Binance is undoubtedly one of the best app for crypto transactions especially hive.

Source

They say you don't know what you have until you've lost it. For the past few weeks that binance suspended deposit of hive, it was quite sad for me. That was when I start knowing the importance of this app. Not that I have any transactions to make or hive to sell at that time, it was because I wasn't just sure if they will open it back or when. I understand the reason behind them closing it for a while due to them being hacked which is understandable. I mean measures must be taken and their security system more tightened. When I saw that the deposit button is now there, it got me so happy

Suspending hive deposit got me thinking how helpful binance has been and how I've been transacting on the app for close to two years now after a friend of mine introduced me to it. Changing from one crypto to another is quite easier on binance compared to other wallets and I know what I'm saying trust me. I've used several other wallets and when I compare them to binance, it's still the easiest and the most user friendly. Also there are lost of coin options. Most wallet don't have some particular coin but binance almost have them all if not all infact(not sure).

In terms of security, I think it's still save to some extent. I haven't heard of anyone loosing their crypto on binance due to pressing bad links even though I can't say the same for Metamask. Most times I wish these big galleries like Opensea, Foundation and the rest use a better wallet other than Metamask. Personally, I can NEVER save my crypto on Metamask unless I'm ready to lose it. I'd rather save on binance. Since I've been using the app, I've never lost any of my coin due to bad security. The only time I lost my crypto was during a transaction with another party. I was still a novice then so I released my coin before confirming the money in my account. I lost around 20k Naira that day which was very painful. Though I learned my lessons in a hard way.

With all these reasons, I can say Binance is a phenomenal wallet and one of the best trading apps I've ever come across. Therefore, if you are a newbie and you want to start trading, buy some other coins, swap to other coins or even save, you can do that on binance. I will highly recommend the app for you.

Posted Using LeoFinance ^Beta

Posted Using LeoFinance ^Beta