Benefits associated with Trading on Binance


Recently I began using Binance initially and also the experience has become quite simply excellent. 
 
 
 
 
 
I traditionally traded on Bittrex when searching for lower cap alt coins but in the last month or two Bittrex seems to have slowed down, and become more buggy than normal with laggy chart data and delayed notifications (like hours late). 
 
I originally switched to using Binance as a result of them listing some unique projects not available on Bittrex yet like IOTA and WTC, two solid projects that have been storming the coinmarketcap rankings. 
 
Why I like Binance and what are the benefits? 
 
Below are some reasons why I am enjoying using Binance. 
 
1) Forks 
 
Many web and exchanges wallets don’t shell out your Bitcoin fork coins in a short time, in fact by publishing 4 months on Coinbase users still don’t have their own Bitcoin Cash. 
 
One benefit with Binance is when quickly they support forked coins. Virtually when a fork happens you will possess that same number or equivelent quantity of coins from your fork with your wallet should you hold Bitcoin around the exchange. 
 
So, far on Binance I have got had Bitcoin cash, Bitcoin Gold, Bitcoin Diamond and Bitcoin silver the mention a few. 
 
2) Airdrops 
 
Airdrops certainly are a fairly new marketing tactic for brand new coin owners which includes mostly been rewarded to Ethereum holders utilizing the MyEtherWallet however Binance is already supporting an increasing number of these free airdrops in which you literally take a look at account and think “I didn’t purchase these “wait and coins”, what even are these coins”. It’s a good thing because it’s free but the objective of the coin creators is to encourage you to then look into the coin and hopefully buy more. In any case selling these can be quite a nice little bonus for the crypto portfiolio. 
 
3) Fees 
 
The fees on Binance can be reduced automatically by opting directly into pay using their own BNB token, this is a smart idea and also demonstrates that the BNB coin is an excellent investment because it grows in value due to its increased use about the exchange. 
 
The principle fee is .10% for those customers on all trades regarless of your customers volume, which we think is a fair method of doing things, not favouring the whales. If you decide to use BNB coin to cover the fees (which doesn’t involve any manual work from you) then your fees reduce to .05% on all trades. Excellent! 
 
4) Entry to New Coins 
 
Using Binance offers you the capability to buy plenty of coins which may not even be around on Bittrex, additionally, it provides probably the most trustworthy and safe exchanges to get such coins and is also much simpler than muddling the right path through EtherDelta unless you know what you are carrying out or do not have other choice. As I use EtherDelta when there is not one other strategy for buying the Tokens I might always would rather buy via Binance. 
 
5) Referral Commissions 
 
Despite internet affiliate marketing obtaining a bad name over time a very important factor is for sure, it really works! It generates interest and it empowers it’s users to accomplish the marketing as opposed to spending that budget elsewhere. The caveat is that it can find yourself with people misleading the public with the idea of generating commissions. If you will, a double-edged sword. 
 
 
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