Binance is an international, multi-language cryptocurrency exchange. The service raised 15 million dollars in a July 2017 Initial Coin Offering for its ERC20 BNB token. CEO Changpeng Zhao had previously founded Fusion Systems in 2005 in Shanghai; the company built high-frequency trading systems for brokers. In 2013 he joined Blockchain.info as the third member of the cryptocurrency wallet’s team. He also worked at OKCoin as CTO for less than a year, a platform for spot trading between fiat and digital assets The other founder, Yi He, had also worked at OKCoin as head of branding and marketing head of the virtual currency exchange OKCoin; she had also worked at Yixia Tech.
Binance Frequently Asked Questions (FAQ) (45)
Binance is a digital asset exchange service. Basically, it’s an online platform that allows people to buy cryptocurrencies using Bitcoin. Best of all, unlike some other exchanges, Binance offers a truly staggering number of cryptocurrencies for you to buy and sell so you are very likely to find the coins you are looking for on the Binance platform.
NO, We will not be treated as a victim. If Binance support team finds more than one user submit the same content, reviewing will strictly follow the order of submission time and some other principals to sort out.
To add new token info,
Go to ‘Binance Info’ >> click ‘Create Token Info’ >> add new coin.
To edit token information, you need to log in your Binance account, go to the token information page which you would like to edit, then click ‘Edit’ on the right hand side. When you complete editing, please click ‘submit’ and wait for reviewing.
This Token already exists’ will describes that you have already submitted Token.
Binance as of now supporting clients to transfer white papers in PDF arrange just to guarantee the credibility and standardization of transferred white papers.
A strict internal reviewing process is use by Binance, so they try their best to review your content as soon as possible.a
The Binance language version I choose is not in accordance with the language of uploaded content, is it possible to be approved?
At present, ‘Binance Info’ just supports Chinese and English, we profoundly suggest that the language of your altering substance ought to be steady with your chose dialect variant; generally, your submitted stuff won’t be affirmed.
Yes, you can swap one money form, for other relying upon their accessible costs.
There are free to access and free to use video tutorials that will show you just how easy their exchange is to use.
You will have two distinctive ways that you can use the innovative money trade available at Binance and the principal path is by utilizing any PC or PC to get to their online change and would then be able to purchase and offer any cryptographic money you need effortlessly.
In any case, if you are ever out on the town and wish to purchase or offer a crypto money then you will likewise discover they have an exceptionally progressed yet simple to utilize versatile trade stage as well, and your online sign in points of interest do give you full and unhindered access to their mobile portable stage as well.
To guarantee you will have an issue free situation when utilizing the Binance digital currency trade you will find that they do use a multi-bunch framework that allows for streamlined purchasing and offering of any digital currencies.
For more data on it kindly do investigate their site and while you are there do investigate their site and their trade for I am totally certain that it will satisfy and significantly more likely outperform your extremely most astounding of desires.
That is certainly not going to be something you will find or experience as a use of Binance for their millions of customers based in all countries of the world ensure that there is always a very high liquidity of every digital currency available to buy on their exchange.
The one great part of Binance is that you will discover there are a scope of alternative settings accessible to you that will permit you to set up your own sort of experience when utilizing their digital currency exchange. In the event that you don’t utilize English as you fundamental dialect then one of the alternative settings enables you to choose one of eight distinct dialects to have being used on the stage and for you as well.
Binance supports a wide variety of cryptocurrency such as Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin Gold (BTG), Ethereum (ETH), Ethereum Classic (ETC), EOS, Dash (DASH), LiteCoin (LTC), NEO, GAS, Zcash, Ripple (XRP) and many more
No, Binance currently do not support fiat currency. But In Upcoming months, they are planning to launch Malta based euro-crypto separate exchange.
May be, It will be for any security.
Binance provides wallet with exchange.
Enter your email address and Password on login page, Click ‘Lost your Google Authenticator?’ If you have the Google 2FA backup key then you can easily reset the password.
If you device is unable to receive the SMS code the first you have to check your signal then Close Anti-virus software or firewall apps on your cell phone; Restart your cell phone.
Even Binance don’t know about who controls those addresses, therefore you have only one choice to negotiate it with owner of address.
Unfortunately, there is no way to this process as soon as you click the Withdrawal Confirmation button.
There is no minimum limits on deposit/withdrawals in Binance.
This error message occurs when there is a de sync between the server time and your system time. For solving this issue you have to update your software’s. If this problem still occurs that means it may be network related issue.
No, Binance is not currently decentralized. but, Binance Releases Demo of Decentralized Exchange.
Check your email address and verify the registered email account, then check the spam folder.
Wait for the confirmation message if the blockchain showed that the transaction has not been confirmed, but if it shows transaction is been confirmed that means Binance successfully transfer the coin.
If your transactions shows “Completed” or “Success”, it doesn’t mean that your transaction is fully processed. It simply means that your transaction was posted to the blockchain.
Binance Coin (BNB) is a ERC20 based token issued by Binance with total supply of 200,000,000 tokens
First log in your Binance account, then in “Admin center” select API and Click enable. After that set up the API name, Click “Create New key” then go ahead for authentication. Once you pass the authentication Binance send a confirmation mail to your register mail. Click “Confirm create” to confirm the ne API creation.
There are some techniques that will make your trading more secure.
- Register your account with Unique Email and password
- Always visit the official website
- Enable two factor authentication on your Binance account
- Don’t install any unnecessary software on your device
- Avoid public WiFi and always use VPN on your system
To change your Email there are some requirements which are
- You must have Level 2 verification on your account
- You must have been Level 2 Verified for at least 7 days.
Then Binance send you a verification code and rest of the process.
To withdraw coins, you have to log in your account, then click “Funds” >”Deposit Withdrawal”. Now click on the coin/Token you want to withdraw. An Email is sent to your account, click “Confirm withdraw”.
Binance cannot freeze your account, you have to do it yourself. To freeze your account, first find the link “disable your account” then confirm your request from Email. Now login from the new IP and click to the freeze your account automatically.
To unlock your account, first login into official website of Binance. After logging into the official website, click “Reactivate” in the warning dialog. A verification email will be sent to your Email address, click the button to unlock your account.
Never share your private keys with anyone. There are some reports of users receiving emails disguised as being from Binance, so beware of such types of emails.
Login your account then click ”Funds” –“My Funds” then choose “Exchange into BNB”
Each trade will carry a standard rate of 0.1% except Binance Coin (BNB), In Binance Coin (BNB) trading the fees will automatically deducted from your BNB balance.
Binance has a good track record but there’s no guarantee. Avoid suspicious email, it may lead to phishing attack.
Binance offer trading in top 100s popular altcoins cryptocurrencies for US residents and many other countries. Also the interface is easy to use.
Try clearing all the Cookies. After that click on exchange, switch from “Basic” to “Advanced”. If this doesn’t work, let Binance support team know your problem.
Create your account and click “Register” in the top right corner, then enable “Two factor Authentication”, you’ve to deposit cryptocurrency from a wallet as you can’t buy them from Binance. Although depositing is easy. Go to “Funds” and choose “Deposits” then copy and paste the address and send the currency from your wallet to Binance. Now you can trade in any cryptocurrency you want.
Binance is only year old, but has taken many steps to become a trustworthy exchange. Still, it’s best to keep large amounts of cryptocurrency on exchanges for the smallest amount of time possible and always enable 2 Factor Authentication.
Binance accepts users from any country.
Features of Binance
- Availability of all major coins
- Multi-language support
- User interface is easy
- Mobile application
- Trading fee is low
- High performance
- Binance wallet
Binance is compatible with:
- PC client
Some common problems of Binance, We fix-
- Bitcoin transactions errors
- Login problems
- Account password reset
- Problems related to Sign up a new account
- Account deleting problems
- My account is hacked
- Binance app issues
- Not receiving transaction details
- Issues related to Verification
- Deposit/Withdraw errors
- Bitcoins password problems
- Wallet related issues
Advantages and Disadvantages ofr Binance
- Binance supports over 100+ cryptocurrencies
- It provides multi-language support for its users
- There is very low transaction and withdrawal fees
- High performance means you can process upto 1.4 million transaction per second
- High liquidity
- More than 80 altcoins accepted and tradable
- Bounty and reward programs
- Delays when withdrawing certain coins
- There are bugs with Android mobile app bugs
- Security is a big problem
- There is no support for fiat
- Their customer support servicer is poor
Binance doesn’t have a technical support number. You can search your problems or issues to their help forum and community sites. You can get an instant customer support by call us at our customer service phone number USA +1-833-219-2999 UK + 44 XXX-XXX-XXXX for Binance. A phone number system with less hold time in comparison to other phone numbers, call us now for live support from your computer.
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