Binance

Binance is one of the largest international online digital currency exchange services. Dozens of cryptocurrencies are exchanged both among themselves and with fiat money.

Story

Binance was founded in 2017 with headquarters in Hong Kong. The general manager is Changpen Zhao. For half a year of work, Binance was included in the list of the largest platforms in terms of cryptocurrency trading volume.

In August 2017, one of the leaders of Binance was financier Hye Yi, the news about this raised the company's capitalization by 40%. The influx of new users has become so high that in January 2018 the registration of new customers was temporarily closed and equipment was upgraded due to the increased load. The number of Binance users in April 2018 is 7.9 million.

In March 2018, due to the demands of the Hong Kong authorities and the increasing regulation of the cryptocurrency market, the Binance management decided to change the jurisdiction to Malta.

Since the beginning of 2019, Binance has announced the launch of Binance Jersey, a new trading platform for exchanging cryptocurrencies for fiat money. Among the first trading pairs are the euro and the pound sterling in pairs with Bitcoin and Ethereum.

Trade

Three types of trading are available on the Binance exchange: spot, margin and futures trading.

Binance Referral Program

One of the few large exchanges that has its own referral program with a fee of 50% of the commission for transactions. Charges are made to a separate internal Bitcoin account. At any time, at your request, it will be possible to transfer referral charges to the main account and use it at your discretion.