as a typical exchange that facilitates crypto to crypto trades.It simply implies that it plays as a host to trades in virtual currencies and doesn’t accept real worlds money for example USD ,EUR, etc.
Like any sober start of a startup, Binance has had its own days of snail-pace raising of money through ICO aka initial coin offerings, which very much resonates to a crowdfunding or IPO aka initial public offerings, where people can or are invited to invest and help a company start its business. In the case of Binance,iys ICO raised about $15 million, and in return, they gave investors their own cryptocurrency token, which is named as the Binance Coin(BNB).IN 2017, people invested around $5 WHOPPING BILLION in ICOs.
CRYPTOCURRENCY SUPPORTED BY BINANCE
One of the merits of binance lies in its broad support extending to a variety of coins. It facilitates trade in digital currencies ranging from Bitcoin, Bitcoin cash, Bitcoin gold, Ethereum, Ethereum classic, Litecoin, Gas, Dash, Ripple, EOS, NEO and many more. Aforementioned, binance also supports tokens as part of ICO listings. These tokens can be traded for profits too.
As we are aware of the fact that binance is very quick and punctual ad new coins and tokens ICO gradually means you can purchase them at a cheap cost allowing the traders for a greater profit down the lane. Trading pairs available are in BTC, ETH, BNB, USDT.
Binance supports about 120 crypto coins including all of BTC, ETH, LTC, etc. and many more, near about 100+ wallets and 240 trading pairs, and boasts of 5000 applications for coin listing in their inbox.
Basic issues related to Binance exchange:There are several issues which the customer’s faces is related to Binance exchange are as follows:
¦ You might face issues like hacking.
¦ Not able to
sign in your account.
¦ Unable to recall an account password.
¦ Not able to exchange currency.
¦ Delay in the withdrawal process.
¦ Not able to sell or purchase a cryptocurrency.
¦ Problem with the mobile app.
¦ 2-F authentication problem.
¦ Failed authentication process.
Conclusion:In this article, we have talked about vital angles and why Binance Phone number is important. This really can’t be invalidated by anybody that Binance is the fastest developing exchange for exchanging cryptographic forms of money.
Contact
Binance Support Number 1-833-290-7999 For Further Support
