How To Change From One Cryptocurrency To Another On Binance?

Binance is a decent exchange for beginners to get acquainted with crypto. If you’re interested in giving it a go, this Q&A will provide all the answers you need.

What is Binance?

If you want to get started with cryptocurrency trading, then Binance is one of the best places to start. It was founded in 2017 by Changpeng Zhao and Huobi Group Limited. Since its opening in September 2017, it has acquired reputation as both an innovative blockchain asset exchange and leading global fintech company in the industry. Its mission is “to provide users around the world with high quality digital currency services and contribute to building a better financial future for everyone” (https://www.binance.com/). The platform provides users with friendly interfaces that allow them to trade cryptocurrencies within 24 hours after registration and over 300 trading pairs — among which Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH) and Litecoin (LTC) are popular ones among traders worldwide. It also compares various features across currencies such as transaction speed, transaction cost etc.. They claim that their goal is to create an ‘open community where people can discuss different topics related to blockchain technology and crypto assets’ and they actively welcome questions from newbies on forums like Reddit: https://www.reddit./r/binance/.

Technical Aspects of Binance Exchange: This section describes general technical aspects of B