One of the world’s largest cryptocurrency exchanges, Binance has reopened its registration portal and is accepting new users, offering users a potential alternative to the industry-leading Coinbase. At the time of writing, Binance is the largest exchange in the world by volume, with $6.25 billion being traded daily, according to CoinMarketCap.
Binance’s huge success in the sector has recently caused it to halt new user registration because of the colossal influx of crypto enthusiasts trying to join. Just last week it was estimated that [250,000 new accounts]http://www.trustnodes.com/2018/01/05/binance-adds-250000-new-users-day) were created, a number that made the exchange shut the door to new users.
While Binance will once again let you register, they’re limiting the number of accounts they’re letting users create. “We are pleased to announce that Binance will re-open limited user registrations starting today,” explained the Binance support page.
“To ensure performance for our existing users, only a limited number of new registrations will be allowed each day. Registration open times will vary from day to day, without prior announcement.” If you’re interested in getting involved you better act quick, as a lot of the available spots could go pretty quickly.
Here’s how to transfer your funds from Coinbase — another extremely popular cryptocurrency exchange — to Binance. First off, you’ll need a Binance account to put your cryptocurrency of choice in. Read more from inverse.com…
thumbnail courtesy of inverse.com