“Better Fiat Gateways” Is The Reason Why Binance Jersey to Shut Down on Nov 30th: CZ

2020-10-19 18:45

The news of Binance Jersey shutting down its operations before 2020 was uncovered on Monday.

The announcement came without reason, so Binance CEO Changpeng Zhao took to Twitter to share the why. He tweeted,

“The reason is: better fiat gateways already supported by http://binance.com. No loss of features to users.”

Early in 2019, Binance announced that its Jersey-based subsidiary would allow fiat-to-crypto trading for European markets. Right from the launch, less than two years back, the support was added for top cryptos Bitcoin and Ether against the British pound and euros.

With a trading volume of a mere $210,000 in the past 24 hours, this branch didn’t really accomplish what the leading spot exchange was aiming for – be a “major driving force” in the European markets.

Cointelegraph first reported that the new deposits would be suspended from Oct. 30, and the final shutdown will happen a month later on Nov. 30. While there is still time for user accounts to be inaccessible, trading and withdrawals will be halted much before on Nov. 9.

The primary platform Binance.com meanwhile will continue to offer its services to the citizens of Jersey via “compliant banking channels.”

The post “Better Fiat Gateways” Is The Reason Why Binance Jersey to Shut Down on Nov 30th: CZ first appeared on BitcoinExchangeGuide.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Binance Coin (BNB) на Currencies.ru

$ 657.42 (-1.61%)
Объем 24H $1.13b
Изменеия 24h: -1.34 %, 7d: -8.44 %
Cегодня L: $652.14 - H: $668.43
Капитализация $94.673b Rank 5
Цена в час новости $ 30.25 (2073.29%)

binance reason better jersey down fiat gateways

Источник: bitcoinexchangeguide.com

binance reason → Результатов: 54


Фото:

Bitcoin Whale Moves 10,000 BTC to Binance, Potentially Signaling Another Dump

A Bitcoin whale has recently moved 10,000 BTC to Binance. The reason for the transfer is unclear — but could hint at more downside for the cryptocurrency market. The recent transfer was signaled by Twitter account @whale_alert, which notified the rest of the cryptocurrency community that 10,000 BTC — worth $80M at the time of […] The post Bitcoin Whale Moves 10,000 BTC to Binance, Potentially Signaling Another Dump appeared first on BeInCrypto.

2019-10-18 11:34


Bitcoin: Binance’s CZ remains bullish on crypto-ecosystem despite recent developments

Changpeng Zhao opined on the recent parabolic rise of Bitcoin and the effects it had on the crypto space with CNBC’s Ran NeuNer. CZ said that he was unaware of the reason for the rise, however, he mentioned that the extended surge was due to FOMO and that it showed the money was lined up […] The post Bitcoin: Binance’s CZ remains bullish on crypto-ecosystem despite recent developments appeared first on AMBCrypto.

2019-6-9 20:30


Cryptocurrency: Stop-limit in crypto may result in a far larger loss than you anticipated, says Ari Paul

Bitcoin Satoshi Vision [BSV], the eighth largest cryptocurrency by market cap, recently went through a massive surge in the market, with its value witnessing a double-digit rise. The reason for this rise was speculated be a ‘fake news’ associated with Craig Wright, the self-proclaimed Satoshi Nakamoto, and Binance, a leading cryptocurrency exchange.

2019-5-31 15:27


Binance Hackers Stole Only Bitcoin For This One Important Reason

Hackers stole $40 million in Bitcoin from cryptocurrency exchange Binance specifically because they trusted it most. ‘Bitcoin Ledger is the Most Immutable’ That was the conclusion circulating among the cryptocurrency community May 8 in the days after one of the world’s biggest trading platforms accepted it was unlikely to recover the funds and would need to repay users out of its own pocket.

2019-5-9 18:00


Виталик Бутерин поддержал «блокаду Bitcoin SV»

Основатель Ethereum Виталик Бутерин поддержал делистинг Bitcoin SV на различных платформах, отметив, что подобная участь может настигнуть и монеты других проектов. Так, партнер венчурной фирмы Castle Island Ventures Ник Картер опубликовал следующий твит: If fraud from the chief promoters is sufficient reason for a delisting from Binance… almost everything should be delisted — nic carter […]

2019-4-16 20:56


Cardano [ADA] pumps by 7% following Ledger Nano S support hint and Binance stablecoins-pair launch

On the back of a bullish week following a slew of announcements, Cardano [ADA] surged once again. Cardano rose to become the second highest gainer in the elite coins, behind EOS. The primary reason speculated for the surge in prices is the integration of the coin on the new Ledger Nano S, by the French […] The post Cardano [ADA] pumps by 7% following Ledger Nano S support hint and Binance stablecoins-pair launch appeared first on AMBCrypto.

2019-3-27 09:40


Monero [XMR]’s privacy feature may lead to pressure on countries to address status of privacy coins

Monero [XMR], one of the leading privacy coins in the space, was in the headlines earlier this month because of its hard fork. The coin has now made a comeback due to the same reason. Binance Research posted a research article titled, ‘Examining the Implications Behind Monero’s Latest Fork’ that focuses on the effects of […] The post Monero [XMR]’s privacy feature may lead to pressure on countries to address status of privacy coins appeared first on AMBCrypto.

2019-3-27 05:30


Binance Coin (BNB) Dethrones Stellar Lumens (XLM) in less than 24hrs, USDT is Next in Line

The Binance Coin, BNB has been having one of the most impressive runnings since the year 2019 began. From market cap to rankings, to trading volume and trading price, BNB has been one of the most attractive coins and it is for this reason that the coin made our recently reported list of most promising […] The post Binance Coin (BNB) Dethrones Stellar Lumens (XLM) in less than 24hrs, USDT is Next in Line appeared first on ZyCrypto.

2019-3-3 15:46


Binance to delist coins – TRIG,ICN,CHAT and BCN

In an announcement made on their website and an email blaster sent to all their users, Binance has said that it is going to delist a bunch of coins from their exchange. The reason that the exchange cited was that these coins do not match their trading criteria and therefore will no longer be trading The post Binance to delist coins – TRIG,ICN,CHAT and BCN appeared first on ItsBlockchain.

2018-10-9 13:33


дальше еще 5 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

2 cryptocurrencies to reach a $100 billion market cap in 2025

A $100 billion market cap – two crypto giants have reached it, only to fall short of holding on.  Does this open the door for their rivals to seize the moment and take the lead? In the crThe post 2 cryptocurrencies to reach a $100 billion market cap in 2025 appeared first on AMBCrypto.

How can BNB traders benefit from its short-term price swings?

BNB flipped its long-term trendline resistance into support Derivatives data revealed a bullish edge as the price consolidated above its key EMAs After snapping off its long-term trendline rThe post How can BNB traders benefit from its short-term price swings? appeared first on AMBCrypto.

Binance Futures announces new limits for BFUSD users

Binance expands trading limits for BFUSD users across VIP levels. In an official announcement, Binance announced the increase in the maximum position limits for Binance Futures’ unique yield-based margin asset, BFUSD.

Binance's stablecoin surge - Record inflows, BNB's price action, and more...

Binance exchange saw strong growth in stablecoin inflows, aiding in its market dominance A recap of BSC network activity and BNB's price action is worth highlighting too Binance's dominance The post Binance's stablecoin surge - Record inflows, BNB's price action, and more... appeared first on AMBCrypto.

Binance dominates 2024 with $21.6 billion deposits and record 250 million users

Binance has cemented its position as the leading crypto exchange by reporting customer deposits totaling $21. 6 billion in 2024, according to a Dec. 12 report. This achievement places Binance significantly ahead of its competition, with data from DeFi Llama revealing that the exchange’s deposits surpass the combined total of the next ten largest exchanges tracked […] The post Binance dominates 2024 with $21.