Binany is an application for Android that allows users to trade various foreign and digital currencies. It is possible to access numerous instruments to monitor market changes and manage assets wisely.
Trading platform
Users can become traders and deposit money to start buying or selling various assets including securities, foreign currencies and crypto. There is Bitcoin, Ethereum, Tron and other currencies. Compared to other platforms, there are flexible payment methods that simplify transferring funds between accounts.
There are tutorials for beginners designed to show key features of trading instruments and how to use them properly. If you would like to go further and access a simulator for managing assets, you can download Plus500 and open a demo account. This allows you to buy and sell currencies without risks of losing real money.
There are detailed graphs showing major and minor changes in markets. You can check a list of trending currencies and most notable weekly deals. The application shows potential profits for popular assets in percentage.
Nuances
Although Binany provides favorable conditions on funds withdrawal and registering a new account, some users express their concerns about the legitimacy of the platform. The application is not regulated by the government and it is too risky to keep large amounts of funds there. Moreover, there were complaints about withdrawal rules and reports of scams.
Features
- possible to buy and sell foreign currencies to earn money;
- does not provide clear trading conditions;
- to start investing, there is no need to deposit a large amount of money;
- free to download and use;
- compatible with supported Android versions.