In this article we will list the top 10 reasons why we trade on Binance.
Binance has established themselves as the largest crypto exchange and trading site.
They have a good reputation and they deliver really good trading products.
On top of this, they offer their services for the lowest fees.
Lets break down the top 10 reasons to trade by Binance, one-by-one.
1. Binance has the lowest Trading Fees
Binance trading fees are probably the lowest you can get.
2. Binance has Low Spreads
Binance has extreme low spreads in the market.
Spreads are the difference between the lowest sell order and the highest buy order in the order book.
3. Binance has high trading volume and Low Slippage
Binance is the most popular Bitcoin trading site and has therefor the highest trading volume in many markets.
Since Binance has the highest trading volume in many markets, they also have the lowest slippage.
Slippage is the difference in price between the market price and what you actually pay for your order.
Lets take an example.