Binance Review 2018: Comprehensive Crypto Coin Exchange
Binance is a Chinese cryptocurrency exchange. Binance was created after attracting funds via an ICO (Initial Coin Offering – creating a new digital asset, backed by the project. Changpeng Zhao, former CTO at OKCoin is currently at the helm of Binance. They are known for fast processing speeds coupled with an ability to process enormous numbers of transactions (1.4 million) each second. It’s been quickly gaining ground in market share cementing a place as a top 20 exchange in terms of volume.
Binance transaction has reached a new level and currently score tenth place in the world. Binance offers a generous daily withdrawal limit. They don’t need identity confirmation when the per day remittance is within limit of 2 BTC.
Binance Features
Binance’s trading platform is web-based. Furthermore it offers two distinct trading layouts, a more simple one and a “Pro” version.
Their ICO has created tokens named BNB that are traded on the exchange. They can also be used as a method of paying your trading fees, which will reduce them by 50%. Binance offers their own startup incubator platform as well. The trading functionality of the platform was of more interest so we focused on that for the purposes of this Binance review.
Below is the “standard platform” look:
Below is the advanced display:
BINANCE Advantages
Large Cryptocurrency Pairings Supported
The competitive advantage of Binance’s platform is the ability to trade every major cryptocurrency pairing in existence. Coinbase and Gemini only offer trading of a handful of the larger market capitalization cryptos, whereas Binance allows users access to trade over 100 crypto coins.
Low Fees AND LIMITS
The fee structure is simple as well as being priced. There is a flat 0.10% fee on all trading. The 0.10% fee on trades is one basis point. If you were to buy a cryptocoin at 100 you’d have to sell it higher for 101 to profit.
Ease of Setup
Setting up an account is straight forward, similar to signing up for an account with other service providers. Another advantage is there is no lengthy waiting time, users are able to get setup and running within minutes. This is due to the fact that fiat is not accepted on the exchange.
Binance Provides Significant Trading Volume
Binance is currently the third largest exchange by cryptocurrency trading volume, according to coinmarketcap. At the time of writing, Binance’s volume was an astounding $5,441,711,452 in the last 24 hours! This volume demonstrates their users clear trust in the exchange, as well as the accessibility of the exchange and ease of transacting. This type of volume requires substantial servers and computational power.
Wide Support of Cryptocurrencies
No Verification Requirements
Binance doesn’t require identity confirmation in instances when the per day remittance is within the limit of 2 BTC. The attractiveness of setting up an account with Binance may be greater for a user in a jurisdiction where certain exchanges choose not to allow new users because of restrictions imposed by that location’s governing regulatory bodies.
Ease of Use
You’re able to buy and sell crypto pairings with market or limit orders while specifying the amount or percentage you wish to trade for each transaction.
BINANCE Disadvantages
No Leveraged Margin Trading
Margin trading is not available at Binance. Margin trading is a system which allows you to trade with more money than you actually have in your account. Your balance is then used as a guarantee to maintain your position open.
No Fiat Functionality
This has both advantages and disadvantages. Government fiat deposits are not currently enabled in Binance, instead this exchange focuses only on the digital side of things. Clients can deposit and withdraw the coins supported at the exchange. This means that you’re not able to deposit or withdraw in fiat currency, only cryptocurrency is supported.
Relatively New
Binance was started in only July 2017, according to this Reddit post. This is a major concern, as they don’t have a history. Despite all the good things people are saying on Reddit. it’s worth mentioning as many exchanges have come and gone. Binance appears to have a visible co-founder, unlike BTC-E.
Conclusion
Accessible option for obtaining Different Cryptocoins
Binance is the most rapidly-growing and communally praised cryptocurrency exchange available. It’s China based location may spell issues in the future due to rumors of a “crackdown“. that currently accounts for a large amount of volume. Although Binance targets high frequency traders, it is quite useful for those getting beginning with altcoin trading. Their lack of fiat money deposits may be difficult to swallow for beginners, only supported cryptocurrencies may be deposited. Binance boasts a large number of various cryptocoins for trading.
The main benefit is the ability convert between cryptocurrencies. For instance exchanges such as Coinbase and Gemini are more limited in the number of cryptocurrencies offered. The interface is also conducive to support shorter duration hold time day trading of cryptocurrencies if one were so inclined to deploy that strategy. Binance is an exchange worth looking into and integrating into crypto trading just for their large amount of supported crypto coins.
11 Lawyers You Definitely Don't Want To See Across The Aisle
When one thinks of a lawyer, most imagine the television kind. The Atticus Finches, the Perry Masons, the Jack McCoys. Those guys are not your behind-the-desk, paper shuffling types.They are trial lawyers.
And they do exist in real life, though it is not as easy as it looks on TV.
Trial lawyers are a special breed who think quickly on their feet, who can break down a situation and a person in real time. Of course, they only get to the breaking the witness point by first breaking down the mountains of information lurking in the background of any legal battle.
The group we've gathered here are giants in the courtroom. Their peers are in awe of how they operate, and their reputation brings them the best, most complicated, bet-the-company cases.
It is hard to put your finger on what makes a great trial attorney, but one thing is definitely true. Although toughness of mind is important, it's impossible to bring home wins if the jury does not like you. We've highlighted some of their biggest cases and talked to several of them about what makes a trial lawyer a great one
The Top 10 Most Influential Lawyers in the World
The Top 10 Most Influential Lawyers in the World
This list complied taking
into account results from the Time 100 - "100 most influential people
in the world". Most of the lawyers on this list are now pursuing
alternative careers as politicians, leaders or serving their nation's
government. This list takes into account people who hold a law degree
irrespective of the fact that they currently practice law or not. Here
are the top 10 honorees in alphabetic order :
1. Jerry Brown:
The current Governor of california is a former Yale Law School graduate from the batch of 1964. Brown has an odd record to his name - he is one of the youngest as well as oldest person to govern the state of California. He has been praised in his writ-up for successfully eliminating a $26 billion deficit.
2. Ertharin Cousin:
The the twelfth Executive Director of the United Nations World Food Programme is a former law graduate from the University of Georgia School of Law. Cousin, has often been called “a Chicagoan who helps feed the world” for her community work in the lower income neighborhood of Chicago.
3. Hillary Clinton:
The 67th Secretary of State and a forerunner in the race of being The first woman president of the United States of America is a former Yale graduate. If she does go on to be President, she will not only be the most influential lawyer but also one of the most powerful person in the World.
4. Kirsten Gillibrand:
Senator Gillibrand is a former graduate of UCLA School of Law. Kirsten started her career as an associate at the Manhattan-based office of Davis Polk & Wardwell in 1991. She then went on to serve as a law clerk to Judge Roger Miner on the United States Court of Appeals for the Second Circuit in Albany.
5. Eric Holder:
The former Attorney General of the United States was honored by the Time 100 for his exceptional service as a lawyer. He is a former Columbia school of law graduate, and has worked in all the sectors of the law - from judgeship at D.C. Superior Court to working for a big law firm at Covington & Burling.
6. Xi Jinping:
Mr. Xi is the current President of the People's Republic of China. He received his LL.D. degree from the prestigious Tsinghua University. His leadership skills and his work in the development of China has been hailed as - America's greatest challenge and opportunity of the 21st century.
7. Megyn Kelly:
Megyn has worked at some of the biggest law firms in the World. She has worked as an associate at Bickel & Brewer before going on to work for Jones day. Shee is a former Albany Law School graduate and now has her own show on Fox News - “The Kelly File”. Fun fact, Megyn is a member of a sorority group called - Kappa Alpha Theta.
8. John Kerry:
John is a former Secretary of State of the United States of America and a Boston College Law alumni. Before deciding to join politics, he worked as a legal prosecutor. His presidential hopes were shot down in 2004.
9. Barack Obama:
The man who has been labelled as the most powerful person in the World ranks number 9 on our list. A former graduate of the prestigious Harvard school of Law and two-term president used to teach Constitutional Law at U. Chicago Law.
10. Vladimir Putin:
A list involving “influential” people hardly seems to be a genuine if it does not include - Vladimir Putin. The President of Russia, is a former graduate from Leningrad State University (now known as Saint Petersburg State University), which also happens to be the oldest law school in Russia. Putin studied International law as a student at Leningrad.
1. Jerry Brown:
The current Governor of california is a former Yale Law School graduate from the batch of 1964. Brown has an odd record to his name - he is one of the youngest as well as oldest person to govern the state of California. He has been praised in his writ-up for successfully eliminating a $26 billion deficit.
2. Ertharin Cousin:
The the twelfth Executive Director of the United Nations World Food Programme is a former law graduate from the University of Georgia School of Law. Cousin, has often been called “a Chicagoan who helps feed the world” for her community work in the lower income neighborhood of Chicago.
3. Hillary Clinton:
The 67th Secretary of State and a forerunner in the race of being The first woman president of the United States of America is a former Yale graduate. If she does go on to be President, she will not only be the most influential lawyer but also one of the most powerful person in the World.
4. Kirsten Gillibrand:
Senator Gillibrand is a former graduate of UCLA School of Law. Kirsten started her career as an associate at the Manhattan-based office of Davis Polk & Wardwell in 1991. She then went on to serve as a law clerk to Judge Roger Miner on the United States Court of Appeals for the Second Circuit in Albany.
5. Eric Holder:
The former Attorney General of the United States was honored by the Time 100 for his exceptional service as a lawyer. He is a former Columbia school of law graduate, and has worked in all the sectors of the law - from judgeship at D.C. Superior Court to working for a big law firm at Covington & Burling.
6. Xi Jinping:
Mr. Xi is the current President of the People's Republic of China. He received his LL.D. degree from the prestigious Tsinghua University. His leadership skills and his work in the development of China has been hailed as - America's greatest challenge and opportunity of the 21st century.
7. Megyn Kelly:
Megyn has worked at some of the biggest law firms in the World. She has worked as an associate at Bickel & Brewer before going on to work for Jones day. Shee is a former Albany Law School graduate and now has her own show on Fox News - “The Kelly File”. Fun fact, Megyn is a member of a sorority group called - Kappa Alpha Theta.
8. John Kerry:
John is a former Secretary of State of the United States of America and a Boston College Law alumni. Before deciding to join politics, he worked as a legal prosecutor. His presidential hopes were shot down in 2004.
9. Barack Obama:
The man who has been labelled as the most powerful person in the World ranks number 9 on our list. A former graduate of the prestigious Harvard school of Law and two-term president used to teach Constitutional Law at U. Chicago Law.
10. Vladimir Putin:
A list involving “influential” people hardly seems to be a genuine if it does not include - Vladimir Putin. The President of Russia, is a former graduate from Leningrad State University (now known as Saint Petersburg State University), which also happens to be the oldest law school in Russia. Putin studied International law as a student at Leningrad.
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