What is Binance
The recent news surrounding the collapse of numerous crypto exchanges is calling into question the viability of this asset class, but there is a pretty good chance that the exchanges that are now defunct weren’t all that trustworthy to begin with. Just like stock brokers used to commit widespread fraud during the middle of the 20th century, fraud that resulted in tens of millions of dollars being stolen from regular folk, the crypto space is experiencing a similar kind of growing pain and the exposure of so many fraudulent exchanges is a massive component of that.
The truth of the situation is that going for a trustworthy exchange can give you way more confidence that your money would not disappear without your knowledge. Perhaps the most trustworthy exchange out there is Binance, and you can see for yourself why this is the case by reading a review about it from an objective source. Binance has managed to position itself as one of the few exchanges that are legitimate, and this is because of the fact that they weather all of the controversies with integrity as well as transparency.
The best thing about Binance is that it doesn’t just force you to make risky trading decisions. Instead, it helps you manage your risk by giving you plenty of hedging options such as their BUSD flexible savings plan which offers 10% returns per year. The fact of the matter is that you can combine risky investments with safer ones on Binance which helps you to see constant capital growth instead of getting panicked and stressed out when your whole portfolio starts to come crashing down around you, and that makes it a great exchange to go for.