The latest update is about the minting of NFTs of Ukrainian flags used for fundraising to support Ukraine. The recent increase in the value of crypto is the result of the Ukraine-Russia conflict, leading to confidence in the use of crypto. The rise in the value of investments from women suggests that crypto is gaining value. The percentage of women investing in crypto was 3% as per the previous study, but the latest data suggests that it has grown to 6%. Another study suggests that the crypto investments ratio amongst Norwegian women has doubled. The researchers were astonishing because most of the research participants found crypto one of the most reliable investments. This UK-based group researched professional investors’ views regarding crypto investments are. Though it has increased the pace of loss, there are chances that it would soon join the group.Ī study by Nickel Digital Asset Management Found that crypto is becoming mainstream. The only exception amongst the top coins is Bitcoin which has yet to enter a bullish phase. The last 24 hours proved especially bullish as Ethereum and Binance Coin entered the gaining club. The changes are as per the predictions that the market won’t lose value because the indicators show an influx of investments. The global crypto market has undergone a profitable change as the situation has begun to turn in its favor. Cardano and Terra LUNA are in gain, adding 1.78% and 0.43%, respectively.Binance Coin has changed direction, added 2.63% in the last 24 hours.Bitcoin has continued to be bearish, shedding 0.55% in 24 hours.The global crypto market continues to add further value, gaining 0.82% over the last 24 hours.Users can also use derivatives products such as Binance Futures, settled in USDT, BUSD or other cryptocurrencies and Binance Options to leverage on their trades. Traders can borrow funds and participate in margin trading on Binance Margin, which allows trading cryptocurrencies with up to 10X leverage. Is It Possible To Use Leverage or Margin Trading on Binance? In July 2022, Binance announced zero-fee trading for BTC spot trading pairs, and in August for ETH/BUSD pair. For regular users, a 0.10% maker taker fee is charged for spot trading. It charges based on a tiered system, from regular users to VIP 9. The platform is user-friendly and one of the cheapest with a huge selection of transaction types and an advanced set of trading tools for experienced investors. In September 2019, a separate dedicated platform for US clients, Binance.US, was launched. Futures and derivatives products are also not available in Germany, Italy and The Netherlands. However, some countries have restricted usage or features might be limited due to regulatory reasons, including but not limited to, China, Malaysia, Japan, UK and Thailand. Under the Binance Terms of Use, restricted locations include the United States, Singapore and Ontario (Canada). When Did Binance Launch?īinance was launched in June 2017, and within 180 days grew into the largest cryptocurrency exchange in the world. Yi was previously Vice President at a leading mobile video tech company, Yixia Technology, and co-founder of digital asset exchange OKCoin. Yi He is CMO at Binance and Head at Binance Labs, the company’s venture capital arm. His past experiences include Head of Bloomberg Tradebook Futures Research & Development team, founder of Fusion Systems and Head of Technology at. He studied at McGill University Montreal and had a successful track record as an entrepreneur. A Chinese-Canadian developer and business executive, Changpeng Zhao, who goes by CZ, is the company's CEO. The global company was co-founded in China by Changpeng Zhao and Yi He. The Binance ecosystem now comprises of Binance Exchange, Labs, Launchpad, Info, Academy, Research, Trust Wallet, Charity, NFT and more. 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. Binance is the world’s largest crypto exchange by trading volume, with $76 billion daily trading volume on Binance exchange as of August 2022, and 90 million customers worldwide.
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