Blog entry by Terese Bachus

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by Terese Bachus - Thursday, 28 December 2023, 10:07 PM
Anyone in the world

Overall, Binance charges some of the lowest fees in the industry, which is a major plus. Binance charges a 0.1 percent fee for crypto trades, but users receive up to a 25 percent discount by paying fees using its proprietary Binance Coin (BNB). However, despite this, Binance was able to systematically identify and reverse all irregular trades, meaning that the only people to lose money were the hackers. However, in early September, the SEC postponed its decision on most major spot bitcoin ETF filings until October. We were communication with a middle man for months trying to figure out why our Bitcoin was not being sent to us and all we got were excuses saying they were trying their best and that we were being rude. And being delisted from Binance is a black mark felt throughout the industry. This address is unique for our Binance account; in other words, anything that will be transferred to that address will be credited to your account. When the transaction was made, the money was transferred out of our bank accounts, but no Bitcoin was added to the wallet. Bitcoin BTC and cryptocurrencies have been stuck in a bear market that's dragged on for almost two years (though that could be about to change thanks to a huge Wall Street earthquake).

At this time, the platform can only be used to generate limit and market orders. The platform has established itself as a trusted member of the crypto space, where users can buy, sell and store their digital assets, as well as access over 350 cryptocurrencies listed and thousands of trading pairs. Trade over 180 cryptocurrencies on Binance. Trade cryptocurrency contracts and assets with leveraged positions for maximum returns. The Basic view is nicely designed and well laid out, all the information you need is clearly presented with prices on the left, graphs in the center along with the buy and sell boxes and the trade history is presented on the right so you can quickly see what the latest trade prices were. All the information contained on our website is published in good faith and for general information purposes only. These tend to change based on market conditions, and there are no fixed rates, so be sure to check them regularly at Binance’s website here and www.youtube.com blog entry here. Last month, a court ruled the SEC was wrong to reject crypto asset manager Grayscale's proposed conversion of its bitcoin trust to a fully-fledged spot bitcoin ETF, dramatically raising market expectations SEC approval could be imminent.

All user funds are held 1:1 and protected by a Secure Asset Fund for Users (SAFU) worth $1 billion. Yi was previously Vice President at a leading mobile video tech company, Yixia Technology, and co-founder of digital asset exchange OKCoin. Multi-platform support. Binance is accessible via its web platform, mobile apps for Android (including Android APK) and iOS, and desktop clients for macOS and Windows. Alternatively, you can download Binance’s mobile app for either Android or iOS. In turn, the investors received 100,000,000 of Binance Coin (BNB) tokens issued on Ethereum blockchain (now migrated onto Binance’s native Binance Chain). Binance Labs is a blockchain incubator that assists entrepreneurs with funding, strategy, recruitment, and technical aspects of the business. In addition to the crypto exchange and Launchpad, Binance also created Binance Labs and Binance Info. " popular trader Crypto Santa concluded in part of recent X commentary. Summarizing the state of the Binance BTC/USD order book, popular trader and analyst Credible Crypto noted that a cluster of bid liquidity was buoying the market. There’s the Binance Academy containing educational content on blockchain, Binance Info providing you with market stats and ICO reviews, Binance Labs, an incubator for startups, and Launchpad for token launches.

Binance Launchpad. All customers of Binance can participate in its initial exchange offerings (IEOs). The initial ICO price for one BNB was USD 0.115 per coin. On the one hand, it provides futures, options, and margin trading for more risk-tolerant users, while on the other, there are savings and staking programs for more risk-averse traders. Those who choose to pay via the Binance token can get a 50% discount on the trading fee, which is absolutely great news. If you can’t find what you’re looking for online, you can submit a support ticket through an online form and get a response via email. There is currently no live chat support, nor a phone number where customers can get in touch with the support team. If you’re looking to withdrawal more than this amount in one day, you need to contact the customer support team. While the support area on Binance could use a little work, the team is responsive and capable of offering professional aid to traders in need. Other things to note are, try a smaller test payment first if you plan to transfer large sums - it may cost you a little more in fees but will be worth it for peace of mind.