5 Simple Reasons Why You Should Use Binance Exchange by gembit

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cryptocurrency · @gembit · Dec 31 '17

$0.03

5 Simple Reasons Why You Should Use Binance Exchange

<b>1. Top in Volume</b>

![topexchange.png](https://steemitimages.com/DQmW9e2ZhCLu8geWUZPD4h9emWdJo68nu911v1duTWDFhvR/topexchange.png)

The screenshot says it all, doesn't it.

<b>2. Large Number of Alt Crytocurrencies Listed</b>
As of writing, Binance has a massive total of 232 trading pairs with Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB) and USD Tether (USDT). Out of these 232, there are 97 BTC trading pairs.

Binance has been listing many of the new cryptocurrencies and "hyped" coins so you will not miss out the opportunity to buy them!

<b>3. Relatively Cheaper Trading Fees</b>
If you use BNB  to trade any coins on Binance, trading fees are halved from 0.1% to 0.05% for the first year upon registering which makes it really worth it considering the fact that Binance trading fees are already so low! Just exchange BTC/ETH for some BNB after you are registered with Binance and toggle on "Using BNB to pay for fees" under the Account tab to make full use of the cheaper fees.

Also, with the rising demand and usage of the Binance platform, it would not hurt to own BNB for it has much potential to rise in value. The image below shows the charts of BNB from a month back:

![bnb.png](https://steemitimages.com/DQmSpKuGeCKDY6epCYVnJcicgm27ZHfnmZ72Tgy63pwXhAc/bnb.png)

<b>4. Position on Dividends and Forks</b>
Not all exchanges do this but Binance was the first to distribute GAS to NEO holders. All NEO holders on Binance will get GAS which is produced by NEO monthly. 

In addition, during forks, Binance will take a snapshot at the time of the fork. After the forked block-chain and wallet are available and stable, Binance will credit the forked coins to users. *However, users only have 7 days to withdraw their forked coins.*

<b>5. Binance Referral Program</b>

![inviteBanner.jpg](https://steemitimages.com/DQmNcPqkWRUtMEpP9ZFPUEJLscxNiqZMHNfg1hQxia5gixt/inviteBanner.jpg)

After registering with Binance, you get your own unique referral link. Invite your friends to register via your referral link and get rewarded once they complete a trade on the exchange. You get 50% of their trading fees! *However, the rate of 50% may be readjusted after a certain period of time, depending on the circumstance.*

<b>If you have enjoyed reading my article and want to register with Binance, please do use my referral link https://www.binance.com/?ref=11270571 to register.</b> 

Many thanks to those who sign up with my link to help a college student on bank loans. 

ETH address: 0x48E5b1b6c7AE23ACC75F575492a362e6A1004fc4 (donations welcomed)

👍 gembit, killface, abda, authors.leage

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@authors.leage · Dec 31 '17

### Greetings my friend!
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👍 ukrainian.trail, asuleymanov, authors.leage

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voter	rshares	pct
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ukrainian.trail	553,703,724	5%

@steem-network · Dec 31 '17

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@steemitboard · Dec 31 '17

Congratulations @gembit! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

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@steemitboard · Dec 30 '18

Congratulations @gembit! You received a personal award!

<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@gembit/birthday1.png</td><td>1 Year on Steemit</td></tr></table>

<sub>_[Click here to view your Board](https://steemitboard.com/@gembit)_</sub>


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@steemitboard · Dec 30 '19

Congratulations @gembit! You received a personal award!

<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@gembit/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@gembit) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=gembit)_</sub>


###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!

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