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Zhao Changpeng is a very popular face on financial news channels where he regularly gives interviews on what the company is doing in the market. Shown below is the interface of the Advanced trader. It features interactive charts and other trade information such as the Order history below the chart , the market prices for various cryptocurrency assets right of the chart and the order placement buttons. The advanced trader also features multiple tools of technical analysis such as indicators and line tools.
It is also possible to change the chart type bar chart, line chart, candlestick chart and the time frames from 1 minute to 1 week.
Binance Mobile App: There is also a mobile app which can be downloaded from the respective app stores. The asset list on Binance. Each listed cryptocurrency is paired against Bitcoin or Ethereum.
Trading on Binance exchange website is done in two ways. Advanced trading is speculative short-term trading that is done on the Binance advanced trading platform. Deposits and withdrawals can be conducted on Binance only with selected cryptocurrencies. These deposit cryptocurrencies are Ethereum and Bitcoin.
It is presently not possible to deposit fiat currency on the Binance exchange. The deposit process commences with securing your Ethereum or Bitcoin. To do this, you must already have a wallet that holds your Ether or Bitcoin. For users of Ethereum, it is essential that you observe a lot of security in the entire process.
Once you have sent Ethereum or Bitcoin and confirmation is achieved, your account is funded in minutes. You can now click on the Ethereum-based cryptocurrency pairs of your choice to either purchase tokens using the Basic trade function, or buy the CFDs to trade on Binance actively.
To withdraw any tokens you have purchased, follow the instructions set out on the Withdraw tab on Binance to send the tokens to your wallet. Please ensure that you acquire the correct wallet for whatever token you have bought. Once you send tokens to a wrong wallet, you cannot retrieve them! Deposits and withdrawals require the use of 2-factor authentication. Download the Google Authenticator app from the Play Store if you use an Android phone to generate the necessary tokens for your transactions.
Given the spate of hackings of exchanges that have occurred in the last one year, and the proximity of Hong Kong to North Korea, a country which has been fingered in some major heists of cryptocurrency exchanges, the Binance exchange has invested heavily into state-of-the-art security protocols to protect users and traders on its platform. The following security features are in place:.
There are two levels of limits on Binance, regarding how much cryptocurrency funds can be withdrawn from an account. Accounts that are at level 1 can only withdraw a maximum of 2 BTC in 24 hours. Verified accounts are at Level 2 and can withdraw as much as BTC in 24 hours.
Binance is available to all countries of the world except those on a sanctions list Russia, Sudan, Iran, Syria and North Korea or under regulatory prohibitions United States, China, Indonesia. If your deposit reference is missing, or incorrect, we will not be able to automatically process your transfer.
Please, provide your bank with all necessary beneficiary information in order to execute the transfer. If any information is missing or incorrect, banks may require additional days to process your request or the transfer may be rejected additional fees may incur. If your wire transfer is still not credited to your account within the provided time frames, first please contact your bank and confirm whether your wire transfer has been successfully executed.
If your transfer was sent to the intended bank account, kindly request a transfer receipt. You may then raise a support ticket providing full details and attaching your transfer receipt as proof of payment. The transfer receipt is required to identify and confirm your transaction.