Learn more about Binance
Binance is one of the most prominent cryptocurrency exchanges in the world. Established in 2017 by the infamous crypto entrepreneur Changpeng Zhao, CZ grew to the most famous crypto asset exchange within 180 days, making it a legendary success story.
The people at the helm of Binance share the same vision for a free and decentralised financial ecosystem as Satoshi Nakamoto, the creator of Bitcoin. With this goal in mind, Binance is one of the best digital exchanges for crypto gambling, as their terms of service welcome crypto gamblers with open arms.
While you will have to provide Binance with Know Your Customer (KYC) documentation to verify your account details, a requirement of their cooperation with local governments to gain access to fiat banking transfers, they will always honour a crypto deposit or withdrawal for online gambling.
Gamble Online with Your Favourite Crypto!
Binance ensures its customers can gamble online with their preferred cryptocurrency by offering access to buy, sell, and trade more than five hundred of the most sought-after decentralised cryptocurrencies, altcoins and stablecoins.
The company offers services 24/7 in nearly two hundred countries worldwide to accelerate crypto adoption. They also allow customers to purchase and withdraw the earnings from any crypto sales in eleven fiat currencies, including the US dollar, the Euro, the Australian dollar, the Canadian dollar, the Pound Sterling, and the Japanese Yen.
Binance is a Leading One-Stop Crypto Platform
Binance has a deep-seated desire to see the global financial market turned upside down, with the power to change markets returned to the hands of the people who own the wealth rather than being left up to a cabal of uber-wealthy bankers.
They believe that global access to cryptocurrency will bring this into being and help the unbanked gain access to necessary financial services that are currently denied them.
To facilitate this digital financial revolution, they offer a suite of readily available products:
- The Binance Exchange: Here, it facilitates the purchase of cryptocurrencies through your local bank account, enabling you to retain, stake, trade, or sell these digital tokens. When selling, you can quickly transfer the cash value back to your linked fiat account.
- The Binance Coin: Rather than move other tokens around, Binance released its cryptocurrency, BNB. This token can be bought, sold and traded like many others, but on the Binance network, it can be used to pay transaction fees to make it even cheaper to use crypto when gambling online.
- The Binance Wallet: This self-custodial wallet is the latest product from Binance, which allows you complete control of the access keys and digital assets stored there. Keep your keys secure when using a non-hosted crypto account; accessing this secure digital vault is impossible without them.
Whether you use the Binance non-custodial wallet option or another trusted solution like Exodus, moving your funds off an exchange when you are done trading is advisable. Exchanges, due to their fiat banking integration, are centralised servers. The security of the blockchain lies in its decentralised nature, which self-custodial wallets take advantage of.
Top 9 Reasons To Use the Binance Exchange
With its longstanding reputation for leading the crypto market and working with local regulators to acquire the licenses needed to operate legally worldwide, Binance is a true market leader.
Here are nine reasons we believe they are an outstanding crypto casino exchange:
Wide Variety of Cryptocurrencies:
Binance offers various cryptocurrencies, allowing users to choose from multiple transaction options.
Enhanced Online Security:
Binance employs advanced security features to protect users' funds and personal information.
User-Friendly Interface:
The platform provides a user-friendly interface, making it accessible for beginners and experienced traders.
The Safety of Liquidity:
Binance is one of the largest cryptocurrency exchanges globally, ensuring high liquidity for the traded assets.
Secure Asset Fund for Users:
Binance insures its customers against losses with a $1 billion SAFU account comprising 16,277 BTC, 1,364,102 BNB, and nearly $100 million in altcoins.
Low-Cost Fees:
Binance generally has competitive trading fees, and users may benefit from discounts by using BNB to pay transaction fees.
Handy Trading Features:
For users with trading experience, Binance offers advanced trading features, including spot trading, futures trading, and options trading.
Custom Mobile App:
Binance has a mobile app that allows users to trade and manage their portfolios.
Staking and Savings:
Binance allows users to earn passive income through staking and savings programs, allowing you to make interest on your cryptocurrencies.
The cherry on the cake for new crypto users is that the Binance exchange offers a welcome bonus for new customers who verify their account information. It can fluctuate in value and currency but has been as high as $100 USDT. This is an incredible way to start your crypto-gambling journey.
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