Since Binance doesn't allow for US Dollar deposits and trading, most of the volume on the exchange occurs against stablecoin pairs such as BTC/USDT, BTC/USDC, and BTC/BUSD (BUSD is Binance's native stablecoin). One other factor to note is that although Binance does have more volume than any other exchange, that volume is spread across a much larger pool of cryptocurrencies than other exchanges such as Coinbase and Kraken. Therefore, it's always important to look at the specific asset you're interested in trading in order to determine how liquid (or illiquid) it is.
Ultimately, many experts believe regulation is a good thing for the industry. âSensible regulation is a win for everyone,â says Ben Weiss, CEO and cofounder of CoinFlip, a cryptocurrency buying platform and crypto ATM network. âIt gives people more confidence in crypto, but I think itâs something we have to take our time on and we have to get it right.â
.
CFDs trading are derivatives, which enable you to speculate on cryptocurrency price movements without taking ownership of the underlying coins. You can go long (âbuyâ) if you think a cryptocurrency will rise in value, or short (âsellâ) if you think it will fall.
Considering there are no sudden jolts or risks ahead for cryptocurrency markets, SafeMoon is all set to affirm its strong position as a major attraction among its investor community. The road ahead is full of petals provided the investor confidence keeps booming, resulting in a major push to the price, taking it across all barriers scaling $0.000011.
SafeMoon is one among the handful of cryptocurrencies that made it to the top 100 crypto-list on its own. SafeMoon did not have the backing of top trading platforms and managed to gain investorsâ attention by its projects alone.
AlphavilleMarkets DataCapital MarketsCommoditiesCurrenciesEquitiesFund ManagementTradingMoral MoneyETF HubCryptocurrenciesClimate
[SPONSORED] Pixlr announces Pixlr Genesis, a NFT-based movement to build the worldâs largest decentralized art museum on the metaverse
We reached out to Binance.US for more information about its security measures and received no response. Weâll update the review if Binance.US gets back to us.
SafeMoon happens to be one of the most transparent and decentralized assets. No wonder its advantages override its limitations. That is the reason investors tend to buy SafeMoon with confidence and tracking future SafeMoon price predictions.
A further blow was dealt when China ordered Bitcoin mining in its Sichuan province to shut down completely and furthermore told banks to stop supporting crypto transactions, in a latest wave of restrictions on cryptos.
Shortly after achieving these astronomical new heights, Bitcoinâs price fell back toward $62,700 before recovering slightly to around $64,500, while most altcoins endured near double-digit losses.
This suggests that bulls have flipped the $1.24 level into support. This level could now act as a launchpad for the next leg of the up-move. The XRP/USDT pair could rally to the overhead resistance at $1.41 where the bears are expected to mount a stiff resistance.
Ripple (XRP) broke and closed above the overhead resistance at $1.24 on Nov. 8, signaling that bulls are attempting a comeback. The bears tried to pull the price back below $1.24 but failed to sustain the lower levels.
The first factor is, of course, the innovative and appealing Bitrise tokenomics. This is the Bitrise token whitepaper. As a hyper-deflationary token, Bitrise has several ways it ensures investors are making good returns in their token investments.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Some security tokens are linked to an external tradable asset, and you can feel relatively comfortable assessing them as a more volatile relative of traditional shares, perhaps using a similar framework to the one youâd employ for penny stocks.
This list by no means final, as Binance.US designates it as âPhase 1â digital asset offering, promising to support a wider range of cryptos down the line. The platform hopes to garner broader support in the US by enabling trading USD for popular cryptocurrencies.