What can I use instead of Binance?

What can I use instead of Binance?

Top Alternatives to Binance

  • UPHOLD.
  • Coinbase.
  • HitBTC.
  • Kucoin.
  • NiceHash.
  • Kraken.
  • CEX.IO.
  • BitMEX.

How legit is Coinbase?

The short answer is “yes, Coinbase is a legitimate cryptocurrency exchange and broker”. That is because of its high profile investors and highly regulated location (San Francisco). Coinbase is very unlikely to run away with your money.

What is better than Binance us?

Coinbase Pro consistently has a higher trading volume, higher liquidity, and lower slippage than Binance US.

Are Binance us Fees high?

While it doesn’t offer as many cryptocurrencies and crypto-to-crypto trading pairs as its parent company, the 50-plus selection at Binance.US still outpaces many other U.S. cryptocurrency exchanges. And its 0.1% trading fee is lower than many other U.S. exchanges. Binance is known for its high-speed trade execution.

Is Binance a banning US customer?

In July 2019, Binance gave its United States users 90 days to prove that they had not violated Binance’s terms of services, and if they could not provide evidence, then Binance barred them from trading and depositing on their exchange.

What happens if Binance gets hacked?

Deposits and withdrawals on Binance’s platform will remain suspended but trading will be allowed. Binance also warned that “hackers may still control certain user accounts and may use those to influence prices.” However, the company said that it will cover the incident “in full” and no users’ funds will be affected.

Can Binance be hacked?

Earlier this month, Binance, one of the largest cryptocurrency exchanges, suffered an attack where hackers stole $40M worth of Bitcoin. It leveraged phishing – human weakness, it involved stealing from a hot wallet – system weakness, and the hackers overcame two-factor authentication (2FA) – implementation weakness.

Can you have 2 Binance accounts?

You can create sub accounts in binance if you have a corporate account user.

What does 10x mean in Binance?

A 10x means if you have 10USD you can TRADE for 100USD. 1.

Can I withdraw from Binance without verification?

If you have not completed the identity verification for your account, your withdrawal limit is set to 2 BTC for every 24 hours.

How do I become a VIP 1 Binance?

Traders holding at Binance equal to 20 BTC or 100 BTC or more at other exchanges will receive VIP+1 for a month. To encourage users with high trading volume, Binance will upgrade the VIP level of users with holdings of 20 BTC and higher at Binance, or 100 BTC at other exchanges, to a VIP+1 tier for a month.

What is VIP level in Binance?

Binance Pool users are able to enjoy VIP trading benefits on Binance.com. VIP levels will be determined based on each user’s average daily hashrate while connected to Binance Pool. Additionally, Binance VIP users will also enjoy discounted fees when they connect their hashrate to Binance Pool.

What fees does Binance charge?

General: 0.1% spot trading fee; 0.5% Instant Buy/Sell fee. At 0:00 AM (EST) every day, your trading volume over the past 30-day period and your daily BNB balance are evaluated. Your Tier level and corresponding Maker/Taker fees will be updated approximately one hour later.

Do you need to verify identity on Binance?

Binance requires users to complete Identity Verification to increase their account security. Please visit How to Complete Identity Verification if you haven’t completed the verification process.

How long does it take to get verified on Binance?

Normally, the verification process takes less than 1 hour. However, the automatic verification relies on third-party security services, so it may take 36h or more during peak time.