Photo: Binance BlogBinance has partnered with premier exchange-traded product Amun AG to create an ETP that has the BNB token as the primary asset but listed in US dollar value. This development was announced today by the leading cryptocurrency exchange. Trading of the newly developed product (the Amun BNB ABNB) has started on the Swiss SIX exchange today.Changpeng Zhao CEO Binance indicated this in a tweet as well.A MAJOR step. Now you can trade $BNB ETP on Swiss Stock Exchange (Ticker:...
Read More »Binance’s Peer-to-Peer Trading in China is Great for Everyone
Two days ago, the biggest cryptocurrency exchange in the world in terms of trading volume, Binance announced it’s launching its new P2P trading facility for trading cryptocurrencies against the Chinese Yuan. Currently, this facility is only available for Android users. However, it has promised to roll-out this facility on iOS and web interface as well.That seems like a huge deal because in June this year, the People’s Bank of China (PBOC), the central regulatory authority that regulates...
Read More »Alipay Torches Binance CEO as False Bitcoin Rumors Fester
In what can only be described as a virtual slap in the face, the Chinese mobile payment platform, Alipay, strongly rebuked bitcoin exchange giant Binance for attempting to implement Alipay as a fiat on-ramp. Did Alipay Reverse Its Bitcoin Ban? New payment options for peer-to-peer (P2P) crypto trading on Binance’s mobile app came to fruition yesterday, as exchange boss Changpeng “CZ” Zhao emphatically unveiled the news on Twitter. The new function allows for mobile users to engage in P2P...
Read More »Binance Will Support WeChat And Alipay For Bitcoin Purchases
Photo: CoinspeakerRecently, Binance has announced that they will add two more fiat-to-crypto gateways, hence WeChat and Alipay. With this move, citizens of China now will be able to purchase Bitcoin, with these two payment options. Changpeng Zhao, the CEO of Binance, confirmed this news on his Twitter account:YES https://t.co/dnHKQSLvS4— CZ Binance (@cz_binance) October 9, 2019Currently, this initiative is only in the testing phase for Android users, but will eventually come out on iOS as...
Read More »Binance Unveils P2P Trading Facility for Chinese Yuan
Photo: Binance BlogCrypto exchange Binance is on an aggressive development spree this year. On Wednesday, October 9, Binance has launched its new P2P trading facility for trading cryptocurrencies against the Chinese Yuan. Currently, this facility is only available for Android users. However, it has promised to roll-out this facility on iOS and web interface as well. In its announcement, the crypto exchange said:“Binance has launched P2P trading functionality with BTC, ETH and USDT available...
Read More »Binance Introduces XRP to Binance Chain and Binance DEX
Ripples’ XRP has been pegged to several cryptocurrency pairs on Binance DEX independently of Ripple‘s Mainnet. Binance CEO Changpeng Zhao indicated this in a tweet:This was suppose to be announced a bit later. But such is the nature of blockchain project, #transparency. Can't hide anything.Well, there you go, #XRP (on chain pegged) on #BinanceChain and @Binance_DEX.Guess which flood gates this opens up? https://t.co/Mxpm5jZCfz— CZ Binance (@cz_binance) October 3, 2019Binance Dex, the platform...
Read More »Binance USD Illiquidity Stamps Wild $1,800 Bitcoin Price
The price of Bitcoin (BTC) collapsed in extreme fashion late last night. Some individuals were able to capitalize on the move more so than others — with the world's biggest cryptocurrency available at $1,800 per coin with Binance's own stablecoin, Binance USD (BUSD). BUSD currently is ranked 2064 by market capitalization and has a small 24-hour trading volume of $743,509 — or only 74.49 BTC — according to CoinMarketCap. It is this low liquidity that may have been responsible for the extreme...
Read More »Crypto Exchange Giant Binance Finally Launched US Trading
Malta-based cryptocurrency exchange Binance has finally opened up it’s long-awaited “store” in America’s part of the crypto-space, by launching trading on its new exchange for U.S. users. Today, on September 24, Binance.US has been officially launched.https://t.co/AZwoBOy3iq Opens Trading For BTC, ETH, XRP, BCH, LTC, BNB and USDThttps://t.co/Sc8MkzYkn4 pic.twitter.com/wlv9SCshlM— Binance.US (@BinanceAmerica) September 24, 2019The company hopes that by doing so, it could enlarge its influence...
Read More »Binance’s US Crypto Exchange Will Start Crypto Trading Facility on Tuesday
The world’s largest cryptocurrency exchange by trading volumes, Binance, will debut its trading operations in the United States from Tuesday, September 24. For this, Binance has launched a completely different American subsidiary Binance US following the country’s regulatory laws.Starting Tuesday, Binance US will offer the trading facility in crypto-to-crypto and fiat-to-crypto trading pairs. Moreover, Binance US plans to list seven cryptocurrencies immediately upon launch. These include...
Read More »Binance Says Its Venus Stablecoin Would Be More Government-Friendly Than Facebook’s Libra
As the stablecoin race catches up, cryptocurrency exchange Binance wants to position its Venus stablecoin more aggressively. Taking a dig at Facebook‘s Libra, Binance said that the Venus will be a government-friendly alternative to the Libra Coin.Last month in August 2019, Binance unveiled its plans to launch stablecoins and other digital assets pegged to fiat currencies across the globe. This initiative is part of the company’s plan to form major partnerships and alliances with global...
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