash (DASH) Cosmos (ATOM) Compound (COMP) Bitcoin (BTC) Ethereum (ETH) Litecoin (LTC) Cardano (ADA) Trading Experience Binance offers a variety of trading tools, including real-time charting tools with moving averages and exponential moving averages. Users can place trades through the Binance app, Binance website, or Binance desktop app. Traders can also use the Binance platform to access their portfolios and trade history, as well as view the order book and price charts. Additionally, Binance provides various order types such as stop order, limit order, stop-limit order, stop-market order, and trailing stop order. You can also choose different trading views ranging from classic to margin and OTC views. However, many of these features are unavailable in the U.S. including margin trading and some of the order types.