Our Binance Review - Is Binance Safe And Reliable Exchange?
Whether youre just starting out with cryptocurrencies or you are a professional trader, Binance offers a wide variety of tools for engaging with digital asset markets. Its straightforward to purchase and sell cryptocurrencies through the Binance platform. There are also some additional features that make the platform capable of handling complex trading operations, as well. In this article, you are going to learn how to purchase, sell and trade cryptocurrencies on Binance exchange. Lets start this Binance review by telling you where Binance is located: they have recently relocated to Hong Kong. This cryptocurrency exchange that has been gaining momentum over the past few months. The platform gives users access to a robust set of trading tools, charts and security features. The exchange was created by experienced professionals in the cryptocurrency space, and the most recognizable name behind this project is that of Changpeng Zhao, former CTO at OKCoin . Binance was created after attracting funds via an ICO (Initial Coin Offering creating a new digital asset, backed by the project), and it began live trading in July 2017. Binance is known for its fast transaction processing as well as its low trading fees (0.1%). The Binance technology is capable of processing 1.4 million orders each second. This makes the platform a world leader in potential cryptocurrency exchange volume. By offering both Basic and Advanced exchange interfaces, Binance provides professional traders with access to more complex options, such as margin trading, and it also makes it easy for beginners to execute simple trades. Binance currently supports Chinese, English, Korean, and Japanese language. Making deposits to Binance in any supported currency, creating an account online, and downloading the Bina Continue reading >>
How Long Do Cryptocurrency Deposits Take?
How long do cryptocurrency deposits take? We have a requirement for a cryptocurrency deposit to receive a number of confirmations on its blockchain before the funds can be credited to your account. After a transaction is broadcasted to a Blockchain, it is presented to be included in a block by the miners. Once a transaction has been included in a block, the transaction has had 1 confirmation. With each subsequent block, the number of confirmations increases for the transaction. To avoid the risks of double spending, funds arent credited until a number of confirmations have taken place depending on the cryptocurrency. Each block is found at a different rate depending on the blockchain. For example, a block is found on average every 10 Minutes on the Bitcoin blockchain, and Kraken only credits XBT/BTC deposits to a clients account after 6 confirmations, which takes approximately one hour. Continue reading >>
The Ultimate Beginners Guide To Binance Exchange: Buy/sell Cryptocurrency
The Ultimate Beginners Guide to Binance Exchange: Buy/Sell Cryptocurrency So youve decided to step into the world of cryptocurrency. Youve bought your first Bitcoin (BTC), Ethereum (ETH) or Litecoin (LTC) on Coinbase (Many people will refer to these as the Big Three), and now you have friends talking about XVG, NEO, OMG, WTC etc. Coins such as these are what we refer to as altcoins. Unlike the big three most of these coins cannot be bought on Coinbase. They need to be bought on different exchanges. My personal favorite exchange is Binance. Binance is a secure exchange that many people use, I like that Binance fees are halved because they have their own currency Binance coin(BNB) which will when used to pay your transaction fee will cut your fee in half! The guide below will explain just that. To register for Binance use the link below. My referral link is there and I would appreciate it, if you used it. Click on the register button and fill out all your information. Click register button and check click on the confirmation e-mail sent to you. THIS NEXT PART IS IMPORTANT TO PROTECTING YOUR FUNDS AND INVESTMENT. 2FA or Two factor Authentification basically adds another level of security in addition to your password. So even if someone hacks your password unless they also have the Google Authenticator code from the app they cannot log in. In addition to being the more secure option, Google Authenticator is the only one available for those of us not in MainlandChina. Open your Google Authenticator app and hit the red + button below then scan the QR code on your screen and enter the 2FA code given to you from the app. Congratulations youre now protected! Now that you have Binance set up, you need to transfer your funds from Coinbase (I will be using Ethereum as an example). Continue reading >>
Binance Exchange Beginners Guide
Home Crypto Investor's Guides Binance Exchange Beginners Guide Yuval Gov Last Updated On Jan 16, 2018 @ 10:42 As writing this article, Binance is the fastest growing exchange for trading cryptocurrencies. In the short duration of 5 months, it has reached the 10th position among the top volume cryptocurrency \ exchanges. Binance has become so popular due to some of the factors such as availability in multiple languages, very neat user interface, and it also enables processing the orders at an extremely high speed. Binance exchange is available only for trading cryptocurrencies, hence, it is not available for any FIAT wired deposits. Binance is growing at a very fast rate, and if it will keep growing, it will soon become the biggest crypto exchange worldwide for trading altcoins. Many newly launch coins and tokens are getting listed on Binance as compared with the other major exchanges (Poloniex and Bittrex). If you have missed some of the ICOs, you can look for a some of them on Binance. Click here to go to Binance, the link will open in new window so you can still follow this guide. Bookmark this page, as there are many phishing sites which are exactly similar to the actual site. You should always examine the website URL and check for the Secure Certificate which will authenticate the original site. Click on the Register button which is present in the right corner of the webpage and provide all the required information. For Password, follow the guidelines and make a strong password. Finally, retype your password and then click the Register button. Check your email account inbox where you will get an email for confirmation of the new account. Step 3: Enable 2-Factor Authentication (2FA) When you log in for the first time, a pop-up will show up and ask you to enable the Continue reading >>
The Complete Beginners Guide To Binance Review 2018 - Is It Safe?
At this time, the digital currency exchange market is filled with a wide variety of choices, therefore choosing the right exchange or trading platform can be quite a headache for both novice and veteran cryptocurrency users. Binance is a popular Chinese cryptocurrency exchange, which is popular for its crypto to crypto exchange services . While the company is still fairly new on the market, it has managed to gain a lot of popularity thanks to its impressive number of Initial Coin Offering listings, but also due to its low trading fees. In our review, we will attempt to outline everything that you must know about Binance , including how it works, the crypto pairs that you can exchange, trading fees/limits, security aspects, and customer support. Those who visit Binance for the first time will quickly notice that the platform offers two options for digital currency trading- basic and advanced. Neither the basic, nor the advanced versions are bound to be seriously user-friendly. However, anyone with a background in digital currencies and with a bit of knowledge into how exchanges work should be able to use the platform and its different services. The main difference between the basic and the advanced version is that the advanced one offers more-in-depth technical analysis of digital currency value over time. At this time, the dashboard for the basic version offers several graphs and charts for the pairs that youre trading, order books, and trade history. And this is what the advanced view looks like: To use the exchange, users will first have to create an account. The process behind this is fairly simple and straight-forward and you dont have to verify your account for level 1 which is a 2BTC daily withdrawal limit. For level 2 which allows up to 100BTC per day, you need Continue reading >>
Coinbase | Why Is My Transaction 'pending'...
This article is for digital currency transactions sent to or from your Coinbase wallet. If you're wondering about a pending purchase or bank deposit, you can learn more here . Incoming transactions show up in your account almost instantly (within a few seconds) but will show as 'Pending' until there have been at least six network confirmations. Once a transaction is verified, it will show Complete in green. This lets you know that the transaction cannot be reversed and that the funds can be withdrawn. Coinbase runs its own digital currency nodesthat communicate with the rest of the network. When you initiate a transaction, we broadcast it to the rest of the network so it can be confirmed. Our nodes may lose sync with the rest of the network for short periods of time. This can cause transactions to remain in the "Pending" state for longer than normal. Usually the delay is under an hour, and the transaction will eventually go through normally. Occasionally, transactions are not accepted by the rest of the network and therefore are never considered to be 'confirmed'. Continue reading >>
Ether Taking Long Time To Send Between My Accounts?
Ether taking long time to send between my accounts? I sent ether from my 'Account 1' to 'Main account (Etherbase)' and it has got 0 out of 12 confirmations. It has been about 20 minutes since the transaction was created. I am using the Mist wallet version 0.8.9. Fee paid: 0.00042002 ETHERGas used: 21,001Gas price: 0.02 ETHER PER MILLION GAS Transaction ID: 0x58fb752c8807ed1c5fa46a4a1c17cf37e97f024697e7f1309597f3679376e5a5 Block height: 3367602 (97 block confirmations) I am wondering what the reason for the delay is for the transaction, or can you not send to the 'Etherbase' account? Is there somewhere to view the status of the blockchain? What's the transaction ID? Did you check if it's known by a block explorer? Also, which wallet are you using? Rando Mar 17 '17 at 11:37 Transaction ID is: 0x58fb752c8807ed1c5fa46a4a1c17cf37e97f024697e7f1309597f3679376e5a5 Block height: 3367602 (97 block confirmations) William Ross Mar 17 '17 at 11:50 I dont see any problem with this. Looks like the transaction went through immediately. Is your Mist wallet maybe not up-to-date? Or did you by any chance send ether to the wrong address? Max Binnewies Mar 17 '17 at 14:03 Ah yea, I just discovered the block explorer when investigating it through the Mist client. Shows it at 24 minutes now but not confirmed... can it be because my fee was too low or because there is too much traffic on the network? William Ross Mar 17 '17 at 10:45 As long as you signed the transaction, it should have been included already.. Edit: It could be the gas was too low? Did you set the gas to zero? It should of thrown an error, though. Dakota Quint Mar 17 '17 at 10:49 It looks like it used gas. I put the details on the amount of gas used in the original question now. Says it used 21,002 gas. I'm wondering if someho Continue reading >>
How To Transfer Bitcoin, Ether & More From Coinbase To Binance Smartphones :: Gadget Hacks
The most convenient way for US users to buy Ripple (XRP) or Stellar (XRM) is through Binance . However, you can't deposit money directly into this app, but you can deposit cryptocurrency like ether or bitcoins to buy other alt-coins. The easiest way to do that is by using Coinbase , the most popular cryptocurrency app. Despite some delays in transaction times and freezes on new registrations, this combination of Coinbase and Binance has proven to be quite dependable. Binance in particular, has the added benefit of letting you trade with both Bitcoin (BTC) and Ethereum (ETH) as base currencies, which means you have more options not only in trading, but also in terms of choosing between digital coins based on faster transaction times and lower network fees. Don't Miss: How to Install the Binance App on Your iPhone You can transfer Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), or Litecoin (LTC) from Coinbase to Binance, but I'll demonstrate using LTC. The bulk of the process will be the same regardless of which coin you choose, but note that if you transfer BCH or LTC from Coinbase, you'll have to convert them into BTC, ETH, or Binance Coin (BNB) to trade the coins on Binance. Step 1: Find Your Source Wallet in Coinbase To start, you'll need to select the wallet that you'll be transferring coins out of. There are three ways to access your wallet in Coinbase either tap on the coin's chart, select "Accounts" at the bottom of the screen, or tap "Your Accounts" above the coin's chart. Tapping on a coin's chart will take you directly to its landing page, complete with a graph showing its price movements this week. From there, open that coin's specific wallet page by selecting the "LTC Wallet" tab (for example) right below the "Buy" and "Sell" buttons. Tapping on "Accounts Continue reading >>
Forget Referrals On Binance & Kucoin, Check Out These Paycheck Coins: Bnb, Kcs
Paycheck Coins: BNB, KCS coin holders make living from dividends paid by crypto exchanges How investing in shares/custom tokens of popular exchanges could result in growth of asset value as the exchanges mature and increase their user base &volume When everyone is trying to understand whats a Blockchain, whats a Bitcoin, Ethereum, Ripple and suddenly the new ones like IOTA, Cardano theres a hidden gem thats sitting there which could be a better investment. Exchange Specific Tokens Coins or Custom tokens by Exchanges which serve the purpose of saving transaction fees. Well call them as ESTs:) This is an observation & knowledge gathered from few other educational sources and not an investment advice. Very young cryptocurrency trading platform called Binance , which started just few months ago has now claimed its top slot as the worlds largest crypto exchange by 24hr volume. Its all because of astounding marketing, new kind of business model and aggressive coin listings. Binance now features a lot of coins which has greater potential in terms of project capability and not listed anywhere on Bittrex, Poloniex. This gives Binance a great advantage. The content of this blog is not intended as investment advice. its just a how to tutorial. Showing my portfolio and using examples, purely as a record of what I have done and does not constitute advice on whether a currency should be bought or sold. Along with this, another crucial advantage of Binance is having its own coin called BNB which is solely used to pay transaction fees on each trade. Trading fees is painful but cannot be avoided! But what if trading platform incentivizes people to use a custom token instead of your alt-coin & give a 50% discount on fees when you use this custom token. Thats BNB for you. Given this adva Continue reading >>
Binance Crypto Exchange Review 2018 | Features & Fees | Finder.com
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed. Binance is a China-based cryptocurrency exchange that gives users access to a robust set of trading tools, charts and security features. Following a successful initial coin offering (ICO), Binance began live trading in July 2017. By offering both Basic and Advanced exchange interfaces, Binance makes it easy for beginners to execute simple trades, and provides professional traders with access to more complex options, such as margin trading. Downloading the Binance mobile app or creating an account online is completely free. Making deposits to Binance in any supported currency is also free. You may incur a fee when withdrawing funds from Binance, although fees vary depending on the currency. When trading on Binance, you will be charged a 0.1% fee on each trade. Binance has issued its own token, BNB, which can be used to pay any kind of fees incurred on the exchange. Using the BNB token reduces transaction fees on trades by a specified amount: 50% during the first year, 25% during the second year, and so forth. Beca Continue reading >>
5 Simple Steps To Transfer From Coinbase To Binance
5 Simple Steps to Transfer from Coinbase to Binance The most stupidly-simple way you can buy some Ripple (XRP), Stellar (XRM) or any other weirdly named alt coin is through Binance. Now do remember that Binance is not like a shop where you can just buy as much as Bitcoin, Ether (Ethereum) or at other cryptocurrency as you want. Which means you need to buy your Bitcoins and your Ethers at a place like Coinbase and then have it deposited into Binance to be exchanged for the coins you really want. In this guide, Ill show you how you can transfer your Bitcoins, Ethers, Litecoins and others from your Coinbase account to your Binance account. You can transfer your Bitcoin, Bitcoin Cash, Ether (Ethereum), or Litecoin from your Coinbase to Binance but do know that the if you transfer Bitcoin Cash or Litecoin from Coinbase, youll then have to convert them into Bitcoin, Ether(Ethereum), or Binance Coin (which is Binances own in-platform coin) to trade the coins on Binance. Step 2: Next, choose the cryptocurrency that you want to send from your wallets. Step 3: Now you have to enter the address that is found in your Binance. (If youre on mobile tap on the little paper airplane icon which is on your top right hand side of your screen and then you will be asked to enter the amount you want to send and tap on Send. Dont worry! It wont be sent yet because you still need to give it your Binance deposit address). To find this address just jump into your Binance account, select Funds at the top of your screen (or at the bottom if youre on mobile) and then tap on Deposits Withdrawals. (on mobile its just Deposit at the top). Once thats done just tap on Deposit on the cryptocurrency youre transferring and then get the Deposit Address. Voila! If youre still confused, Ive created a step-by- Continue reading >>
Deposit Does Not Arrive
The exchange I am sending to Binance from shows that my transaction completed, why havent I received anything on Binance? A withdrawal marked as completed or success on an exchange does not mean that the transaction has fully processed to the receiving exchange it simply means that the transaction was successfully posted to the blockchain. Once a transaction is on the blockchain, it will still take a variable amount of time to confirm and post to the destination exchange. Different blockchains require different amounts of confirmations before a transaction is verified. It is not uncommon for a blockchain to be congested with many transactions, causing unexpected/unusual delays in processing your transaction. You may use the transaction ID (TxID) to follow the status on the blockchain. If your transaction shows unconfirmed on its blockchain, this is beyond our control. You must wait for the transaction to be processed on the blockchain. Once it is included in the blockchain, it will begin to produce confirmations. For Bitcoin and Bitcoin-based projects, your transaction should arrive on Binance by 2 confirmations. For Ethereum and most other projects (quicker to confirm), it should arrive by 30 confirmations. If you have sent to Binance from another exchange but not received a TxID, please contact customer service for that exchange. Noted: If the transaction is confirmed by Blockchain but not be credited to your binance account, please reopen original ticket and attached: Blockchain explorer sceenshot with the confirmed transaction; your account balances Screenshot missed the transaction; Well try best to solve it as soon as possible.By the way,priority would be low if tickets lack of above screenshots. 1) How do I check the transaction status on the Bitcoin blockchain? Continue reading >>
Sending Bitcoin From Coinbase To Binance?
Sending Bitcoin from Coinbase to Binance? I purchased Bitcoin on coinbase.... it went to my bitcoin wallet... I went to Binance app and selected deposit under funds typed in BTC and got the QR address. Copied that and went to coinbase went to the send screen and typed in the amount and pasted the address I got from Binance. It deducted it from my coinbase and says pending.... Its been pending for a few hours now. This is my first transaction. Does it just take a couple days? From what you've explained, it sounds like you did everything right. If it says pending in Coinbase, then it's waiting for the BTC transaction to go through on the blockchain. After the BTC has been successfully sent, you should receive an email from Coinbase confirming the withdrawal. And you should also receive an email from Binance confirming the deposit. I sent some BTC a few days ago from Coinbase to Poloniex, and it took a few days for it to go through. One of the downsides to Bitcoin is the slow transaction time because the network is overloaded at the moment. As you long as you put in the correct Binance BTC wallet address, then just be patient and wait and it will/should go through just fine. And welcome to the forum... which Vancouver are you from, Washington or Canada? Great! Do weekend counts as days? Or is it just weekdays? Im really new to this, Im more in for the long haul not really the day to day trading. Thanks for welcome, Im browsing the forums to gain more knowledge I guess with these delays of transfers it defeats the purpose of buying right away especially if not storing the coin on the exchange...? Ill be storing everything on my ledger Nano s so Im guessing Ill always have a delay and transfers wont be quick I believe it's calendar days, not weekdays or business days. But a Continue reading >>
Eth Transfer From Binance Not Received
My ETH transfer from binance has gone through but not showing up in my HITBTC account, over an hour now, please help. Hi, I have the same problem. I've sent some ETH from Bitfinex to hitbtc but it did not arrive although the transaction has been shown as completed 4 hours ago. I've used that adress several times today sucessfully. now I recognized, that my ETH adress changed after sending it from Bitfinex to HitBTC. I'm sure I copied the right adress and it changed afterwards by itself. Great News! All of a sudden it's now showing up! I don't know if it's simply delayed (by couple of hours), or posting my complaints in this forum helped (and tickets). But NOW, I cant' transfer it from my Main account to Trade account to start trading. That won't work now. @HitBTC_SupportTeam ?? reply to my emails and unfreeze my ETH, don't blame it on the network - I've been sending ETH elsewhere within minutes..... HASH: 50416e37955d6d0254a1d296a6d51b95df9a7b6c7d28d7337f08875faff78517 Nguy cho my ri tnnguyen1980. Tao chuyn ETH t 24h trc gi vn cha nhn c Eth still did not make it and over a week... Please help! TX#: 0xf4f49781407489e0fd61dde4b348f8cde5024e946782b7297201c78eccfb73ff Same problem here. Transferred ETH from coinbase to HitBTC on 1/4/18 6:30PM MST. It is now 1/6/18 and nothing in my account yet. Coinbase says transaction completed. The wallet address has since changed. Where the hell is the money HITBTC support?? Sent in a ticket yesterday, no response except for the automated one with ticket number. Continue reading >>
Eth Transfer From Gdax To Binance?? Whats The Hold Up 41min And Counting?
ETH transfer from GDAX to BINANCE?? whats the hold up 41min and counting? anyone else been having an issue with this? I did a test transfer of .01 ETH from gdax to binance I copied the deposit address from binance eth deposit address and pasted that (making sure its correct) to the gdax eth withdraw tab selected withdraw funds windows popped up i selcted eth address and pasted the address fro binance, entered my 2fa code and withdrew the eth funds from gdax Never have had this issue at all, it seems to be something with the fee that has been set by GDAX or by Binance themselves. Could you send the TX so we're able to see if it's just an issue with the ETH network -- which while unlikely is still possible. Would you be able to just show your TX here? Quote from: squatz1 on December 26, 2017, 05:21:11 AM Never have had this issue at all, it seems to be something with the fee that has been set by GDAX or by Binance themselves. Could you send the TX so we're able to see if it's just an issue with the ETH network -- which while unlikely is still possible. Would you be able to just show your TX here? if i go into coibase and click on the eth pending transfer it shows the deposit wallet for binance eth i can click on that and it opens up etherscan and no transactons show up even though i did the transfer from gdax (which only shows transaction ID doesnt show any pending status, i read you can check by going to coinbas so thats what i did and there it was. but in coinbase it shows the binance wallet it says TO: "binance wallet address would be here" its kinda funky should be able to see all the info in one place on gdax. when you say TX what are you referring to, the transaction ID or the wallet address on binance? im not too keen on displaying the deposit address even though Continue reading >>