Yes, the Binance application is considered a safe application. It is subject to strong oversight by licensees. In addition, the degree of protection in the application itself is very high. When using the application, it is recommended to activate all the protection features built into the application, and to protect your account in all the ways and means available in Binance.
On the Binance platform, we give a trust site a rating of 4.5 out of 5, as it is clear from the evaluation of the Binance platform and the review of the multiple and distinctive services available through it that it has succeeded in achieving its vision, which provides for creating an ideal and liberal environment for financial trading - or digital currency trading in particular - based on the structure Ultra-modern infrastructure for Blockchain systems.
Binance platform overview
The Binance platform was launched in 2017, which means that it is relatively recent, but during that short period it managed to occupy a prominent and advanced position in the world of trading, until it was classified as the fastest growing digital currency trading platform in the world. As it was able to attract a large segment of investors of this type of financial assets around the world, thanks to the services it provides with a great deal of diversity and excellence.
Binance cryptocurrency platform review
We previously indicated that the Binance platform was established and officially launched in 2017, except for those behind it - among the founders - who have long experience in the world of online trading, so that one of them was an active member of several prestigious financial portfolios, the experience of the platform's founders contributed to shortening a lot of time and was This is a direct reason for its great and rapid progress, so that within only six months of its launch, it was included in the ranking of the most important digital currency trading platforms - and one of the most prominent trading companies in general - in the world.
The Binance platform was able to make a real boom in the field of cryptocurrency investment via the Internet, as it provides the highest levels of security, which is the basic foundation for any financial activity and the first criteria that traders are looking for, in addition to providing many distinguished services and effective aspects of support, in The forefront of which is the provision of a huge list of digital currencies available for trading, in addition to the significant decrease in the value of fees and commissions that it charges.
Cryptocurrency recommendations on the Binance platform
Digital currency recommendations can be obtained on the Binance platform by joining the Arab Crypto site group, which provides daily recommendations for buying and selling digital currencies through the following form.
What is the value of the fees imposed by the Binance trading platform?
Low fees come at the forefront of the factors that distinguish the Binance digital currency trading platform from its competitors, and thus it was able to achieve the most difficult equation and became the most effective and least expensive cryptocurrency trading platform at the same time, in the following paragraphs we will show you the Binance commission in full Taking into account the type of account and the amount of commission charged.
What is the Binance commission?
The Binance commission table in cryptocurrency trading is one of the most obvious. The platform is also considered the lowest commission platform, and prices start from 0.1% at the highest price on the table to reach 0.015% when trading in a high volume for VIP accounts 4 and above.
The following shows you Binance commissions according to the latest update on 10/29/2022.
Binance cryptocurrency trading volume
Binance represents the world's largest market for trading and storing cryptocurrencies, as well as the fastest growing platform of this kind. The definitive proof of this is that its average daily trading volume is estimated at $2 billion, while the average number of transactions per second is more than 1,400,000 transactions.
While we are about to evaluate the Binance platform, it should be noted that it is the most attractive digital currency trading exchange for investors, so that in January 2018 - that is, shortly after its launch - it had to stop the service of opening new accounts due to its achievement of sufficiency in light of the increasing rates of continuous demand for opening trading accounts through it.
Is Binance safe to trade?
The Binance platform pays great attention to the protection and security factor and includes within the technical support section extensive and detailed answers about the mechanisms for protecting accounts, and it also provides a lot of advice to its customers to protect them from falling victims to potential fraud attempts, in addition to that it allows them to personally verify the identity verification program of the company Google.
Practical experience has proven that the platform follows a tight security protocol that enables it to respond quickly in case of exposure to any danger, as there was an attempt to hack the Binance platform and a number of other digital currency platforms in 2018, but Binance was the most coherent and its system was able to distinguish illegal financial exchanges This made the losses limited to the accounts of the hackers themselves without harming any of the customers.
Is Binance a good choice for beginners?
The world-famous digital currency trading platform is designed in a way that ensures its suitability for traders of various segments, where large investors can make the most of it and grow their investments in an unprecedented way, and beginners in this field will not face the slightest difficulty in that, as the platform has a very intuitive interface. Clarity and ease of use and they can start making deals very smoothly whether through the web platform or through the mobile application.
It is noteworthy here that the Binance platform supports beginners in the world of trading in different ways, as it helps them develop their knowledge and improve their trading skills by providing educational media through the Binance Academy section, ensuring that they develop their skills and gain more experience necessary to trade safely and effectively and reap the desired profits. .
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