Hello and thank you for visiting CoinScouts!

CoinScouts is the world's most powerful crypto database. We are a community-driven..

 Binance

Binance exchange

1458 markets

Go to Binance

Binance statistics

Trading volume 461,065
Rank 1
Trust score 10/10
Country Cayman Islands
Year established 2017

Highest volume markets

 Binance USD BUSD/USDT Binance USD $357,090,899.00
 Bitcoin BTC/USDT Bitcoin $2,520,101,740.00
 Ethereum ETH/USDT Ethereum $966,451,463.00
 Bitcoin BTC/BUSD Bitcoin $846,829,175.00
 Ethereum ETH/BUSD Ethereum $270,286,798.00

Binance: A Global Leader in Crypto Trading and Asset Management

Binance (https://www.binance.com/en) has established itself as a dominant player in the world of cryptocurrency exchanges, offering an extensive range of digital assets and innovative financial products. With its user-friendly platform, cutting-edge technology, and competitive fee structure, Binance is the ideal choice for traders of all levels seeking to discover hidden gems and achieve alpha returns in the crypto market.

How to use Binance: Get started on Binance by following these easy steps:

  1. Register for an account: Visit the Binance website, sign up for an account using your email address, and set a strong password.

  2. Complete KYC (Know Your Customer) verification: Enhance account security and unlock higher trading limits by submitting the required identification documents for KYC verification.

  3. Deposit funds: Add your preferred cryptocurrency or fiat currency to your account via bank transfer, credit/debit card, or supported payment gateways.

  4. Discover Binance's unique features: Access an impressive range of trading pairs, including Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and countless altcoins. Utilize Binance's advanced trading tools, such as Binance Futures, Binance Staking, and Binance Launchpad, to diversify your investment strategy.

  5. Start trading: Buy, sell, or trade digital assets using market, limit, or stop-limit orders to capitalize on market opportunities and earn alpha returns.

Pros and Cons of Binance:

Pros:

  • Extensive selection of digital assets and trading pairs
  • Highly liquid markets with competitive trading fees
  • Advanced trading features and tools, including futures and staking
  • Strong security infrastructure and a commitment to user safety
  • Multi-language support and a large global user base

Cons:

  • Subject to regulatory restrictions in certain jurisdictions
  • Complex interface and advanced features may be overwhelming for beginners
  • Limited customer support response time during peak periods

Remember, when trading on Binance or any other crypto exchange, always do your own research (DYOR) to make informed decisions and minimize risks. Happy trading!