Binance is the world's largest cryptocurrency exchange by volume with an average daily transaction volume of more than 2 billion $. It also processes more than 1400000 transactions per second & provides a 24/7 customer support.
Binance Exchange- allows users to exchange Bitcoin & other cryptocurrencies for fiat or other coins. Binance exchange is one of the ways you can buy cryptocurrency on Binance.
P2P- Binance also provides peer to peer trading service for its users where the buyers can directly meet the sellers and facilitate the exchange.
Credit/Debit Card- Binance allows its users to buy cryptocurrency via supported credit & debit cards.
Swift Bank Transfer- You can deposit USD directly via swift to Binance.
Trading on Binance
Trading on Binance is easy and user-friendly. In the beginning, one may find its user interface a bit overwhelming but with time you easily get used to it. There is an impressive selection of cryptocurrency trading pairs that you can choose from. Users can choose to trade either in stable coins, BTC pair, BNB pair, or in their native fiat currency.
Spot Trading- Users can simply buy & hold their coins for a profit.
Margin Trading- Binance also offers margin trading, where the users can use leverage to trade.
Futures Trading- Binance also offers futures trading. Futures trading is held separately from spot trading on Binance.
Apart from buying/selling 7 trading cryptocurrencies, Binance allows its users to take part in the Binance Earn & grow their cryptocurrency. It offers its users options such as savings, stacking, launch pool, and much more where users can earn an interest on their locked/invested crypto.
Binance has one of the lowest trading fees of all exchanges which makes it a go-to choice for people looking forward to saving their trading fee as much as possible.
In The End...
Till now, Binance is regarded as one of the most trusted cryptocurrency exchanges. Its CEO, Changpeng Zhao is a reputable figure in the cryptocurrency industry. The exchange is constantly evolving and committed to making itself better and safer for the users to invest & trade.