Unfortunately, you can’t use Binance to buy cryptocurrencies such as Bitcoin or Ethereum with PayPal.Īs usual with sending cryptocurrencies from one place to another, there might be an additional transaction fee. This is the address you will need to send your coins to. To deposit coins, simply go to your binance wallet and look for the deposit address of the respective cryptocurrency coin you’d like to deposit. This means you can only trade cryptocurrency coins amongst each other, as opposed to being able to use fiat currency (USD, GBP, EUR, etc.). However, here is a list of the top coins currently traded on the exchange:īinance Payment methods Copy link to sectionĬurrently, Binance only allows you to deposit and withdraw cryptocurrencies. What cryptocurrencies are supported on Binance? Copy link to sectionīinance is constantly updating the list of supported cryptocurrencies on its platform. The trading platform also contains both advanced and intermediate trading tools and instruments for traders to look at coin movements and conduct market analysis.īinance online wallet. Connected to the exchange, Binance also provides its users with an online wallet where they can see their coin balance, as well as coin deposit and withdrawal addresses to allow for the moving of cryptocurrencies. You can transfer cryptocurrencies like bitcoin, bitcoin cash, ether, and litecoin into more than 130 altcoins (e.g. What can I do on Binance? Copy link to sectionīinance operates as both a cryptocurrency exchange and online wallet:īinance Exchange. Allows you to buy and sell cryptocurrencies. Binance also has its own cryptocurrency token, the BNB (Binance Coin), which allows users to reduce their trading fees if they use the token as a trading pair. With the capacity to handle 1.4 million transactions every second, Binance has become the largest crypto exchange in terms of daily trading volume and managed to attract over 9 million users to its platform in just a year. The platform was launched in July 2017 and currently supports the exchange of over 130 coins including Bitcoin, Litecoin, Ethereum, and Ripple (XRP). Security, trading fees, tradable assets and moreīinance is a cryptocurrency to cryptocurrency exchange service based in Hong Kong.
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