When comparing CampBX vs Binance, the Slant community recommends Binance for most people. In the question“What are the best ways to buy/sell bitcoin?” Binance is ranked 7th while CampBX is ranked 20th. The most important reason people chose Binance is:
You can easily transfer in almost any current coin, no matter how volatile, and transfer it to the relatively stable BNB token.
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Pros
Pro Price
Very low prices for an exchange that you can actually get money into and out of easily.
Pro Fiat withdrawal options
They offer fiat withdrawal via money order ($20 fee), so your withdrawals will be off the record
Pro Fiat deposit options
They accept money orders and if you have done KYC, they also accept personal checks.
Pro Comparatively safe base coin
You can easily transfer in almost any current coin, no matter how volatile, and transfer it to the relatively stable BNB token.
Pro Protection
Binance has many unique proprietary methods for combating fraud. Including protecting users from bad coins. While rare, problem coins are delisted extremely quickly.
Pro Every major coin
And most minor ones. Excluding fraud and bankruptcy, it’s easy to get listed and very difficult to get delisted.
Pro Comparatively save base coin
You can easily transfer in almost any current coin, no matter how volatile, and transfer it to the relatively stable BNB token.
Cons
Con Volume
low volume
Con Customer service
Usually slow.
Con Overwhelming and confusing
The extreme volume of both trading options and supported currencies, combined with poor help, makes it overwhelming for beginners.
Con BYOC (Bring your own coins)
Binace does not have a fiat to currency system. The only way to trade on binance is to buy their private currency, or deposit crypto from other wallets/exchanges at a fee.
Con No buy in
Binance does NOT offer direct fiat to crypto transactions. You can only buy into the binance currency, which you then trade for other coins.