If you are worried about possible scams – funny enough DogeZilla claims it aims to make the crypto space safer for users.
Affiliation Department of Computer Science, University College London, London, United kingdom http://orcid.org/0000-0002-1920-4658 Cryptocurrency price drivers: Wavelet coherence analysis revisited Ross C. Phillips, Denise Gorse Published: April 18, 2018 https://doi.org/10.1371/journal.pone.0195200 Article Authors Metrics Comments Media Coverage
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Users should also turn on two-factor authentication if they haven’t already done so.
Cryptocurrency firms aren't regulated, which means that you won't have any protection if things go wrong.
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This is mainly because of the extreme volatility that takes place in the industry. If you’re not careful – you could lose a lot of money quickly.
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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.
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It is the latest cryptocurrency to have seen a spike in interest since the turn of the year, following on from the success of Dogecoin, Bitcoin and Ripple XRP in recent weeks.
The electric carmaker said in May that it would no longer accept the cryptocurrency for purchases. It's been a wild ride for bitcoin the last three years.
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We couldn’t find any information from Binance.US about its security measures and protections, and the company did not respond to a request for comment. The most descriptive information on the Binance.US site is the following statement, from its homepage: “We use state-of-the-art storage technology to protect your cryptocurrency and USD assets.”
The Basics of Bitcoins and Blockchains: An Introduction to Cryptocurrencies and the Technology that Powers Them (Cryptography, Crypto Trading, Digital Assets, NFT)