Recently I began using Binance for the first time and also the experience has become put simply excellent.

I traditionally traded on Bittrex while searching for lower cap alt coins but during the last few months Bittrex seems to have slowed down, and become more buggy than normal with laggy chart data and delayed notifications (like hours late).
I originally switched to using Binance on account of them listing some unique projects not available on Bittrex yet for example IOTA and WTC, two solid projects that were storming within the coinmarketcap rankings.
Why I like Binance and do you know the benefits?
Below are some factors why I am enjoying using Binance.
1) Forks
Many exchanges and web wallets don’t shell out your Bitcoin fork coins rapidly, in fact as of publishing 4 months on Coinbase users still don’t have their Bitcoin Cash.
One benefit with Binance is when quickly they support forked coins. Just about as soon as a fork happens you will possess that same number or equivelent variety of coins in the fork with your wallet when you hold Bitcoin on the exchange.
Thus far on Binance I have had Bitcoin cash, Bitcoin Gold, Bitcoin Diamond and Bitcoin silver the mention a few.

2) Airdrops
Airdrops can be a somewhat new marketing tactic for first time coin owners that has mostly been rewarded to Ethereum holders using the MyEtherWallet however Binance is now supporting a lot more these free airdrops the place you literally review your account and think “I didn’t purchase these coins” and “wait, what even are these coins”. It’s a very important thing because it’s free but the objective of the coin creators is usually to encourage you to definitely then check out the coin and hopefully buy more. In any case selling these could be a nice little bonus for the crypto portfiolio.
3) Fees
The fees on Binance may be reduced automatically by opting directly into pay using their own BNB token, this is a smart idea and also reveals that the BNB coin is an excellent investment because it grows in value due to the increased use around the exchange.
The principle fee is .10% for all those customers on all trades regarless of the customers volume, which we think is a fair way to do things, not favouring the whales. If you decide to use BNB coin to pay for the fees (which doesn’t involve any manual work on your part) after that your fees reduce to .05% on all trades. Excellent!
4) Usage of New Coins
Using Binance gives you the cabability to buy plenty of coins which could not even be around on Bittrex, additionally, it provides one of the most trustworthy and safe exchanges to purchase such coins and is far simpler than muddling towards you through EtherDelta unless you know what you are carrying out or have zero other choice. When there is not any other method of buying the Tokens I might always want to buy via Binance, as i use EtherDelta.
5) Referral Commissions
Despite internet affiliate marketing getting a bad name throughout the years something is designed for sure, it functions! It generates interest and yes it empowers it’s users to accomplish the marketing instead of spending that budget elsewhere. The caveat is that it can end up getting people misleading people with the idea of generating commissions. If you will, a double-edged sword.
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