Binance Review: Pros, Cons, And How It Stacks Up | for 2024
This Binance review has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about Binance to give you the most comprehensive guide available.
Binance is a professional trading partner that was founded in 2017. They have around 3197 employees that help the company offer Bitcoin, Ethereum, Cryptocurrency, Digital Assets Exchange, Financial Services, Blockchain, Payments, Cryptocurrency Exchange, Software, Fintech, Finance, DLT, FinTech, Exchange, Internet, Internet Services, Altcoins, Stock Exchanges, Cryptocurrency Information, Lending and Investments, Trading Platform, to 13500000 clients through Desktop, Android, iPhone/iPad, Mac.
Binance Guide – Read our In-Depth Binance Review
Binance Rating: 5.88 / 10
This Binance review page contains information about investing with Binance. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of Binance does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This Binance review contains the latest details surrounding Binance.
If you're a new entrant in the realm of trading online and brokers, so many details will no doubt be perplexing for you. Getting into the world of online trading demands expert analytical skills and comprehensive knowledge. You will get proficient at all the concepts of online trading and brokers as you keep trading. For starters, you need to select the right online broker who'll consistently be transparent with you.
Within the fast-paced universe of financial markets and online trading, you will need advice to make proper decisions. A professional, direct investment partner could help you in minimising any losses and maximising any returns. Binance is one such broker that will assist you. It is crucial that you understand about any broker until you trust them with your money.
When engaging in online trading with platforms such as Binance, it's crucial to meticulously examine Binance as your broker, as this choice can greatly influence your success. Selecting the right broker is vital for your Binance investments to flourish. However, be cautious of fraudulent and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be prudent and methodical in your Binance broker selection to protect your hard-earned money. Performing your due diligence and researching the credibility of Binance, its track record, and reputation is vital. Moreover, ensure the Binance broker's offerings, trading tools, fees, and regulation align with your preferences.
Remember, Binance should be a reliable companion on your trading journey.
Our team has devoted their efforts to simplify the intricate world of trading with Binance into easily understandable information in this Binance review. Our goal is to equip you with the knowledge necessary to confidently use Binance trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with Binance are the cornerstone of successful trading. As such, we've provided this in-depth Binance review. So, make yourself comfortable, grab a cup of coffee, and immerse yourself in learning about Binance and how it can work to your advantage, or if Binance might not be the right fit for you.
Binance Guide for 2024 – Quick Overview
Binance Telephone: | +1 929 228 3440 |
Binance Support Email: | support@binance.com |
Binance Address: | Melita Court Level 3 Triq Giuseppe Cali Ta' Xbiex XBX 1420 Malta |
Year Founded: | 2017 |
Regulated By: | Unregulated |
Hedquarters: | Japan |
Minimum Deposit: | $100 |
Number Of Clients: | 13500000 Binance users and traders |
Binance LinkedIn: | https://www.linkedin.com/company/binance/ |
Binance Facebook: | https://www.facebook.com/binance |
Binance Facebook Likes: | 583,214 |
Binance Twitter: | @binance |
Binance Twitter Followers: | 4,600,000 |
Binance Instagram: | https://www.instagram.com/binance |
Binance Instagram Followers: | 1,600,000 |
Binance Youtube: | https://www.youtube.com/binanceyoutube |
Your capital is at risk |
Our full Binance review for beginners covers all you need to learn about trading with Binance. A good broker can use your initial investments and help to protect it from losses but also provide you a platform that can help to provide you positive profits. If you would like to earn profits, you must trade with a broker service that contrasts with your investment goals.
Of course, there is no sure-fire way to guarantee profits; thus, you must carefully assess your agent before you select them. It's a frequent misconception that all agents are exactly the same, but that is not correct. Wrong judgment, initially, can put your investments at risk.
Binance is a trading partner which has found its way successfully into the brokerage world. In this review, we have tried to collate a number of the vital aspects of Binance. This guide will allow you to learn whether Binance is a good match for your investments or not. We have attempted to breakdown all of the qualities and fees for your convenience.
Who are Binance?
Binance is a online trading broker with its head office in Japan and provides a range of tools for online trading. Since its start in 2017 they have emerged as a top player in the field of online trading. Binance has a highly professional and full-featured trading website that's focused on forex, indices, metals, stocks , commodities.
Over the past 7 years, Binance has grown into one of the top online brokers available to the public.
After being founded in 2017, their customer base has become as large as 13500000 clients.
Binance is a favourite of many traders because of its negative balance protection. Our Binance account review found that they're a reputable platform for online trading solutions. They're most appropriate for investors that are searching for an assortment of assets. Social and easy to use trading solutions are the core at Binance.
Technology plays a significant role at Binance. They offers trading on Desktop, Android, iPhone/iPad, Mac. Binance is fair, transparent, and also a well-regulated broker by the Unregulated. Their outstanding array of tools will be beneficial for most traders. Third-party partnerships also provide in-house research.
Who Founded Binance?
The founders of Binance are Changpeng Zhao
The founders of Binance are known for their expertise in the sphere of online trading. However, there are a lot of other important men and women in Binance who have a substantial contribution to it's success.
The educational section at Binance is quite insightful for new traders as it allows them to get a closer look at the financial markets. Binance caters to all sorts of traders and are a must-have broker for any well-diversified approach to online trading.
Binance Review Videos
Benefits of using Binance in 2024
Trading with Binance includes many benefits. These benefits are what sets Binance ahead of the rest of the online brokers. You should check all of the benefits listed so you have a better comprehension of Binance.
The broker goes to great lengths to comprehend what traders need. As a result, the support, fast, and convenient. The agent also gives a number of programs for all kinds of traders. Binance ensures that the individual needs of all online traders are met to the best of their ability.
Binance also features excellent trading conditions that are readily available to all and not only an elite class of institutional customers. The tight spreads and quick executions are a fantastic advantage for all traders. The technology adopted by Binance is of the maximum caliber, ensuring that it's fast, reliable, and effective.
Binance admits the importance of having a fast order execution. A quick implementation enables users to exchange without worrying about slippage safely. It will also aid the dealers to grab any opportunities.
Copy trading is another major facet of Binance. A new trader can learn from business experts utilizing the automated copy trading alternative. This allows you to see the best performing traders and instantly copy their trades and benefit from their experience
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, Binance offers social trading which encompasses leading traders sharing their knowledge with the community. Binance's social trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. This is independent copy trading.
Binance has over 52 trading tools to support all types of traders. These tools are lively and convenient for both new and seasoned traders. All dealers can put aside all their worries when trading with Binance.
Binance Overview
Year Founded: 2017
Regulated By: Unregulated
Hedquarters: Japan
Minimum Deposit: $100
Number Of Clients: 13500000
Your capital is at risk
If you feel that Binance is not right for you then at the bottom of this Binance review you will find a lot of alternatives to Binance.
What you should know about trading with Binance
Binance is a dynamic platform that offers various procedures of trading. These tools cover the monetary markets considerably. Most of the brokerage platforms offer less procedures than Binance
If you want to exchange with Binance, you will require a minimum deposit of $100. This deposit is mandatory if you wish to start trading with Binance. This 2024 Binance review will direct you safely about trading with them.
Binance is as versatile as another brokerage platform. Binance is ideal for traders that want a manageable assortment of low-cost services. The platforms provided by Binance are third party, white-label offerings. All traders may select from Desktop, Android, iPhone/iPad, Mac
Together with everything, Binance has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a transaction must be kept open. The agents provide premium client service which rewards customers with benefits.
Many less reputable brokers try to pressurise customers into bigger financing for superior services. Binance, though, is more focused on trading volume. Traders can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the more benefits will come along.
Binance accounts are available all over the world and provides outstanding service everywhere they have clients. There are only a select few countries where Binance accounts are not available. Traders in the following countries cannot open or use a Binance account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Binance Safe To Trade With In 2024?
Founded in 2017, Binance has been in operation for 7 years, they have a head office in Japan
Binance is regulated by Unregulated. These bodies have rules that ensure that trading platforms have steps in place to maintain investor's assets secured. This means that Binance users don't need to worry about their money as it is segregated and safely stored in banks that are established. SSL encryption simplifies each user's personal information as well.
You can make use of a choice for Two Factor Authentications (2FA) with Binance for heightened security. An SMS with the verification code will be sent to a phone. You'll be required to enter this code to log into your account.
Another concern with online brokers is in regards to security may be manipulation of trading. This is highly disadvantageous for users on these platforms. Nonetheless, this is much more prevalent in the case of Market Maker agents who compete with customers on the platform.
Binance Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With Binance
Every online trading platform will have some ups and downs, and no Binance review would be complete without showing both sides. This Binance review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Binance Pro's
Binance offers customer support over the phone.
Binance provides customer support over email.
Binance gives access to customer support over livechat.
Binance offers negative balance protection.
Binance doesn't charge inactivity fees.
You can trade Cryptocurrencies with Binance.
Binance has over 100 employees.
Binance offers social trading.
Binance offers copy trading.
Binance allows scalping.
Binance allows hedging.
Binance Con's
Binance is not highly rated by us. Binance is not regulated. Binance hasn't won any awards. Binance doesn't offer guaranteed stop loss. Binance charges withdrawal fees. Binance doesn't have a wide range of trading instruments. Binance doesn't allow commodity trading. You can't trade metals with Binance. You can't trade energies with Binance.Compare Brokers Similar To Binance
Regulation And Licencing In More Detail
Binance is regulated by Unregulated.
Binance, as a company, has a strong collection of rules for ensuring honest trading onto its own platform. For data encryption functions, it provides an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, customer data is to not be shared with some other institutions or individuals. This includes credit history and other financial information.
Binance Awards
At the time of writing this Binance review, and despite Binance’s impressive offering, the company has surprisingly not garnered any awards to date.Binance Trading Platforms
Binance are a trustworthy brokerage that has been trading for over 7 years. They offer a large range of options in their client accounts.
In the following table we take the main parts of any great brokerage and compare Binance against Startrader, and freetrade.
Binance MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with Binance in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. Binance MetaTrader 4 is compatible with the latest macOS. Binance allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and Binance
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With Binance MetaTrader 4 On iOS Devices
You can download the Binance app or also trade with Binance through the MetaTrader 4 application on the Apple app store.
Download the Binance MetaTrader 4 Program free of charge from Apple's App Store. Binance customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With Binance MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. Binance provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 13500000 customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Binance MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit that you need to get started on Binance is $100. This is a decent amount for those just starting out. It's possible to make more advanced residue as you go along. However, make certain you understand how to make the most of your money before investing larger amounts.
Commission And Fees Explained
Binance is an online brokerage platform, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. That is, an online broker isn't necessarily affected by the amount of customers they have.
But this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily three different types of penalties for this objective.
The first sort of charges to look out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you are charged trading fees. In such cases, you're paying a spread, financing rate, or a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread denotes the gap between the buying and selling price. Financing or overnight prices are people who are charged when you hold a leveraged position for longer than a day.
Aside from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake on your account. They're billed for operations like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, Binance doesn't charge high fees compared to other online brokers. For operations other agents fee for, they do not charge a broker fee, or they charge a lesser sum. This can be beneficial for those who often exchange, for example daily or weekly trading.
However, non-trading fees billed by Binance are relatively competitive. As a result, you're charged more for non-trading activities in your trading account, such as deposits and withdrawal. These aren't related to the purchase and sale of assets.
This Binance review breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees Of Binance
Binance Withdrawal Fees Explained
Binance charges a withdrawal fee when you create a bank transfer. Every time you transfer money into your bank account, these withdrawal charges become applicable.
Withdrawal of money is possible at any time from the Binance account. It's possible to draw sums up to the amount of your account balance, keeping aside the margin utilized. One thing to keep in mind is that you don't necessarily have to have any money in your accounts.
In addition, the withdrawn money will be moved directly to the account you use to create deposits. Therefore, in the event that you used a credit card for deposits, the withdrawn money will be sent into the cardBinance will ask you to provide other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you're withdrawing money in various currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the money you are opting to withdraw in.
Binance Inactivity Fees Explained
Binance doesn't charge inactivity fees so you are free to utilize your account as needed
Even if no fees have been indicated by Binance, it's better that you close the account if you are inactive. Inactivity fees aren't only charged by broker firms but also many financial services.
For additional trading platforms, the inactivity fee is contingent upon the type of account you have chosen. The inactivity fee is subjected to a lot of conditions and should be revealed clearly by the broker beforehand.
Binance Deposit Fees Explained
When you move money into your trading account by your bank account, a deposit fee can be charged by the broker. Most brokers don't charge too much money for this particular operation.
Binance charges a deposit fee for transferring money into your trading account.
Depositing cash on the Binance trading platform is simple. You just have to finish a single-user profile questionnaire to start depositing money into your trading account. You'll have to give an identity proof and evidence of residency to deposit substantial sums.
Compare Binance Vs Other Broker Deposit Methods
What Can You Trade With Binance in 2024?
Note: Binance offers many different trading instruments due to regulatory restrictions in a few countries. Trading instruments offered may be different depending on the country of residence of the client.
Binance has a wide variety of over 52 instruments available for you to trade with.
If trading forex pairs is of interest to you then Binance offer over 80 currency pairs.
Compare Binance, Startrader & freetrade below.
Binance Trading App Review
Note: Binance's mobile app has a lot of functions and is being developed all the time. The below information was accurate at the time of writing this Binance broker review.
Understand the capabilities of the mobile apps of Binance, Startrader & freetrade below.
Trading Education Available At Binance
Understand the trading resources available with Binance, Startrader & freetrade below.
Binance Customer Support
For this Binance broker review we tested the customer service options as well as response times. on the Binance trading platform issue solving effectiveness. Binance supports various languages including English, and Chinese
Binance Live Chat Support
We tested the livechat experience with Binance and it works well. We sent messages via Binance livechat through their app and website and recieved a response after 10 seconds. There was sometimes no response.
We have tested communication via Binance support in a variety of languages across multiple countries. Binance were able to resolve our client's problems.
Binance Phone Support
We called Binance and the call was answered extremely quickly. The call was answered within less than five to ten minutes.
The Binance phone support team were able to successfully address our questions and issues over the phone. We tried the multilingual Binance team by making calls in various languages. Binance made efforts to ensure all of our questions were answered.
The overall support via phone from Binance was good.
Binance Email Support
We have sent numerous messages to Binance and the response times were all satisfactory. The fastest email response time from Binance was 4 hours while the longest response time was 3 days! Sometimes , there wasn't a response. Support response times can vary depending on what is needed from Binance, however we have had this experience sending out 10 emails at various times.
The team was able to resolve and answer our queries. Average email support from Binance was satisfactory.
Alternatives To Binance
If, after reading this Binance review, they do not quite fulfill your requirements check out these Binance alternatives.
We've scoured the web to find the best alternatives to Binance. Click the hyperlinks below to find out more.
Frequently Asked Questions
Can I try Binance before I buy?
Yes, you can most certainly try Binance before you buy. Binance offers demo accounts for the ease of new traders. You can use this feature to build your faith in the machine and yourself and your trading strategies.
If you sign up to get a demo account on Binance, you will set out with a decent amount of virtual money. It is to establish a sense of security and confidence in you until you decide to spend your own money.
With this digital Binancedemo account, you can experiment in any way, to whatever period you wish. You can also open positions, examine different trading strategies, and much more.
Binance specifies on its official site that you are able to exchange real time stocks with your demo account.
Is Binance safe?
You can drop all your worries since we believe that Binance is completely safe to use. It is in compliance with all the principles of Unregulated.
Nevertheless, Binance doesn't give assured stop-loss protection.
Why does Binance ask for my passport?
The reason that Binance asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Binance has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Binance must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Binance?
The process to start trading with Binance is super simple. You need to begin by signing up on the Binance website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but Binance are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with Binance is $100. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with Binance.
The best way to kickstart your trading career with Binance is to open a demo account facility before risking any real money
What funding methods do Binance accept?
There are a number of methods to fund your account with Binance. The process is effortless and quick, with different payment methods in your fingertips.
You can use credit or debit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You must bear in mind that PayPal is not available in every place. The monies Binance accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit methods you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is an opportunity as well, even though it takes approximately 4-7 days.
Is my money safe with Binance?
Yes, your money is safe and protected with Binance. As you already know, Binance works with proper conformation to regulations. It's established lots of steps to guard all of its own investors.
Binance protects its clients' private and sensitive information under SSL encryption. Your funds will be retained highly secure in top-tier banks.
If you want to further protect your account, you can empower Two-Step Verification as well. It takes an SMS confirmation that you get your accounts.
Is Binance trading good?
Yes, trading through Binance is a pleasant and good experience indeed. It's an excellent and intuitive platform with helpful features for your ease. Moreover, you could even gain access to a vast collection of educational tools and assistive material to kickstart your trading expertise.
If you are still skeptical, it is possible to start a eToro demo account and evaluate the trustworthiness of the platform on your own.
Which Countries do Binance support?
Binance operates around the world. However, due to regulations Binance cannot accept clients from Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Binance legit?
Binance is a legit company headquarted in Japan since 2017. They are regulated by Unregulated. Binance is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Binance a good broker?
Binance is a great broker, and its users may vouch for this. The highlight of this platform is its quick order execution on transactions.
You'll find the clean layout of this platform along with the commendable features that are pleasant to work with.
Is Binance a trustworthy broker?
Yes, Binance is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 13500000 users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for Binance?
The minimum deposit to open a live account with Binance is $100
How long do Binance withdrawals take?
Normally, withdrawal of money from Binance is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from Binance to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is Binance regulated?
Binance are regulated by Unregulated
Is Binance a market leading broker?
Binance is indisputably one of the industry leaders. It supports over 13500000 registered users and over 7 years of expertise on its record. They are among the world's leading trading platforms and a prominent figure in the Fintech revolution.
It simplifies this standing to its incredible platform and broad range of resources plus tools so you can put money into capital markets.
Is Binance a con?
No, Binance is not a con. They are regulated by Unregulated and must adhere to their rules. Thus, it is safe to say that Binance is not a scam.
Can you make money with Binance?
Through Binance, many traders earn a great deal of cash. But, just like all online brokerages, it is important to note that traders can also lose money. In particular, Your capital is at risk
This may seem like a small number, but over the year, this adds to a significant amount of gains. Even though Binance supply you all the tools to make money, they can't guarantee that you will gain.
Does Binance have fees?
Yes. To begin trading using Binance, you need to deposit $100. Particular commissions while trading also apply. Any processing fees from your bank might have to be incurred by you.
When was Binance founded?
Binance was founded in 2017 in Japan. Binance is regulated by Unregulated.
How many people use Binance?
Binance is a globally recognised broker with 13500000 customers.
Where is the Binance head office?
Binance has its head office in Japan
Does Binance offer negative balance protection?
Yes, Binance has Negative Balance Protection. It is specially offered while the market volatility keeps clients from letting their accounts go in the red. In such a scenario, Binance offers the ability to reset a customers account balance to zero.
You can go through the important conditions on Binance's site to understand their policies better.
Does Binance offer guaranteed stop loss?
Binance, unfortunately, doesn't provide guaranteed stop loss. Binance provides a chance for its dealers to close their trade in their given price. Apart from that, Binance does not offer guaranteed stop loss.
Does Binance allow scalping?
Yes, Binance does allow scalping. Several traders across the world select Binance due to their services that are trading. They offer trading on Desktop, Android, iPhone/iPad, Mac which allow this.
Does Binance allow hedging?
Yes, Binance does allow hedging.
Can you trade energies with Binance?
No, unfortunately you cannot trade energy stock with Binance
Can you trade agricultural shares with Binance?
No, unfortunately you cannot trade agricultural stock with Binance
Can you trade cryptocurrency with Binance?
Yes, you can trade cryptocurrency with Binance
Can you trade metals with Binance?
No, unfortunately you cannot trade metals with Binance
Can you trade UK Shares with Binance?
No, unfortunately you cannot trade UK shares with Binance
Can you trade US Shares with Binance?
No, unfortunately you cannot trade US shares with Binance
Can you trade Japanese Shares with Binance?
No, unfortunately you cannot trade Japanese shares with Binance
Can you trade German Shares with Binance?
No, unfortunately you cannot trade German shares with Binance
Does Binance accept bank transfers?
Yes, Binance accepts bank transfers for depositing money.
Does Binance accept credit cards?
Yes, Binance accepts credit cards for depositing money.
Does Binance accept PayPal?
No, Binance does not accept PayPal.
Does Binance accept Skrill?
No, Binance does not accept Skrill.
Does Binance accept Payoneer?
Yes, Binance accepts Payoneer for depositing money.
Payoneer, an American financial services company, offers online money transfer and digital payment services. It also provides working capital to customers.
Account holders can send and receive funds using an e-wallet, a virtual bank account number in a local currency or a re-loadable prepaid MasterCard debit card. The Payoneer debit card allows money to be used online or at point-of-sale with the Payoneer debit cards. The company specializes in facilitating cross-border B2B payments. The company facilitates cross-border transactions in more than 200 countries and territories, as well as more than 150 local currencies. It also offers cross-border wire transfers, online payments and refillable debit cards services.
Companies like Airbnb, Amazon, Google and Upwork use Payoneer to send mass payouts around the world. It's also used by eCommerce platforms like Rakuten, Walmart, Wish.com, and freelance marketplaces like Fiverr, Envato, and works in conjunction with ad networks to link these companies with publishers based out of their headquartered countries.
In the content creation space, Payoneer works with Getty Images, iStock, Pond5, and others as well as in the freelance marketplace.
Payoneer's customer service team includes 320 employees that support 4,000,000 customers in 70 languages and in 150 currencies.
The company launched a service in October 2019 that allows small and medium-sized companies to send money anywhere in the world fast and cheaply.
Does Binance accept Neteller?
No, Binance does not accept Neteller.
Does Binance offer Live Chat customer support?
Yes, Binance offers customer support through live chat.
Does Binance offer phone customer support?
Yes, Binance offers customer support over the telephone.
Does Binance offer email customer support?
Yes, Binance offers customer support through email.
What languages can Binance communicate in?
Binance has the ability to communicate and support customers who speak: English, and Chinese
Does Binance have a wikipedia page?
Yes, Binance does have a wikipedia page. It can be found at https://en.wikipedia.org/wiki/Binance
Does Binance offer demo accounts?
Yes, Binance offers demo accounts so you can learn their systems before risking any real capital. New traders can open a virtual portfolio account in order to better understand the areas of Forex trading and test out some of the company’s features before signing up for a live account.
Compare Binance To All Our Other Brokers
Latest Binance News & Insights
Binance Review
Binance Review:
Table Of Contents
- Who are Binance?
- Benefits Of Trading With Binance
- Everything you should know about trading with Binance
- Is Binance Safe To Trade With?
- Binance Risk Disclaimer
- Pro's & Con's Of Trading With Binance
- Compare Brokers Similar To Binance
- Binance Regulation And Licencing
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- Minimum Deposit Required For A Live Account With Binance
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- Compare broker fees against Binance
- Binance Withdrawal Fees Explained
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- Compare Broker Deposit Methods
- What Can You Trade With Binance?
- Binance Customer Support
- Binance Live Chat Support
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- Alternatives To Binance
- Frequently Asked Questions About Binance