It is of course up to each individual to decide which trading view suits him/her best. The buy and sell boxes however, are here in the low right corner (instead of in the bottom center as in the basic version). As in the basic version, the trade history is on the far right. In the advanced version, the charts take up more space. The advanced version’s trading view looks like this: Prices are to the left, graphs in the middle (with buy and sell options), and the history to the right. Most of the crucial information is included in one page. The basic version’s trading view looks like this:Īs is evident from the picture, the basic trading view is quite straight-forward and inherently easy to understand. None of them can really be considered extremely easy-to-use though. The first one is called basic, and does not cater as good to people interested in more detailed technical analysis as the advanced version does. Trading Alternatives – Basic & Advancedīinance-users have the opportunity to choose between two different trading alternatives. Sign up on this link to save 10% of your trading fees on your futures trading forever. The fees charged by Binance for its futures trading are a bit below industry average, as the standard taker fee is 0.075% and the standard maker fee is 0.025% according to our research. The following shows the fees charged for each such contract category, with specifications of how it changes due to your VIP-level (0-9): You can trade both Perpetual Futures and Quarterly Futures here. The former are known as American Options, and the latter are known as European Options. Certain options give you the right to exercise the option whenever (before expiry of the contract), and other options are only permitted to exercise during a specific date. An option contract is a contract that gives the holder of the option a right – but not an obligation (thus an “option”) – to buy ( call option) or sell ( put option) a certain asset at a certain price.
Futures are also known as option contracts. On 17 September 2019, Binance officially launched their futures trading. Binance is the dragon among dragons when it comes to crypto exchanges. On 14 April 2020, right in the middle of the crisis with COVID-19, Binance had a reported 24 hour trading volume of USD 4.0 billion (the highest in the world) and a 30 day trading volume of USD 139.7 billion (also the highest in the world).
1 or at least top 3 in terms of 24 hour trading volume, meaning that it is regularly the most (or at least one of the most) trusted exchanges in the world.
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The business department at Binance did however ask us to specify that the company was based in Malta, and not Hong Kong. Malta is together with Estonia and Gibraltar one of the few countries in Europe that has developed explicit license requirements for cryptocurrency exchanges.īinance regularly places itself on no. It launched in July 2017 and has then really developed into the market leader among cryptocurrency exchanges. General Infoīinance is an exchange previously based in Hong Kong and is one of the absolute giants in the industry. This review of Binance consists of four parts: general info, fees, deposit methods and security. A crypto exchange guide must provide reviews of all of the crypto exchanges out there, so that you can find the right one for you.
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