Binance App Review: A powerful cryptocurrency app

Binance app is a digital asset exchange platform that facilitates the trading of digital currencies including Bitcoin

Binance app is one of the world’s top crypto platforms. It is a centralized cryptocurrency exchange and it began in China in 2017. But the Chinese government’s crackdown on cryptocurrencies in 2017 forced the founders to relocate, first to Japan and later Malta. It later added offices in Taiwan and abroad. The name Binance represents a conjunction of the two words binary and finance. Today it has more than 1.5 million users and on an average day of trading, it has more than $2 billion transactions.

Changpeng Zhao and Yi He founded the cryptocurrency platform in 2017. They had previously worked at OKCoin exchange. Despite its relative newness, the platform has established itself as one of the most open-minded and innovative hubs of crypto.

This success stems from the fine crypto pedigree that Zhao and He bring to the platform. Also, Zhao has remained a member of the wallet team since 2013.

Pros of Binance App: 

Cons of Binance app:

What is Binance app? 

Binance is a leading cryptocurrency exchange platform. It provides an affordable way to buy and sell many diverse coins. This including some very rare ones as well. It places great focus on offering currencies traded primarily within China.

Their focus on lesser-known coins has helped them secure powerful positioning in the market. There’s plenty of potential (and risk) trading in some of the less popular and more volatile coins.

Today, BNB coin is used as a discount, permitting users to explore the digital asset exchange. There’s a 50 percent discount on fees. But it comes with diminishing returns. After your fifth year on the exchange, you’ll see no discount using BNB coins. Nonetheless, when you start on the platform, BNB’s deep discounts pay your user fees initially.

 Features of the app:

Features that unveil when you sign up: 

Frequently Asked Questions:

Both Android and iOS platforms support the app.

Yes, the app is free to use. It also has some in-app purchases.

Yes, the in-app purchase payment method is secured. 

It requires the following permissions: Device & app history, Camera, Wi-Fi connection information, Photos / Media / Files, Phone, Device ID & call information, Identity, Contacts, and Storage.

It has emerged as the largest exchange based on global trading. The platform achieved this status in little more than six months’ time. Its overall ease-of-use, global approach to business, and multi-lingual platform accessibility have attracted many users.

User Reviews: 

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Download the app here:




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