One of the good new exchange is abcc exchange, an exchange based on mining, another new generation of exchange is bgogo exchange, it is very nice to see such new ideas and I'm sure we will have some binance competitors in future, and then binance would decrease the fees to survive.
If there are more competitors means they exchange will try to give their services at least fees but now Binance has more trading volume than other exchange because they are offering the service at very low when compared to others but if there are some new exchange also offers those pairs with lesser fee then the user will have more benefits.
As our CSO,
Brenton Naicker would say, in 2010, there were only 3 crypto exchanges that supplied services of sending, receiving and storing assets. However, today we have more than 500 crypto exchanges, which means that there is a high demand for more better and enhanced online transactions. The very idea behind Kryptoro emerged from Priven's market analysis and the results were staggering. People were craving for the exchanges whose UX and UI are easily navigable. Security and safety is indeed our primary mission that no other crypto exchange took it seriously.
In terms of fee and taxes, Kryptoro offers KTO that will "gas" the transactions. This means that if you want to buy or sell the tokens, you do not pay taxes with your assets (BTC, BCH, ETH, XRP...) but with KTO. Similarly, if you are from Europe and you go to USA, you have to change EUR to USD to buy things. Consequently, KTO is a native currency of Kryptoro exchange!
In terms of
Kryptoro - Binance correlation, here are the facts:
- Binance: You cannot buy crypto if you dont have crypto. And if you dont know how to get it, then you have a problem.
- Kryptoro: Fiat-based payment gateway availability. You just need to log-in, enter credit/debit card number, and get crypto assets immediately. Wallet is also available.