Crypto purchases on Binance using Koinal is a fraud. I bought BTC more than eight hours ago and my wallet has not been credited. I submitted a ticket request to Koinal. Their first response was my wallet will be credited in 30mins. I made a follow up I was told they had technical issues and they are processing the payments of affected users. Now they are telling me my payment was unsuccessful but they debited the money from my bank and confirmed payment. I have been scammed by Koinal and Binance.
If you bought into it, you've been scammed.If you are running it, you are scamming.You obviously have no idea on "farms" and the real hashrates "farms" or "pools" like the real people in crypto knows it.
Exchange on the other hand is a platform where you sell and buy cryptocurrency. You can either buy directly with fiat (ie your local currency) or exchange one coin for example bitcoin to another coin Ethereum
On the surface Binance is a cryptocurrency exchange where you can buy and sell cryptocurrency. On a deeper level Binance is an ecosystem that aims to promote the adoption of cryptocurrency. Some of the platform in its ecosystem includes Binance Charity. Binance Lab; Binance Launchpad etc. you can learn more about Binance on Binance Academy which is at www.binance.vision
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Keep Your Crypto #SAFU (CZ's Tips)As part of our commitment to help keep the crypto community safer and more secure, Binance CEO CZ (Changpeng Zhao) discusses many aspects of crypto security in detail on this blog.https://www.binance.com/en/blog/421499824684900429/Keep-Your-Crypto-SAFU-CZs-Tips
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Introducing the Binance Card: Shop and Pay With Crypto Anywhere in the World https://www.binance.com/en/blog/421499824684900479/Introducing-the-Binance-Card-Shop-and-Pay-With-Crypto-Anywhere-in-the-World
Binance has recently completed the acquisition of CoinMarketCap, the world’s most-referenced cryptocurrency data tracking site. https://www.binance.com/en/blog/421499824684900494/Binance-x-CoinMarketCap-Joining-Forces-to-Make-Crypto-More-Accessible-Worldwide