Advantages of Binance:
✓ Huge list of alt-coins
One of the main reasons that Binance exchange is so popular is because they list so many different cryptocurrencies
Low fees
Binance fees are one of the lowest in the industry. Customers are charged 0.1% on every trade, meaning if you traded 1 ETH, you would only be charged 0.001 ETH!
Prizes
Regular traders on Binance exchange have the chance to win prizes. These prizes change all the time and have so far included free cryptocurrencies, such as Waves (WAVES) and Ontology (ONT). They have even a gave away a Maserati car! How cool is that!
✓ ICO launch pad
Binance is well known for listing new cryptocurrencies as soon as their ICO has finished.
Security
✓ High Volume Trading
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Disadvantages of Binance :
Customer Support
No Fiat Deposits or Withdrawals