The Benefits of Having a Binance Account
Users may swap fiat currency for Bitcoin or other cryptocurrencies on the Binance Exchange. On Binance, you may buy cryptocurrency in a various methods.
P2P (peer to peer) trading
With Binance’s peer-to-peer network, you can buy Bitcoin and other cryptocurrencies with your local money and pay no fees. With the crypto assets escrowed by Binance, you have the flexibility to pick your preferred counterparties and payment methods for your trades on Binance P2P.
Visa card for Binance
The Binance Visa Card allows users to spend their cryptocurrency holdings at establishments that only take credit or debit cards in exchange for fiat money. When you make a purchase, your crypto holdings will be converted to fiat (with no costs) behind the scenes, so you don’t have to have money on hand.
Liquid Swap on Binance
Binance Liquid Swap, like Uniswap, is an automated market-maker (AMM) platform. Users may trade currencies with low slippage on Liquid swap, or contribute their liquidity in exchange for a part of the fees. The primary distinction between Binance Liquid Swap and Uniswap is that Liquid Swap is a centralized platform.
Decentralized Finance (DeFi) is an acronym meaning “decentralized finance.” It uses smart contracts on a blockchain to give customers with decentralized financial services. DeFi staking was created by Binance to assist proxy users in participating in relevant decentralized projects. This enables users to use DeFi in a simple and user-friendly manner.
To participate in DeFi Staking and earn the greatest potential returns most easily and safely, there is no need to handle private keys, acquire resources, conduct transactions, or complete other difficult activities.
Binance Fixed Savings requires you to deposit assets on a regular basis for a set period of time, and you can earn higher returns than with Flexible Savings. Please keep in mind that if you withdraw ahead of time, you will forfeit your interests.
BNB Vault is a new feature from Binance that allows you to earn BNB with a single click. BNB Vault is a simple-to-use investing product with a capital guarantee. By combining multiple Binance products and the Binance ecosystem, it may enable customers optimize the earning potential of their BNB from both centralized and decentralized financing in just one step.
Smart Pool on Binance
Smart Pool is a service that allows users to earn more money by automatically switching hash rates to mine multiple currencies using the same algorithm. The SHA256 algorithm is supported by Binance Smart Pool, and users’ hash rates can be automatically switched between BTC, BCH, and BSV.
For any trader who does not require rapid fiat liquidation, a flat rate of 0.1 percent is highly appealing. Binance’s futures trading platform has significantly lower costs, starting at 0.02 percent for makers and 0.04 percent for takers, respectively.
To get your Binance account, follow the button below.
Follow the link below to buy cryptocurrency on Binance.
P2P Buy/Sell https://p2p.binance.com/en?ref=36687617
Nigerian Telegram community (https://t.me/binancenigeria)