Binance Exchange is one of the exchanges of popular cryptocurrencies that offers operations in more than 45 virtual currencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Binance Currency (BNB).
Especially known for Crypto-to-Crypto trading – that is, trade between two pairs of Cryptocurrency-Binance Exchange has gained great popularity due to low transaction costs, high liquidity, and additional discounts if the user pays on the original Cryptocurrency token BNB.
To Join Binance
Binance is fully functional and legal in Lebanon. You can use Binance without fully verifying your account or uploading your Lebanese passport.
Binance is really safe, easy to use, and is the most modern and fast cryptocurrency exchange throughout the world. In Lebanon, around 80% of traders and exchangers use Binance because they have 75% of all Cryptocurrency on the market.
The name “Binance” is based on a combination of binary and financial words. Exchange services were launched in 2017. He claimed high safety and security standards with multi-tier and multi-clustered architecture and provided a high processing throughput with the capacity to process around 1.4 million orders per second. It supports trade in more than 150 coins, including popular ones such as Bitcoin, Ethereum, Litecoin, and the original BNB tokens themselves, and the list continues to grow.
Like standard exchanges, it offers services around trade, listings, fundraising, and de-listing or withdrawal of cryptocurrency. Cryptocurrency fans who are willing to launch their own tokens can use Binance to raise funds through the initial coin offer (ICOS). Binance was used by a large number of traders and participants to exchange and invest in various Cryptocurrency.
To start trading, users must complete the requirements of the required KYC. After the success of making a trading account, users can add Cryptocurrency funds to their public wallet address provided by Binance to start trading,
Binance currently supports three types of trade orders: limits, markets, and stop-limit orders. The order limit is run only at the limit price set by traders, market orders are run immediately with the best market prices available, while the stop-limit order is a valid order only when the price reaches the specified level.
There are no fees charged for the Cryptocurrency / Deposit of Funds, although withdrawals come with transaction costs that vary depending on the cryptocurrency.