Coinbase saw its trading volume suffer a steep drop, driven primarily by lower levels of volatility, despite the listing of dogecoin and shiba inu.
There's already a meme coin named after Elon Musk's new Twitter handle - and it jumped 825% in its 1st day of trading
.
Get the latest news on the CoronavirusWe have launched a daily public interest bulletin to deliver all the updates and vital information to your inbox This website and its associated newspaper are members of Independent Press Standards Organisation (IPSO)
Despite its size and name recognition, Binance has had issues with regulators. In 2017, Binance left China and re-located to Japan and Taiwan before eventually moving to Malta. However, in February 2020, after Malta announced that Binance was not actually within its jurisdiction, the exchange quickly changed positions and declared that it doesn’t have a headquarters because Bitcoin doesn’t have a central headquarters.
The good news for U.S. customers is that Binance.US does offer the same low trading fees that its parent company, Binance, does. The only slight difference is that the US exchange offers 10 VIP levels whereas the international platform only has 9 VIP levels. However, for almost all traders, that won't make a difference.
When it comes to fees, both platforms have the same standard fee of 0.1%. The difference is that additional fees vary, depending on whether you are within the U.S. or not. For example, fees for bank transfers to your Binance account are free outside the U.S. However, depending on your method of transfer, U.S. users may pay up to 4.5%.
Here’s our guide to crypto, and why so many people are talking about it these days.
About usContact usSitemapHelpTerms of useCopyrightPrivacy & cookie policy Advertising Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.
United States investors still cannot use the original Binance today, but Binance.US offers over 50 cryptocurrencies for investors to choose from. The biggest draw of Binance.US is its low fees compared to some other exchanges. It also has an easy-to-use buy/sell option for beginners, while more advanced traders can get the benefit of its in-depth “basic” and “advanced” trading platforms.
About UsContact UsAdvertisingAdChoicesPrivacy PolicyTerms & ConditionsGrading System
Coinbase falls 11% after the crypto exchange misses Wall Street's 3rd-quarter earnings expectations
In no time, all the Binancians and the entire crypto world will soon jubilate as Binance.US prepares to list Axie Infinity (AXS) on its platform today. According to the announcement, right after the listing event, Binance.US will open a full-time trading section for AXS/USD and AXS/USDT pairs.
“This is a legitimate technology–it’s going to expand,” he says, “My longer-term view is nowhere near where some of [my current] views are.” It could even perhaps hit $10,000 again, he says. But that will probably take a few years. For now, we wait and see.
The decision by Tesla, and announced by Musk, was seen by some as a slight on the credibility of cryptos to become a viable method of payment against physical currencies.
ImpactImpactCan this startup for home kitchen cooking create a new kind of takeout?ImpactThe 15-minute city can make urban living more sustainable—and inspire the suburbsImpact5 key things you need to know about carbon offsets
DON’T MISS POLITICO’S SUSTAINABILITY SUMMIT: Join POLITICO's Sustainability Summit on Tuesday, Nov. 16 and hear leading voices from Washington, state houses, city halls, civil society and corporate America discuss the most viable policy and political solutions that balance economic, environmental and social interests. REGISTER HERE.
Terms of UseAbout the BBCPrivacy PolicyCookiesAccessibility HelpParental GuidanceContact the BBCGet Personalised NewslettersCopyright © 2021 BBC. The BBC is not responsible for the content of external sites. Read about our approach to external linking.