binance

Bybit CEO Ben Zhou on Crypto Derivatives and Market Predictions for 2020

12 months ago, crypto derivatives platform Bybit officially launched. The Singapore exchange, which also has offices in Hong Kong and Taiwan, has enjoyed a fruitful first year, attracting users from North America, Europe, Russia and Asia. With products including BTC, ETH, XRP and EOS perpetual contracts, and a matching engine capable of handling 100,000 tps,...
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Binance Partnership With FTX Exchange: Follows In The Footsteps Of BitMEX In Futures Trading

Binance continued its growth this year by completing a strategic investment in the cryptocurrency derivatives exchange FTX. By working together and delivering mutually beneficial products, the community wonders if both companies can actually be disrupting the dominance established by other exchanges on the futures market. Binance Invests In FTX The largest cryptocurrency exchange by volume,...
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Binance Invests in Crypto Derivatives Platform FTX

Binance is already the biggest cryptocurrency exchange in the world. It appears that the company will keep improving its presence across different industries. By investing in a derivatives platform, an interesting decision has been made. FTX is a hot Commodity Very few details are known about the deal at this time. Binance has invested in...
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Crypto Market’s Long-Term Trend is Positive: Binance CEO Explain Why

Bitcoin and other crypto assets haven’t done too hot over the past six months. Since peaking at $14,000 in June, the leading cryptocurrency, BTC, has lost some 50%, tumbling as bulls failed to keep the upward momentum, and as regulatory pressure and sell-side pressure from miners and the PlusToken scam hit the market.Despite this, one...
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BCH Is An A-Class Crypto for Auditability

Crypto research group Coin Metrics recently released issue 30 of its “State of the Network” series, which ranks crypto assets by auditability. Taking into account node operation, synchronization, normal operation, code audit and extraction of ledger data, the top 10 cryptocurrencies by market cap were ranked. These were also ranked on ease of ledger reconstruction,...
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Don’t Withdraw Bitcoin From Binance to Privacy Wallets, User Warns

Binance Singapore has purportedly abruptly suspended a Bitcoin withdrawal from a trader using a wallet with a coin-mixing service, a harsh reminder that large exchanges aren’t the best place to hold coins if one values anonymity and accessibility. The post appeared first on NewsBTC
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WazirX Adds Pre-Confirmation Check to P2P Payment System

India’s largest cryptocurrency exchange WazirX is constantly improving and upgrading its services. The team led by Nischal Shetty and Siddharth are working diligently to enhance the user experience. As we write, there comes a new update to their peer-to-peer payment.  WazirX Cofounder Siddharth got on to Twitter to elaborate on the latest upgrade. As per...
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Binance.US Seeks Customers Support for Beta Testing iOS Apps

The US subsidiary of the Binance exchange has launched its own iOS apps and are asking the customers to beta test the apps. The Binance.US team took to Twitter to announce the launch of these apps. The US customers are asked to fill a questionnaire and the downloadable links will be sent to them personally....
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Bitcoin Still King, China Sways Crypto Prices

The state of the blockchain space in November shows long-running trends establishing themselves. Bitcoin (BTC) was still the leader in multiple metrics, and China was the focus as activity flowed to local markets, shows the latest Longhash report. China Emerges as Leader in Trading Activity November’s Blockchain Data Report focused on China, basing its conclusions...
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Research Shows Why Many Bitcoin Miners Intentionally Mined At a Loss in 2019

A new report from Binance Research shows that many bitcoin miners have been mining Bitcoin SV and BCH to some extent with significantly lower profitability. Other than political reasons, the firm said that non-economic factors contributed to it.Had many miners that focused on BTC over Bitcoin SV and BCH in the same period, the research...
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Users Report how Margin Trading on Binance Doesn’t Always Work

Being the most popular cryptocurrency exchange in the world is a blessing and a curse. Binance currently faces some serious allegations regarding its margin trading features. A lot of crypto traders aim to leverage their position. Margin Trading on Binance Seems Spotty In doing so, they can increase potential profits, or incur steeper losses. Many...
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Binance CEO Hilariously Exposed in Twitter-Bot Gaffe

Identical spelling mistakes reveal use of fake accounts to boost Twitter profile of Binance, and its CEO, Changpeng Zhao. Three separate accounts used identical phraseology when prasing the Binance cryptocurrency exchange. Twitter has attempted- and failed – to crack down on bot accounts in the past. The founder and CEO of Binance was exposed in...
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How Crypto is Evolving into a Trustless Banking System With DeFi and Dai

The primary pull of decentralized crypto assets is financial freedom from the flawed banking system. Bitcoin is one step but without greater adoption it is still just a speculative vehicle. DeFi and decentralized protocols based on banking are another and they’re gaining traction fast.Crypto Exchanges too CentralizedMany envisaged 2019 being the year of the DEX....
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US Court Dismisses $150M Lawsuit Against Cryptocurrency Derivatives Exchange

The U.S. court has reportedly dismissed the law case for $150 million against the popular cryptocurrency derivatives exchange, FTX. The initial reasoning behind the lawsuit was market manipulation and unlicensed securities sales, but the court has not found any solid grounds to continue with the lawsuit. Cryptocurrency Exchange FTX Exonerated Earlier this year, the cryptocurrency...
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C2C Fiat Accounts Will be Included in The Binance Calculations

The Malta-based exchange, Binance will now include asset balances and transactions in C2C fiat accounts while calculating  VIP levels and daily BNB holdings. The calculation will be upgraded from 14/12/2019 on the Binance exchange. Earlier, BNB held in the Binance wallet was not included in the daily BNB calculation. Now, with this upgrade, hourly snapshots...
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Africa Turns Towards Binance Chain For its StableCoin “ABCD”

African Government is all set to launch a stablecoin pegged to 1:1 to Nigerian Naira. The stablecoin ABCD will be launched on Binance‘s native blockchain, the Binance Chain. Ghana-based cross-border money transfer startup Bit Sika & Linova Capital – crypto-focused investment firm will launch this stablecoin. Furthermore, 9 exchanges including Busha and Bitmama supports this...
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Justin Sun Hilariously Booted from Weibo as TRON (TRX) Resumes Brutal Slide

Justin Sun’s Weibo account got deleted for violating community laws and regulations. Co-founder of Binance, Yi He, was also booted from Chinese social media site. Sun vows to resolve situation as TRX price suffers flash drop. Controversial TRON (TRX) founder Justin Sun had his Weibo account deleted on Thursday, along with the co-founder of Binance,...
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Escalating Crypto Drama Rips TRON’s US Binance Listing as a Chinese Govt Scam

DigiByte (DGB) founder says TRON (TRX) is a Chinese government scam coin. TRON’s presence on Binance’s US platform threatens to undermine American lawmakers. Follows past drama between DigiByte and the Binance-TRON cooperative. TRON (TRX) is a Chinese government scam coin, and its listing on Binance US threatens to undermine faith in American lawmakers. That’s according...
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Binance Announces Partnership With Paxful

Binance has announced a strategic partnership with Paxful that will see the peer-to-peer Bitcoin marketplace serve as a fiat-to-cryptocurrency on-ramp for the powerhouse exchange. Paxful’s web-based Virtual Bitcoin Kiosk will be integrated into the exchange and directly available on the Binance platform for both new and existing users. The aim is to provide customers with...
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Binance Partners With Settle Network To Launch Fiat Gateway Platform In Latin America

The world’s largest cryptocurrency exchange by volume, Binance, is expanding its services in Latin America. By partnering with a major digital assets settlement network, Binance will launch a new platform called Latamex. It will allow direct fiat purchases of cryptocurrencies for Latin America on its website. Binance Gateway In Latin America Binance is set to...
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US Subsidiary of Binance All Set to Add New Tokens

The US subsidiary of the Malta exchange Binance is all set to expand and add support to 18 new tokens. The Binance.US team has added 25 tokens till now since its inception. And new tokens are to be added. Among the tokens listed on the platform are Bitcoin (BTC), Ethereum (ETH), XRP, Litecoin (LTC), Bitcoin...
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Binance Confirms Support for the ETHBNT Airdrop in Early 2020

For exchanges, supporting new tokens, forks, and token airdrops has become part of everyday operations. Binance users will be pleased to hear that the exchange will support the ETHBNT airdrop for Bancor holders.  No one will ever say no to free airdrop tokens, even if they might not be all that valuable at first. Another...
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Africa’s First Stablecoin is Built on Binance Chain

Africa’s first stablecoin, the Africa Stable-Coin(ABCD) is backed by Nigeria’s national currency, the Naira. Also, the fiat-backed crypto is built on Binance’s native blockchain, the Binance Chain.  The crypto momentum in Africa doesn’t seem to die down. Budding startups are leveraging blockchain and decentralized ledger technology to create novel applications that will change the future...
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Matic Dump Leads To Questions Over IEO Crypto Legitimacy

The crypto community is reeling after Matic dumped 70% of its USD value in an hour. And as a Binance Launchpad project, the circumstances around the event have left many wondering whether IEOs are any different to ICOs.Matic Crashes Back Down To EarthOnly yesterday, Matic was riding high off the back of strong price performance....
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Matic Crypto Pump and Dump Reminder of How Dreams Can Turn To Nightmares

Last night, the altcoin cryptocurrency known as Matic was the talk of the crypto community, as the asset had spent the week going on a circa-2017 Bitcoin-like parabolic run, only to drop over 70% in less than an hour, destroying investors who got caught up in price action.The post appeared first on NewsBTC
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Even 2019’s Best Performing Cryptocurrency is Getting Affected by the Bear Trend

Bloomberg called Binance Coin the best-performing cryptocurrency of 2019 but it nevertheless remains vulnerable to traders’ intrinsic greed.The native token of one of the world’s largest crypto exchanges, Binance, has surged by more than 146 percent as of this time of writing. The gains are far larger than what the benchmark cryptocurrency Bitcoin has delivered...
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Matic Dramatically Collapses 70% in ONE Hour; Inside Job or Investor Panic?

Matic drops 70% in an hour after weeks of positive gains. The cryptocurrency was up nearly 200% in two weeks before the plunge. Was it an inside job? Matic — one of the first tokens to originate upon Binance Launchpad has witnessed one of the harshest dumps in crypto history, falling a massive 66% in...
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Why Crypto Exchanges Should Lower Their Fees and Profit Margins

The crypto industry has yet to evolve from exchanges which are nothing more than digital banks in reality. A couple are taking bold moves to slash their fees but how many others will follow and how will it affect the wider crypto industry. Crypto Exchanges: Banks in Disguise True financial decentralization should consist of direct...
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Matic Network (MATIC) Team Explains Sudden Token Flash Crash

The Matic Network (MATIC) token went through a crisis, erasing more than 50% of its price in the past day, to drop to $0.02. The price crash, however, follows a period of wild appreciation on a parabolic trend, as MATIC more than tripled its price and moved to a record above $0.04. Fears of Team...
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Cryptocurrency Liquidity Issues Clear as MATIC Collapses 70% in an Hour

The reason the majority of the cryptocurrency market has under-performed this year is lack of liquidity. Add margin trading to that and the potential of massive cascades in price arises as holders of the altcoin MATIC have just found out.Cryptocurrency Collapse: MATIC Dumps 70%A few hours ago MATIC dumped a whopping 70% in a matter...
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