1. What is Binance ?
Answer: Binance is a global cryptocurrency exchange that allows users to buy, sell, and
trade digital assests like Bitcoin, Ethereum, and thousands of other coins.
It also offers services like staking, futures trading, and NFT marketplaces.
2. Is Binance safe to use?
Answer: Binance uses several security featurwes, including two- factor
authentication (2FA), withdrawal whitlist, and cold wallet stronge.
However, as with any platrform, users should take personal
security precautions. Binance was hacked in 2019 but has since
improved its security measures.
3. Do i need ID to use Binance?
Answer: Yes Binance Requires users to complete idintity verification
(KYC) to access full feuters. this involves submitting
a government- issued ID and a selfie. it's a legal
requirement to comply with anti- money
laundering (AML) regulations.
4. What are Binance trading fees?
Answer: Binance charges a 0.1% spot trading fee,
which can be reduced if
you pay with Binance Coin (BNB). Fees may vary based on your trading volume.
QOOR WEBITE
FOLLOW THIS LINK ON BELLOW
👇
0 Comments