Know Binance in a few words
Binance has established itself as the number 1 platform in the world of cryptocurrencies, attracting millions of users thanks to its immense variety of services and record trading volume.
The most popular crypto platform in the world, Binance stands out for its very low fees (euro deposits, buying and selling cryptos, etc.), which is ideal for buying cryptocurrencies at the best price.
Binance offers many additional services to generate passive returns with its cryptos, notably via staking, lending and the MegaDrop and Launchpool products.
What is Binance?
Since its inception in 2017, Binance has established itself as the world's largest crypto platform to buy, sell, and trade cryptocurrencies.
Binance offers many other crypto investment services and tools that make it a preferred exchange for both beginners in cryptocurrencies thanks to the many educational contents, as well as for the more experienced thanks to the sophisticated trading functionalities.
Additionally, Binance fees are reduced for users who own BNB, the cryptocurrency of Binance's BNB Chain blockchain.
Holding BNB crypto in your account is optional, but interesting for regular users who use advanced features like MegaDrop and Launchpool, 2 products that allow you to earn crypto.
Thus, Binance is the top reliable crypto platform to start investing in cryptocurrencies and to enjoy advanced trading features.
What cryptos are available on Binance?
Binance is one of the most widely used platforms in the world, with over 500 cryptocurrencies available, and the highest liquidity of any platform.
Here is a list of some cryptocurrencies that can be traded and sold instantly at low cost:
Bitcoin (BTC)
Ethereum (ETH)
Solana (SOL)
BNB (BNB)
BABY (BABY)
Artificial Superintelligence Alliance (FET)
dogwifhat (WIF)
Ripple (XRP)
Binance also offers cryptocurrencies from leading protocols of many crypto narratives, allowing its users to gain exposure to market trends. Some of the most popular include:
Bittensor (TAO) and The Graph (GRT) for Artificial Intelligence (AI);
Pendle (PENDLE) et Aevo (AEVO) pour les Real World Asset ;
Filecoin (FIL), Flux (FLUX) and Ankr (ANKR) for the DePIN narrative.
What fees does Binance charge?
Deposit, purchase and withdrawal fees
The fees charged by a crypto exchange are a major criterion, because too high a percentage can impact performance. Binance positions itself as one of the best crypto platforms in the world thanks to its low transaction fees.
Crypto deposits on Binance are fee-free and withdrawal fees are specific to each cryptocurrency.
Here are 7 crypto tools and services that make Binance stand out from the crowd.
BNB: Binance’s utility crypto
BNB (formerly Binance Coin) is Binance’s native cryptocurrency. Binance created its own crypto as an ERC-20 token on the Ethereum blockchain, before migrating to its own blockchain, the BNB Smart Chain.
BNB Logo
A user who has BNB in their Binance account benefits from 3 major advantages:
Reduced transaction fees when paid in BNB;
Access to Binance Megadrop and Binance Launchpool when staked;
Access to the BNB Smart Chain blockchain on which to pay transaction fees as well as smart contract creation fees.
These benefits offered to Binance users who hold BNB help to increase interest in this cryptocurrency. The value of BNB tends to follow the general state of the Binance company and therefore reacts as well to positive announcements as to controversies.
BNB has other peculiarities such as quarterly token burns to reduce the number of BNB in circulation over time and thus reduce inflation.
• Discover in detail the BNB cryptocurrency and the technology of the Binance platform
Binance Auto-Invest: Invest in cryptos on DCA
Binance Auto-Invest is Binance’s Dollar Cost Averaging (DCA) crypto investment solution that allows users to schedule the automatic purchase of cryptocurrencies at regular intervals.
Concretely, a user can create an investment plan for one or more cryptocurrencies directly from their Binance account. This programmed investment feature is ideal for beginner investors on the platform.
DCA auto invest binance
Binance Earn: easily stake your cryptos
Binance Earn is the staking service that allows you to generate passive returns on your cryptocurrencies directly from your Binance account.
Concretely, users immobilize their cryptocurrencies to secure an underlying blockchain network and are remunerated in tokens.
binance earn
The simplicity of crypto staking on Binance makes it accessible to all users, regardless of their level of blockchain knowledge. Choose the cryptocurrency you want to stake on Binance Earn and the rewards are immediately generated and distributed to your wallet.
You can then use them as you wish. A flexible savings option also allows you to unlock your cryptocurrencies at any time in order to have them in your spot wallet.
Binance Web3 Wallet : le portefeuille non-custodial
Within the Binance app, the Binance Web3 Wallet allows users to interact with decentralized finance (DeFi) applications on the blockchain. The Binance Web3 Wallet is an alternative to the centralized platform and allows users to exchange cryptocurrencies between different blockchains via the Binance bridge.
This Binance wallet is a compromise between the ease of the Web2 user experience and the security specific to Web3, ensured by a Multi-Party Computation system in order to spare users the problem of keeping the private key.
Our opinion on Binance fees
Binance gathers such volumes that the platform can offer its users services at ridiculously low fees. In addition, fee reduction mechanisms such as referral codes, BNB payments or even obtaining a VIP level make the platform even more interesting.
**Source :
https://cryptoast.fr/binance-avis-meilleure-plateforme-crypto/