Even Without Margin Trading, Binance is Turning Over $3.48 million per Day

2019-7-30 19:48

Binance, the second-largest cryptocurrency exchange in the world, is aiming at daily and yearly earnings that equal or surpass those recorded by big traditional financial institutions. According to a recent analysis, Binance is making a cool $3.

48 million per day. Using the same scale, Binance has a yearly turnover of $1. 2 billion. There’s more, recently […].

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Binance Coin (BNB) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
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Цена в час новости $ 27.04 (-100%)

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Irony: Coinbase Pushes Binance Launchpad Project MATIC To New Heights

Scalability is one of the biggest issues in cryptocurrency, and several leading blockchains are throttled at a handful of transactions per second. High-throughput networks like EOS, which can process 4,000 payments every second, have been able to capitalize – to the tune of a few billion dollars – on the sector’s unmet demand for fast […] The post Irony: Coinbase Pushes Binance Launchpad Project MATIC To New Heights appeared first on Crypto Briefing.

2019-5-1 22:12


Binance Burns 50 Million BNB as the First Step to Migrate From Ethereum to Binance Chain

Binance Coin has taken the first step towards migrating to its own Binance Chain as 50 million of Ethereum-based BNB tokens are now burned. The world’s largest cryptocurrency exchange by trading volume Binance has burned a small chunk of its native token Binance Coin (BNB), per the announcement made by its CEO Changpeng Zhao. Just […]

2019-4-23 19:55


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Binance Partners with IdentityMind to Bolster its KYC and AML Measures

Binance, the world’s largest cryptocurrency exchange by trade volume has entered into a partnership with risk management and data security firm IdentityMind, reports Forbes, March 26, 2019. Binance Ups its Security Game Per sources close to the matter, IdentityMind will provide its Know Your Customer (KYC) and Anti-Money Laundering (AML) services to Binance to strengthenRead More

2019-3-27 14:00


XRP Base Pair on Binance Gaining Steam

Binance, Cryptocurrency, XRP–XRP, the currency which started the year trading at $3.80 per coin, may finish 2018 with some positive news in the form of an update from Binance. Given the liquidity of the XRP coin, in addition to its utility features which favor fast transactions and negligible fees, users have frequently clamored for exchanges […] The post XRP Base Pair on Binance Gaining Steam appeared first on Ethereum World News.

2018-12-23 02:38


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New Exchange Security Scoring Model Offers Insurance Rates for Coin Holders

International cybersecurity solutions provider Group-IB has come up with a scoring model to grade crypto exchanges based on their level of security. The scoring model was created by Group-IB in conjunction with Swiss-based Cryptolns (which is operated by Swiss insurance broker APIS AS), and the grading is intrinsic to CryptoIns’ new cryptocurrency exchange insurance, which will allow exchange users to cover up to 15 BTC worth of digital assets held in their exchange accounts.

2018-11-13 00:43


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Binance Freezes Funds on Multiple Accounts with Dubious Crypto Exchange

Binance has frozen multiple accounts associated with the cryptocurrency exchange Wex, citing money laundering concerns. The CEO of Binance went on Twitter recently to announce the freezing of multiple accounts owned by Wex, claiming that Binance will cooperate with law enforcement in any way possible should a criminal investigation result from alleged money laundering.

2018-11-1 01:47


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Binance Burns More Than 1.6 Million BNB Coins But Price Drops

The world’s largest cryptocurrency exchange by volume Binance had completed its 5th scheduled token burn. The price has reacted negatively so far, however, despite the reduction in BNB supply. 1,643,986 Binance Coins (BNB) Destroyed In an official release dated October 17, Binance announced that it has successfully completed its 5th quarter token burn, as per its whitepaper.

2018-10-18 02:00