Trading on CEX vs BINANCE
I heard about bitcoin in 2009, I tried to get some unfortunately I did not have debit or credit card at time. In 2017 I heard about it again, I had credit card this time so I made an ID on cex.io and started trading. Then I researched about other exchanges tried to make IDs but most of them closed new registration. I started trading on binance.com, It was good too. I thought about sharing my opinion on both platforms so I am here.
CEX support debit and credit card from almost every country in the world, It is neat, simple and light and also accept mobile numbers from almost every country. They charge 3.5% plus 0.25 USD on one deposit and minimum amount is 20 USD.
But it does support few currencies, they recently removed lite-coin from its currencies, they charge 0.01 ETH and 0.001 BTC on Ethereum and Bitcoin respectively. It is good exchange for beginners but nothing has much for an investor who want to trade everyday.
Binance supports a lot of currencies, you can use Bitcoin, Ethereum or Binance coin as a primary currency for trading. It has basic and advance level trading view with detail.
But you can not use credit card on it, you can only transfer you cryptocurrency to other address or convert it USDT which is also a cryptocurrency.
Congratulations @kamrantariq88! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
You published your First Post
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP
Congratulations @kamrantariq88! You received a personal award!
Click here to view your Board of Honor
Do not miss the last post from @steemitboard:
Congratulations @kamrantariq88! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!