Steemit Engagement Challenge Season 4 Week 1||App changed my life| by @cryptoloover | Burnsteem25%

Assalam-o-Alaikum

Hello guys welcome here to all I hope your are all good and doing well by the grace of Allah Almighty I am here for participate in the engagement challenge week 1 season 5 in the community the name of this contest is What is your favourite App? so let's start;

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Prepared from

What are Apps?

A mobile application or application is a computer program or software application designed to run on a mobile device such as a cell phone, tablet or watch. Mobile applications often differ from desktop applications that are designed to run on desktop computers and web applications that run in a mobile web browser rather than directly on a mobile device.

Apps were originally designed to enhance productivity such as email, calendars, and contact databases, but public demand for apps has expanded to other areas such as mobile gaming, factory automation, GPS and location-based services, order tracking, And has led to rapid expansion in other sectors. Buy tickets. , there are millions of applications available. Many applications require Internet access. Apps are usually downloaded from the App Store, which is a digital distribution platform.

The word "request" is short for "request" and has since become very popular. In 2010, it was named Word of the Year by the American Dialect Association.

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Apps are generally divided into three categories: native apps, hybrid apps, and web apps. Native apps are designed for mobile operating systems, usually iOS or Android. Hybrid apps are built using web technologies such as JavaScript, CSS, and HTML5 and act like web apps that are hidden in their own containers.

The App will change my life (Binance)

Binance has a steep learning curve, supports advanced users, and offers hundreds of forex trading options for international traders. While the Binance platform is user-friendly and offers three levels of trading experience, it is not as easy to use as Coinbase.

AppBinance
Founded2017
FounderChangpeng zhao
Area servedGlobal except for united states
CEOChangpeng zhao
ProductsCryptocurrency exchange
Website Linkhttps://www.binance.com/

Binance is the world's largest cryptocurrency exchange by daily cryptocurrency trading volume.Established in 2017, registered in the Cayman Islands.

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Details of Binance

Binance was founded by Changpeng Zhao, a former high-frequency trading software developer. Binance was originally based in China, but later moved its headquarters out of the country after the Chinese government tightened regulations on cryptocurrencies.

In 2021, the US Department of Justice and the IRS opened an investigation against Binance for money laundering and tax crimes. The UK Financial Conduct Authority ordered Binance to cease all regulated activities in the UK in June 2021.

In 2021, Binance will share customer data, including names and addresses, with the Russian government.

The company was innovated in China but moved its waiters and headquarters from China to Japan before the Chinese government banned cryptocurrency trading in September 2017.

In January 2018 it was the largest cryptocurrency exchange with a market cap of $1.3 billion.In March 2018, Binance announced its intention to open an office in Malta to meet stricter regulations in Japan and China.

All options and Menus of Binance

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you can see in the screenshot there are 5 menus in the App of Binance Deposit used for any coin relate to binance Referral used to make new acount with your refers and trade.

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if we click at the last menu More We played all these icons which are used for a different purpose. The most famous icon is the common function when we click on it then we find more options The benefit of this icon is that we find all the option in same placeIndians option we find one of them is my Binance Academy from this menu we learned about Binance app from this.

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In the screenshot all the pairs are available with USDT we buy and sell all the Cryptocurrency from this menu The benefit of this menu is that all the prices show inside buy and sell are available on this menu.

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This is the wallet of Binance app all the cryptocurrency show here in the wallet we find more options like funding and so more here we find the line small convert to BNB it means all the small cryptocurrency convert into one amount by transfer we can transfer our coins into other menu like funding cross funding in the wallet we find margin and future its not a small menu you find more things.

What does Binance do?

Binance is an online that allows users to earn cryptocurrencies. It supports most traded cryptocurrencies. Binance offers traders a cryptocurrency wallet to store their electronic funds. The exchange also provides support services for users to acquire interest or trade cryptocurrencies.

Binance earns interest on margin loans, futures trading, coin futures trading, and cross-collateral rates. These fees mainly depend on the cryptocurrencies traded, VIP level of the client, monthly trading volume and average inventory.

The biggest advantage of Binance.US is the low fees compared to some other exchanges. It also offers easy-to-use buy/sell options for beginners, while more advanced traders can benefit from its detailed "easy" and "advanced" trading platforms.

There are many ways to earn passive income with Binance Earn, from flexible and fixed-term savings products to more advanced products such as DeFi staking, automated market makers (AMM) and more.

How much I give time to Binance?

Basically, I am a crypto trader so I have to spend most of my time on the Binance application. It is a fact that the most of the battery usage is due to the Binance application. I used to look after my crypto assets that I held in the wallet of the Binance exchange. This application helps me a lot in taking the all-time news and updates on the cryptocurrency markets.

The most important thing is that I used to do the short term traders that are known as scalp trading. I used to open the trading view charts on my laptop and after complete study of the chart patterns and tools, I pick up the trades that help me to secure good profits in the trading. Future trading needs the all-time eye on it, so the usage of Binance takes the most of my free time.

How we can improve this app?

Binance has a great impression in my life as I get many advantages from this exchange. However, there are some possible changes that I could expect in its working in the future.

  • First of all, Binance is a centralized exchange so it is a serious matter for many of the traders. We can expect a decentralized and more improved system in the Binance application.

  • Whenever, we are susceptible to undergo a false transaction, there is no way to recover the funds. This thing also need improvement.

  • The P2P trading feature of the Binance application could be improved for more impressive changes in its working.

  • Also, the menus of the Binance application are also sometimes difficult to access for the newbies. So, it can be improved to simpler ones.

Let's promote the steem in your app store.

Now I shared the screenshots of app reviews where I wrote about steemit;

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All the photos are the screenshots from my mobile app

Thank you

Achievement 1

written by:@cryptoloover

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Sort:  

Wow😲 what a lovely collection of applications you have here. As a Crypto trader you must surely need an app like Binance. I equally trade and exchange my assets in Binance. Thanks for sharing and goodluck in this contest.

Thanks for your precious review

Binance is a cryptocurrency exchange for buying and selling cryptocurrencies launched in 2017, making Binance the #1 cryptocurrency exchange in the world according to Coin Gecko and Coin Market Cap.

Currently, Binance has more than 15 million users with an average trading volume of $2 billion per day.

I also share about the best apps I use. If you have time please take a look and I will be very happy.

yes sure I will visit your post soon thanks for your valuable review on my post

Woow brother you explained binance very briefly your presentation is worth reading no doubt binance will the change the lives of many peoples Good luck for your contest stay blessed. Please Check my post and suggest me something Thanks you.

thanks for your valuable comment

Very great explanation. No doubt, Binance application is one of the most successful applications of the time. Binance is the largest crypto exchange and it is the most important app that a crypto trader always prefer to work.

Thanks a lot for your precious post. Good luck for the contest 🤞

thanks a lot for your precious comment

 2 years ago 

Saludos Steemian, @cryptoloover, Tu post ha sido recompensado por @alejos7ven del Cotina Team.


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 2 years ago 

Hola amigo gracias por participar en nuestro concurso se nota que como Trader utilizas mucho esta aplicación, yo había tenido tiempo queriendo usarla pero realmente por flojera no lo había hecho hace algunos meses logré arreglar el número de teléfono allí y comencé a usarla y puedo decir que es bastante buena, cumple con lo que promete aunque lo que me gustaría es que no te pida la verificación de número cada vez que vas a hacer algo es bastante molesto tener que estar esperando el código

its all about security of binance thanks for read my post

One useful app for Crypto lovers, it is very helpful. continued success to you and succeed in the contest.

yes sure thanks for your precious review

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 2 years ago 
Your post has been successfully curated by our team via @steemdoctor1 at 30%. Thank you for your committed efforts, we invite you to do more and continue to post high-quality posts for a chance to win a valuable upvote from our curating team and why not be selected for an additional upvote later this week in our Top Seven

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