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Whilst standardising much of the exchange, Binance have also been able to add a fresh feel to the site. They have switched up the position of most features and as you can see they have put the order book and BNB the pairings on opposite sides whilst also moving the order functions to the bottom right apposed to be being central. The reason for this leads into my next point…

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The amount that you can withdraw each day is determined by your verification tier. Without submitting any verification details, you’re placed at Level 1 and can withdraw up to 2 BTC worth of cryptocurrency a day.

In the next step, you can get the payment details provided by Binance to make your SEPA transfer. Enter the amount of Euro you want to deposit into your Binance account and click on the "continue" button.

And you don’t even need to make huge volume to be charged fee at a lower rate on Binance. You can simply open your Binance account with a 20% fee discount and/or pay fees in BNB to receive a 25% fee discount.

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Currencies supported: AED, AFN, ALL, AMD, ANG, AOA, ARS, AUD, AWG, AZN, BAM, BBD, BDT, BGN, BHD, BIF, BMD, BND, BOB, BRL, BSD, BTC, BTN, BWP, BYR, BZD, CAD, CDF, CHF, CLF, CLP, CNY, COP, CRC, CUC, CUP, CVE, CZK, DJF, DKK, DOP, DZD, EEK, EGP, ERN, ETB, EUR, FJD, FKP, GBP, GEL, GGP, GHS, GIP, GMD, GNF, GTQ, GYD, HKD, HNL, HRK, HTG, HUF, IDR, ILS, IMP, INR, IQD, IRR, ISK, JEP, JMD, JOD, JPY, KES, KGS, KHR, KMF, KPW, KRW, KWD, KYD, KZT, LAK, LBP, LKR, btc LRD, LSL, LTL, LVL, LYD, MAD, MDL, MGA, MKD, MMK, MNT, MOP, MRO, MTL, MUR, MVR, MWK, MXN, MYR, btc MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PAB, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SBD, SCR, SDG, SEK, SGD, SHP, SLL, SOS, SRD, STD, SVC, SYP, SZL, THB, TJS, TMT, TND, TOP, TRY, TTD, TWD, TZS, UAH, UGX, USD, UYU, UZS, VEF, VND, VUV, BNB WST, XAF, XAG, XAU, XCD, XDR, XOF, XPD, XPF, XPT, YER, ZAR, ZMK, ZMW, crypto ZWL.

imageThe testnet is not a live product and is a great way to gain community feedback and make improvements. Hopefully this review is considered when they are making changes! Binance launched the testnet of their decentralised exchange (DEX) last week so I thought it was only appropriate to give my initial thoughts on the user experience (UX).

There are three ways to access your wallet which are via Ledger (recommended), Keystore file or Mnemonic Phrase. Firstly as an experienced digital wallet user, I personally liked the Ledger integration as that is perfect for me. Downloading that file with the long ugly name and keeping it safe just doesn’t seem practical for everyone. I think when ‘Average Joe’ see’s these options for the first time it can be quite intimidating and overwhelming. Although I’m aware this is a broader issue in crypto, I mention it now because if there is anyone who can tackle this issue, it’s probably CZ. I asked a friend of mine who is a crypto noob what a keystore file was and they had no idea.

(User Experience is much more than just UX Design!) I thought the tutorial at the beginning explaining the process of creating the wallet and managing it going forward was brilliant. However, the underlying problem (not just for Binance but for crypto as a whole) is the complexity of accessing your wallet. I know this isn’t part of the design as such but it is still part of the user’s experience when using the end-to-end service of the Binance DEX.

Begin by logging into your account and visiting the tab on the homepage for the cryptocurrency you want to trade. Click on your chosen trading pair to enter the transaction page. For example, if you wanted to buy BNB using Bitcoin, you would go to the BTC Market, then type "BNB" into the search box. Trading is very straightforward on Binance.

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