Troubleshoot unidentified Binance customer service number for better solution
Among the top list of cryptocurrency
exchanges, Binance is counted as one of the World’s largest Exchange. Binance
is considered among the largest cryptocurrency exchange based on its trading
volume as compared to other exchanges. The exchange is currently offering
Multi-language feature to its users/customers across the globe. The Exchange
justifies the name of the company “Binance” as: ‘Binary’ + ’Finance’
= Binance. The company was
originally founded in China in 2017 but shifted its main base to Hongkong. The
Chinese government by the end of 2017 banned the usage of cryptocurrency in
China, resulting in shift of the company to another location.
Features of the Exchange
Binance has built a secured platform
with Multi-tier and multi-cluster system architecture. The exchange’s website
and app are supported in all devices such as Support web, Android, Html,
Wechat, PC. The exchange is capable of processing 1,400,000 orders per second
that proves its high performance when compared to any other exchange platform.
And this feature of Binance Customer service
number at 1800-509-3075 proves to be the fastest that led to the
popularity of this cryptocurrency exchange in the market. In terms of language,
Binance is available in 6 different languages, Chinese, English, Japanese and
Korean. While Turkish and Vietnamese are newly added languages in their
exchange. It supports multiple coins like BTC, ETH, LTC and BNB. The website
quotes that “the underlying binance platform has been deployed on 30+ exchanges
already with a seamless user experience. Binance charges only 0.1% trading fee
while its deposit fee is just free. Also, the exchange offers a very simplified
process of trading cryptocurrencies explained clearly with diagrams at the
website (support desk). The website even offers their own logo in various
designs available for download at the website. But it is only to be used for
the purpose of publishing articles/news/blogs on name of Binance.
In January 2018, the exchange
recorded $1.3 billion BNB market capitalization. In a monthly report (dated:16,
March 2018) by the exchange reveals that: Binance has total 7.9 million
registered users. Finance magnets has compared it to the population of Hong
Kong as a recent statistic shows 7.4 million residents in Hong Kong. CEO Zhao
Chanpeng quoted in an interview that “the exchange had attracted a quarter of a
million new users in an hour, just after the reopening of registration after a
brief period of break. Binance has closed down its registration for new users
due to overflooding of users on their website.
Binnace Chain is a new development by
the exchange that will be the part of the near future. The new platform will be
used by the users to transfer and trade blockchain assets conveniently. The aim
of the platform is to speed up the transaction settlement. As a result, the
Binance Coin (BNB) which is the exchange’s own token will be now upgraded and
run on public blockchain platform. Hence BNB will be the native coin of
Binance.
The Road Ahead for
Binance
Being the largest cryptocurrency
exchange, Binance support Number has recorded an exponential growth of
potential users despite the fact that, cryptocurrency market is running low
from the year 2018. Binance exchange proved to be ahead of the low curve of the
cryptocurrency market in the recent months. The exchange definitely shows the
sign of long-term growth plans with various other platforms launches through
its website. At present, they are looking forward to moving out their important
base - Japan (due to new government regulations) to Malta (in Europe, located
between Sicily and North African Coast).
Besides, running the platform for
cryptocurrency exchange for trading, Binance also publishes its own news
through announcements on its website.
Conclusion
As an exchange of cryptocurrency
Binance proved its position in the world to retain its users. This is a plus
point for the exchange to look forward for a better user experience as they aim
to improve their exchange modal for the benefit of the users/customers.
Recently, it has been in the news for shifting its location from Japan to
Malta, but this this not slowed down the flow of new users on their exchange
platform. Hence, offering multiple languages by the exchange will let them get
hold of more customers in future with the introduction of Turkish and
Vietnamese. Also, it is an interesting fact to consider for Binance that, with
the reopening of the exchange in 2018, the users have showed great interest in
trading of digital currencies on the Binance website instead of opting for any
other cryptocurrency website.
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