Leading cryptocurrency exchange, Binance has partnered with Akbank, one of Turkey’s most forward-thinking banks to provide the first direct bank channel integration for instant fiat deposits and withdrawals, according to a press release shared with Cryptopotato. Starting today, the integration will allow Turkish users on the Binance trading platform to instantly deposit and withdraw the Turkish Lira (TRY) at the most competitive fees, both on desktop and the iOS app.Lowering The Barrier Of...
Read More »Binance CMO Wants Beautiful Women to Work on Client Satisfaction
The famous exchange CMO posted a ‘joke’ in which Binance was supposedly looking for a woman with a beautiful, large chest to work at the Client Support Department.Despite Binance usually hire Support people while looking at their juridical, programming or marketing skills, not chest… this time it was a slightly different story. Binance Chief Marketing Officer He Yi has posted a job offer on the official channel in Weibo, which is a Chinese analog of Twitter.Per the Decrypt translators, the...
Read More »Binance Joins Hands with Shyft Network for KYC Data Sharing
Binance will now work with the Shyft Network provides industry-wide solutions to meet the FATF requirements. For this, the network uses its database bridging, identity passporting, and data attestation infrastructure. As crypto exchange Binance spreads its wing in the global market, it is working on complying with the Financial Action Task Force (FATF) regulations. Recently, Binance joined hands with public blockchain protocol Shyft Network for cross-industry KYC data sharing.The Shyft...
Read More »PrimeXBT Exchange Nabs Three Forex Awards, Including Best Crypto Trading Platform
PrimeXBT is proud to announce that it received three prizes at Forex Awards as the Best Crypto Trading Platform, the Best Crypto and Forex Broker, and the Best Crypto Trading App.The 2019 edition of the Forex Rewards has revealed that Bitcoin-based margin trading platform PrimeXBT made a clean sweep of the awards in the cryptocurrency categories. In the category of Best Cryptocurrency Trading Platform; Best Cryptocurrency and Forex Broker, and Best Crypto Trading App, PrimeXBT walked away...
Read More »Whenever Bitcoin Halving Is Mentioned, BTC Price Rises?
It has been discovered that there is a correlation between Bitcoin price and mentions of the upcoming BTC halving in media outlets. The more mentions are there, the higher the price is.It seems that whenever some media informs the public about the upcoming Bitcoin halving, the strongest cryptocurrency tends to grow. The BTC halving event is getting closer and closer. That’s why there is no surprise that the number of mentions is growing. According to a popular countdown, there are only 76...
Read More »Ripple Transfers $54 Million in XRP to Mexico in One Week, Inks Useful Partnerships
Ripple’s XRP price may be on the road to the next big move, as the company is actively expanding the scales of its activities and joined the Top 100 Remittance Companies list being the only crypto-related company there.Ripple network sent 54 million in one week from the U.S. to Mexico, according to the reports. Such a big volume level pushes XRP price greatly, even though the recent downfall. With the company reaching the top 100 cross-border payment corporations chart, new horizons are...
Read More »Changpeng Zhao: Bitcoin Is in for a Meteoric Rise
Changpeng Zhao, the CEO of Binance – arguably the largest and most popular cryptocurrency exchange in the world – says that the bitcoin price is set to increase heavily over the next few months.Changpeng Zhao – BTC Will Rise UpIn a recent interview, Zhao stated that he’s avoided predicting the bitcoin price up until this point on account of 50 percent of the time, these predictions will likely be wrong (Tom Lee could probably take a lesson or two from this man). However, this time around,...
Read More »Bitcoin Halving Has Not Been Priced In, Claims Binance CEO Changpeng Zhao
According to Changpeng Zhao, Bitcoin halving does not have a set price. But after the event, we may expect that the BTC price will react positively. In less than three months, the most anticipated event for the crypto community will take place: Bitcoin halving. Scheduled for May, Bitcoin halving happens at every 210,000 blocks and cuts down the supply of BTC, making the asset more scarce. Now the reward for each block is 12.5 Bitcoin and after halving it will be 6.25 Bitcoin.It takes four...
Read More »Binance Office Situated ‘on Mars’, Seychelles, Cayman Islands or Really in Malta?
On February 21, the Malta Financial Service Authority made an official post about the Binance exchange office address. The cryptocurrency market received a hit.A bunch of news media was referring to Binance as to ‘Malta-based exchange’. The fact is that nobody saw that office of Binance situated in Malta. Some crypto journalists like Cryptomedication were asking people in Telegram chats for months: Where is Binance’s office? So far, cryptocurrency enthusiasts had nothing to answer.Despite the...
Read More »Are Custodial Wallets Better Than Non-custodial Solutions?
Sometimes vulnerabilities of non-custodial apps make it possible to breach data without users having a chance at backing up their balances. But custodial wallets offer users the possibility of recovering access at any time.Custodial, or centralized, wallets often come under criticism as being allegedly less reliable than their non-custodial counterparts. While this stance is common, does it really take into account all the nuances of how today’s wallets protect their customers? The below...
Read More »