Cryptocurrency exchange with a focus on the Chinese market
Binance is a cryptocurrency exchange with a focus on the Chinese market and other Chinese coins. Currently, it supports English and Chinese users. The Binance token (BNB) was created during the ICO event to fund the development of the Binance exchange.
Binance is capable of processing 1.4 mil orders/second, has multi-language support – Chinese, English, Korean, Japanese and has all the major coins available – BTC, ETH, LTC, BNB etc. Trading fee is 0.1%
One of the biggest exchanges out there with volumes of over a billion dollars. They have their own ERC20 token which allows you to sell for half the fees. However you need to sell for a minimum of 200k sats per trade which might be a disadvantage to some traders out there. They have had history with some technical difficulties and recent DDOS attacks which shut the exchange down for hours
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