These products allow users to earn yield on their cryptocurrency holdings, and are offered in both fixed and flexible variants. On Binance, leveraged trading is offered through perpetual and standard futures contracts.īeyond trading services, the Binance crypto exchange also provides passive income products under the Binance Earn banner. The Binance Futures platform for trading cryptocurrency derivatives allows traders to go long or short on a wide variety of cryptocurrencies, and supports high leverage trading-on certain products, Binance supports leverage levels as high as 125x. Alternatively, users can deposit stablecoins or any other crypto assets supported by the exchange. Since its launch, Binance has introduced support for fiat currency deposits and credit/debit card cryptocurrencies to provide an on-ramp for cryptocurrency investors. The base spot trading fee on the exchange is 0.1%, but it can be decreased to 0.075% when paying with BNB.īinance launched the BNB cryptocurrency as a way of raising capital in 2017, but has since made efforts to transition BNB into an independent crypto asset with its own blockchain platform (BNB Chain).
Users can buy and sell cryptocurrency on Binance in many different ways-the exchange offers spot trading, futures trading, margin trading, AMM token swaps and more.īinance’s trading fees are some of the lowest in the industry, and users can reduce them even further by paying fees in the BNB cryptocurrency. On most days, Binance’s trading volume is the highest among all cryptocurrency exchanges on both spot and derivatives markets.īinance lists more than 400 different cryptocurrencies, and provides a big suite of products and services for crypto traders and investors. It is worth noting that Binance is ranked #1 on our list of best crypto exchanges.
Binance is a cryptocurrency exchange that was established in 2017 and is now the biggest crypto exchange on the market.
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