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While Binance is not a platform that anybody involved in the world of cryptocurrency needs an introduction to, there may be a few features that users are not aware of.
Of course, Binance offers all the standard features that are expected from an exchange. The only difference is that it offers them at a far greater level than most others.
For example, like other platforms, it is possible for users to purchase cryptocurrency for fiat currency. However, the payment methods available are insane, and they vary according to cryptocurrency.
If users are willing to go through the P2P route to purchase crypto, there are over 100 payment methods available. These range from local bank transfers to SWIFT and PayPal.
When it comes to trading, everything is available from spot and margin to futures and swaps. There are also additional features available to users such as strategy trading. Strategy trading allows users to automate the strategy and make money without a lot of input.
Due to its large size and larger regulatory scrutiny, Binance has an extensive support program. There is extensive material available regarding responsible trading and how to avoid fraud as well.
Apart from offering all the standard finance features that allow users to use cryptocurrency as money, Binance recently moved into NFTs as well. Once again, Binance does not offer anything substantially different than other NFT marketplaces, but the marketplace is larger.