Binance news reddit

Binance news reddit

* Request interpretation of your dreams. USD BALANCES: Any USD balances remaining on the platform after June 15, 2023 may be converted to stablecoin that can be withdrawn on-chain. marcolopes. Now Binance wants to charge me 5% to recover the Binance not only does that, but indisputably shows that it mixes its own funds into it's customers proof of reserves. *Do not respond…. Binance has allowed certain trading instruments which many larger investors would use, such as Futures Trading. BNB is still way undervalued. Binance announced the shutdown of the BEP2 network, so you should convert all your remaining BEP2 assets to BEP20. I will update this thread as I get information back. For instance you can deposit 1Eth and $2000 on Binance and do the same thing on Coinbase. I have randomly checked bscscan on my bsc wallet address and I have seen that I transferred to Coins Ph from binance and it's been secure ever since, subscribed na din ako to Pro for transaction benefits. I've totally missed the BEP2 migration news and now I have over 2 ETH locked my on Trustwallet. Hello, anyone know how to disable anoying news / advertise push notifications on binance android app but keep getting price alerts. Main weakness in Binance is ability to withdraw funds. coinfeeds-bot. Withdrawal Fee 0. Monero’s market cap is just $2. Binance makes it easy to deposit funds by using debit card ( at least from UAE) but to withdraw , I can't work it out sofar. I recently registered on CoinEx, mostly to buy ARRR and now Banano, quite a cool little exchange. He helped me signup, then left it to me to make the wire deposit. This is the reason its not on Coinbase or lots of other exchanges. Educational_Swim8665. EXCHANGES. Yeah, binance does add more on top of that, but most is spent on “paying miners”. 000 USDT in crypto. If you are thinking about KuCoin, there are some nice BitDegree Missions to learn about KuCoin's reliability. The BTC price was $30,000, and he subscribed to a 30-day product with a 40% annual yield. It depends on where you live. When the product expires 30 days later, Bob will get one of the two outcomes: MoneroFox. Welcome to the Reddit Dreams community! * Ask questions and learn about dreams. In the last few minutes Binance users who have had their ETH locked up as BETH are now able to redeem it on a 1:1 ratio. 3 BILLION in fines to end DOJ's criminal investigation Too late lost lots of money transferred coin to coinbase using Binance blockchain and my money has been lost over $4000 now on Binance blockchain (BEP) and can’t get help from both exchange to release this money both saying to ask the other as none of them can help am a bigger and new on this space and am out I think there is a cheating Changpeng Zhao, CEO of Binance, plans to step down and plead guilty to violating U. For example, for USDT, if you are to put 2000 USDT or less, then the APY will be 10%, but for every USDT above 2000 (up until 75000), you only get an APY of 3% and for every USDT beyond that Hey guys, so I just saw the new feature in Binance called Binance Loans. He'd put some money in a coin and when he'd have enough profit, he'd put it in euros on his binance card. With Nexo, anyone who wants to borrow bitcoin or deposit cryptocurrency to earn interest can access the marketplace. I have reached out to. Coupled with what I heard from my friend about how unorganised things are within, I decided not to proceed with them, but heard that their bonus is quite good. Binance and KuCoin have become the first offshore crypto-related entities to register with FIU-IND, following a period where FIU-IND issued show-cause notices to nine offshore crypto exchanges for operating without adhering to the Prevention of Money Laundering Act (PMLA) of 2002. I think Coinbase is safer than Binance, but that is just my opinion. We replied saying: My grandson is helping me with buying Bitcoin. US- Support Team. 11 comments. So today I logged onto my Binance account for the first time in ages and it tells me I have 14 days to close all positions because they no longer service USA residents. One issue is the high bitcoin withdrawal fee. OverAir4437. Discuss it… Silver-dutch • 2 mo. Using Binance in America. Reply reply. 20 USD or less. Early this year, the SEC dispatched a Wells Notice to Paxos Trust Co. ph but then I saw some hacking issues involved with that app…. r/news. Things happen so fast in crypto, if Binance starting going tits up then very quickly your funds will be inaccessible. DOJ was on this case since 2018/2019 and in the settlement they reported that Binance did not mismanage consumer funds. The leading community for cryptocurrency news, discussion, and analysis. If you had followed the news for the last 4 years, about every month there is some new shady stuff revealed about binance, some scandal, or something dirty from the team. DavidSa07. Links: Here are the links you need for the 5% kickback: My Referral Link 5% kickback on all trading fees. But even then, I will try KuCoin before Absolutely, for the US folks Coinbase is the way to go, sadly it doesn't have all the coins people would love to get. Binance are currently offering new users 5% kickback on all trading fees if they sign up with My Referral Link. This will be mainly for wire transfers and the lack of response for these wire transfers and for lost gains. Binance “places a high value on regulatory compliance” and the decision aligned with a movement towards “greater transparency amid evolving regulatory frameworks”, a spokesperson said. 2. What's going on with Binance and their CEO Changpeng Zhao aka CZ pleading Guilty to Money Laundering Violations and how will it affect the company and the users? Unanswered Multiple sources like this one on Twitter , indicate that CZ pleaded guilty as part of a $4. As of last week, Binance was looking to shore up SWIFT services from other institutions. Traders have noticed a BNB price of $220 being “heavily defended” on Binance. BTC is on lightning, can buy anything on binance ~when messaging, please tell me what u want, what u have and total value. * Connect with a community of dream enthusiasts. It has the highest ranking here: ' Best Cryptocurrency Exchange '. I will explain everything here, if just in case you find yourself doing things in same order, you know what to do. He then proceeded to claim he only had 340 CAD in I wanted to share my recent experience with trying to use Binance in the U. I've been looking into alternative platforms, and two that have been recommended to me are Coins. Alternatively, find out what’s trending across all of Reddit on r/popular. •. upvotes. Non referral link no kickback Steps: Binance now allows redemption of BETH. The place for news articles about current events in the United States and the rest of the world. JASMY Inc, an ex-SONY Executives' venture company, is developing the L1/L2 Networks & JASMY Smart Devices with manufacturers like Panasonic. I'm not sure why. Department of Justice. Reddit gives you the best of the internet in one place. ”. “It is worth mentioning that the event leading to the decision affecting BUSD centered around the US regulation. With a few birthdays coming up, I’m considering gifting crypto, especially for two people I know that actively DCA. Thanks, icaq. 000 USDT. ago. Firstly, the initial purchaser of my USDT started a buy order of 500 Canadian Dollars; this man will now be referred to as man A. So for $50 I actually used some margin 50% of 3x. The JASMY Network is a L1 Consortium Blockchain built on Hyperledger Fabric, a modular and gas-free blockchain, suitable for devices. 304 votes, 147 comments. Find an alternative and never look back. I just started using the Kraken exchange for the first time and I must say that I am very surprised. Spot Account: Use this referral code to get 40%. I think the fee is 0. But if risk-reward balance of crypto-markets seems too low for you - welcome to leveraged futures. It could spell disaster to the Indian savings and economy when something like FTX bankruptcy happens. 💪😁. 0 and then hit redeem, tick a few boxes to Best. I'm talking €20 to €30 per day. I'm not a Binance fanboy. Gifting BNB or BUSD makes sense to me as they have a huge number of pairs on Binance. So wanted to ask the community what the pros and cons are with Binance Loans, say when compared to taking up a loan in other CeFi’s and DeFi’s. Binance argued that the SEC's use of its guilty plea with the DoJ and consent order with FinCEN, as well as Zhao’s DoJ plea, in the ongoing case was not applicable. Its just way more of a hassle than withdrawing like some exchanges allow you to do. Imo if you have more than like $500 I would seriously consider getting a ledger or Trevor to move your funds to cold storage. I can't find an update on that situation. motleyrice. i went through the comments, i'm still confused. It does not matter how high the price of BNB is, because the fee is calculated from the value of the trade not from BNB. 16M subscribers in the technology community. Attorney General Merrick Garland said that Binance would pay $4. Legal Issues and Investigations: It could get banned but as long as binance will not ban or prohibit Filipino Citizens on their platform it'll be just fine. 26M subscribers in the news community. NEWS: Binance Bridge is shutting down in just 9 days! According to their website, Binance is shutting down Binance Bridge on November 25th @ 08:00 UTC. 27M subscribers in the news community. It is the biggest crypto exchange in the world. SEPT 2023 UPDATED Binance Referral. For most users buying BNB for the fee discount makes sense. Example: You buy Bitcoin for 1000$, the fee is 1$ (without discount). It was a nice extra for some expenses. PST / midnight EST. , since I know a lot of us have been running into similar issues. The original Binance is like the wild west with 100X+ derivatives trading and like 100+ more assets. Best. Basically, Binance isn't fully operational because of some regulatory stuff, and even Binance. But no matter what you first have to transfer your currency to fiat. and the resignation of founder Changpeng 'CZ' Zhao as CEO. It does provide privacy for other projects or dApps built on May 29, 2023 · Since the beginning of 2023, the number of Reddit avatar holders has increased by 80%. Eventually, I will settle into only 2 crypto platforms, one for a banking type of setup, and the other a pure trading platform. • 6 mo. This is unlike Binance where the main audiences are crypto traders and holders. 3 billion settlement agreement involving criminal and civil charges in the United Last week Binance warned that its partner Signature Bank is cutting off all SWIFT transactions valued below $100,000 starting Febuary 1st. Binance is encouraging users to convert their BUSD holdings into a newly listed stablecoin Based on the posts ive read about binance, it was supposedly banned in the PH by the end of feb. The CFTC case (not the SEC case just filed) could actually jeopardize Binance’s ability to operate abroad. Subreddit dedicated to the news and discussions about the creation and use of… Many exchanges have their flaws and tradeoffs. Binance was charged with a 4 billion dollar settlement and has the ability to pay it off as proven with their public proof of reserves. Here's the thing in case you don't know. 4 million Filipino users were exposed to undue risk, urging the SEC to ban the exchange and impose fines and injunctions against it. Discuss it… BREAKING NEWS: Binance CEO Changpeng Zhao plans to plead guilty to violating US anti-money laundering requirements and crypto exchange will pay $4. Deposit Fee Free. Binance seeks permission from the government, if denied they will update their site policy for any user who has an Indian account to show a notification pop up that they cannot perform certain transactions because of their country rules. Reply. 7 million NFT avatars in the collection. 1K votes, 99 comments. 1M subscribers in the BitcoinBeginners community. All addresses were copied and pasted, no memo required. The plea deal aims to allow Binance to continue its operations and involves fines totaling $4. As for cheap transaction coins - look at xlm, if it’s available on binance. I stopped using then completely due to this unethical and downright fraudulent business practices. US isn't available in every state. But I wouldn't take the risk and leave my funds on the exchange. Withdrawing funds should be equally easy. I usually use sepa transfers, as I am European. I believe Binance does this on purpose to deter people from withdrawing funds . The interest paid to take up a loan looks quite low. -> if the chosen crypto currency increases in worth by more than 25%, it could be a big win. It’s just other places are even safer. Nexo VS Binance. I’ve sent to this wallet before so I just don’t understand why this would happen. US will remain a crypto-only exchange But as I learned a few things, I chose altcoins not listed on Coinbase, and discovered I could buy somewhere else with less fees. Borrowing a loan of 15. The article discusses the ongoing legal saga between Binance and the SEC, including the SEC's allegations and Binance's previous settlements with the U. 01 bucks including binance I hear plenty of stories of people residing somewhere Binance is allowed, but have had their funds frozen once they realise their nationality is on the list of banned locations. You need to accumulate a significant amount on the platform before it makes economic sense to withdraw to a private wallet, and you absolutely do want to withdraw to a private wallet. Changpeng Zhao, its founder, will pay a $50 million fine and step down as chief executive. Binance Will Delist XMR on 2024-February-20. Thanks Android App - Keep getting price alerts but block news / ads notifications. At Binance, we periodically review each digital asset we list to ensure that it continues to meet the high level of standard we expect. Furthermore, there have been 303,033 total sales with a cumulative sales volume of $32. Swap with high rewards Stake in pool with good returns . I deposited some eth last night to my Binance eth (ERC-20) address and after hundreds of confirmations, the money never showed up in my Binance eth wallet. The chance of the crypto market rising in the next 6 months is extremely high. After more than two years of constant use of Binance, which I stopped using due to their KYC verification (I was a verified user for all time since begining i bought crypto there for more then 10K and after this FTX Binance is ok but fees are a bit high. Then in your spot wallet you have a withdraw button, press it. Zhao is scheduled to appear in a Seattle federal court to enter his plea. m. Here is the example from Binance page Example 1 Bob invested 1 BTC on Binance Dual Investment with an “Up-and-Exercised” position. I will be starting the process to see about making a class action lawsuit against Binance. No, they wont mirror. So far though, my favorite platform is Binance. Despite the significant outflows, the exchange is expected to continue operating as usual and make a "complete exit" from the U. They did say to start a KYC process (which apparently is identity verification which I did literal years ago) but when I go to the KYC 1. Binanace said this may make some customers unable to withdraw their assets. I don't think they will ever be the same. 904K subscribers in the binance community. Binance is well known for low trading fees. Binance = Intermediate. They publish urls to real Binance articles or real Binance website, but these articles are not visible on website news page. Many thanks! It works fine, but interest is much higher than on Aave or Class Action Lawsuit. The upgrade period will last approximately 6 hours (estimate only). Since Binance. And if you be the first to get the best staking pool you need little helper like r/StakingAlertBinance/. 1%, but when i read there is 0. 3 billion in penalties. BLS signatures, and $$$. I would love to work for Binance (binance. Given it’s marginal impact, I asked Binance why it chose to delist monero. Binance 40% discount referral code + 50$ sign up bonus (3-4 tasks depending on your country ). Compared to Binance, Nexo is more user-friendly, offers a $100 million insurance policy on each wallet, and has much higher interest He'd have €1000 of different cryptocurrencies, which he used to make small daily profits. Happy hunting friend. 0005 BTC. com. Best Regards, Binance. There might be lower fees for premium customers, etc. 1%. Binance user here since its launch, Relax and don't think about it so much. $100) you proceed to sell the Eth to the exchange where the price is higher and, if you want, you can buy it back on the other exchange. if theyve got plenty of good reviews then most of the time its safe. It is a blockchain that can be used to enable privacy for any dApps that are built on top of it. Web-scale blockchain with speeds of 50k TPS. Seriously dude, Binance really, really ain’t worth the risk. Getting like 8. Then you have to change from crypto to cash and enter your information. " Binance says it may cease to be a CEX because of crypto regulations CZ : "The only thing that can cause an exchange to crumble is not being backed 1 to 1. . US and Prime Trust LLC. tldr; The article reports that Binance experienced nearly $1 billion in net outflows within 24 hours following criminal charges in the U. Hopefully that's the real explanation for this. This wasn't illegal in many countries because many countries did not have a solid legal framework for crypto in the first place. com is moving up in my ranks. Binance is not a great option, but it is one of the few options available to Indians. 3 billion. MembersOnline. This decision aligns with Paxos' plans to end BUSD redemption at that time. Any news about binance since im planning to create a new account. I see @binance via email has suggested that all Ontario residents close their binance accounts by December 31, 2021 but I wanted to see what some of your thoughts are on potential Newbies please read. US is within the US, I have a feeling it was made to serve the US regulatory environment which is HIGHLY regulated. don't understand all the noise. They surmise that Binance has to keep the price above that number to prevent trouble from BNB-backed loans. Bitcoin Beginners is a subreddit for new users to ask Bitcoin related questions. Binance founder Changpeng Zhao sentenced to 4 months in prison for allowing money laundering. 5% for spot buy/sell trading fee, i was like "well that's kind of misleading". us, those cost sub 0. It's the same with ERC20, currently 10 dollars USD for a withdrawal when the network usage determines a fee of $1. The letter argued that Binance’s over 1. 1% and 0. Second, Binance is not insolvent nor will be. Profits might come on the way, but for the most traders - they won't, so staying away from it is much safer way to make money. We will be using this time to increase the number of allowed decimal places for U. Lots of other options out there though, keep digging 'til you find your spot or spots. 1. Hey Fam 🍃 the pip news should be shared, r/memecoins, on X a lot 🔥, creating a PiP account, also vist Pip on X and other Platforme, Thanking them for the move ️ 🦥 💎 🍃 We becoming "more than a meme" everyday passing, PIP INCUBATED BY BINANCE 🥲 Binance has publicly denied mixing customer deposits and company funds, and has said that Merit Peak is a vehicle for CZ to trade his “self-made wealth. Until we secure more stable banking partners, Binance. It's mostly about stress, losses, frustration, fear and other "cool" things that will keep you awake at night. It supports currency exchanges from USD to EUR and over 50 other Hello guys, I was interested in getting a leveraged long position on my crypto and was wondering if Binance US has the ability to open futures. Its ok, I have been scammed terribly. anti-money-laundering requirements. tldr; Crypto exchange Binance has confirmed its plan to gradually cease support for its stablecoin, Binance USD (BUSD), by February 2024. 9. For those not familiar, Binance Bridge is a tool for moving your assets cross-chain (ie, from ETH to BSC, BSC to SOL, etc). Pay for fees with BNB get an extra 15% This is the highest Binance referral kickback you can get! How to use a Binance referral ID? Binance flexible savings tier (diminishing returns), what is the logic? Binance. 5% on bitcoin and ether, 14% on USDC and 12% on CRO. com) actually. On the surface, these seem to be a good alternative to paper wallets and for gift amounts less than would justify including a hardware wallet. Kraken VS Binance. Keeping enough money to pay back for the worst case if everything crashes. Cryptocurrency services remain fully operational, including: crypto trading, staking, deposits and withdrawals. Discuss it all here. SadAd36. Add a Comment. ph and PDAX. This could change in the future though. 4 million and there are 13. I was ready to use Binance to start trading because of they're 0. Binance doesn't want to play by the rules, we'll don't. Binance smart chain is driving up demand. If you trade with BNB, you get a 25% discount on the normal fee. GENERAL-NEWS. * Keep a dream journal. A place to interact with the community, and discuss all things crypto and Binance! p2p is perfectly valid service that ive used many times on binance. They list Nano, Cardano and Zilliqa, which are my main assets right now. Edit: If you lose money for 50 bucks difference the fees must be a bit higher than 0. I didn't know it would be a problem send the wire from the R*** Electric bank account. I don't understand the logic behind the tiers in the flexible savings. US. * The latest news and info about dreams. I just learned about the news with binance in Ontario, Canada and the UK futures ban a couple days ago and see lots of people asking what's going on. Mmm dont know bro! Maybe happening but never had any affect on me yet This is a place to post any information, news, or questions about the Solana blockchain. The formal notice alleged that Binance USD (BUSD) was an unregistered security investment contract. I thought it could be achieved by scraping Binance News page, but no, it has delay about 5 minutes. AFAIK, the only available alternatives are lesser-used solutions like Don’t invest with Binance, Philippines securities regulator says - Aug 2022. Newbies please read. The SCRT token is used for governance, transaction fees, etc, and is 100% visible on a public ledger. If paypal is in a none GBP currency then will be 5% more Look at the transaction fees for the base blockchains of those coins, both btc and eth on-chain transactions are more then 20 bucks. To do this, go to the "Earn" area, navigate to ETH 2. Hey Reddit community, I just stumbled upon the news about Binance being unregulated in the Philippines, and it has me a bit concerned about the safety of my investments. As far as I am aware its because they don't support BLS signatures. S. Binance is great and the biggest CEX. I would choose Bybit. Binance users are encouraged to convert their BUSD assets into other stablecoins or digital assets on the platform by February 2024. However, if you don't have enough gas (BNB on BEP2), you can't complete the conversion. (as Binance already indicated a months ago) Binance Will Delist ANT, MULTI, VAI,XMRon 2024-02-20. : r/binance. SEPA is a system that allows users to make cashless euro payments via bank Binance: Pros and Cons. Otherwise you have no opportunity anymore to catch a good coin option. 0, then we'll see XCH listed. This subreddit is operated by the Solana Foundation. Binance US has competitive fees per trade, but the withdrawal fees for certain coins can be astronomical. US will perform a scheduled system upgrade on December 18, 2022 starting at 9 p. I've been waiting for this for a long time but it has finally happened. I was in one of those unlucky states (greetings, Texas) and found out I GENERAL-NEWS. Depositing 16 ETH as Collateral. Yuri Gripas Crypto. okay naman yung bybit boss, sadyang binance lng talaga yung dominant saatin. pbs. Dollar (USD) and USD pair calculations, in order to further improve As of now not confirmation on ban of Binance and 8 other exchnages, even if there is plan of ban of exchanges in India, Binance will inform users to withdraw their funds, been using binance from past 5 years without any issues. Binance are grade A scam artists all around. Binance have just taken a major blow in Australia, completely losing their banking partner here. Coinbase = casual or newbies, great for a transition. This, combined with low fees, has attracted big money and credibility. Once they implement it, which they'll need to if they want to support ETH 2. Maayos lang din yung fee limit so walang mahal na platform fees. 75% if you have BNB coins. Let us know what it's like!! their remuneration is so below the market rate to be honest. This decision comes after Paxos halted minting new BUSD tokens. That means no deposits or withdrawals to banks. There's KuCoin for that. 6 million, according to the data. Coinbase Pro/Advanced Trading's fees are competitive enough to where I avoid Binance US at all costs unless I'm buying a coin that isn't on Coinbase yet. In recent days (past week) traders have noticed lots of selling pressure on Binance’s Bitcoin that is not reflected in other exchanges. Since we have 2 small kids, I'd use that money for diapers, formula etc. When a coin or token no longer meets this standard, or Share. https://www. The strike price was set to $40,000. Pros: Binance, unlike Coinbase and several other platforms, allows a wide range of fiat currencies. They try and trick/scam users into selling their btc for a coupon token they control with confusing withdrawal options. Binance is bad for multiple reasons : They have an absurd withdraw fee of 0. tldr; Binance, the world's leading cryptocurrency exchange, has announced that it will phase out support for the BUSD stablecoin. I found out about the binance ban last night and transferred some of my USDT sa coins. It could even happen over night while you are sleeping, imagine just before going to bed you see your friend rising in value 5 fold, then wake up to the news Binance has shut down and funds are missing. They say you learn through experience. CFTC is known for ending companies, and some of the remedies being sought would hobble their ability to raise funds and to function as an on/off ramp for fiat. Binance is awesome for a global use. market. R*** Electric is no longer in business. Binance is the world's most popular crypto exchange that services users worldwide. Passionate about something niche? Reddit has thousands of vibrant communities with people that share your interests. Expert-Candy4419. Investing the 15. The Reddit Collectible Avatars market capitalization is $38. * Share your dreams. Secret Networks is not a privacy coin. I have been scammed. Nov 21, 2023 · U. Binance. Let me make this clear. Get a constantly updating feed of breaking news, fun stories, pics, memes, and videos just for you. Binance new CEO is the answer to Binance problem. thx! Share Secret Network’s Response to Binance News. NEW BINANCE P2P SCAM! BE CAREFUL! General. 2bn compared with bitcoin’s whopping $920bn. I use Binanceus But reluctantly. Be mindful of scams of Binance P2P! I have experienced a new scam today that you may fall for if you aren't too careful. They are still able to use the VISA system for deposits and withdrawals to cards, and their (dodgy) P2P marketplace is still functioning, but this is obviously a massive blow to their operations here. The Modi government has failed on multiple fronts when it comes to the economy, but their handling on crypto regulations has been awesome. As soon as there is a meaningful spread (eg. I've been doing a little bit of research on their new CEO Richard Teng, and this guy seems well suited for the situation at hand. The UK is included in the SEPA zone list on Binance and Paysafe is a London based company so I would say yes! tldr; Crypto exchange Binance has partnered with London-based payments company Paysafe to resume Single Euro Payments Area (SEPA) bank transfers for customers. Sounds about right. * Post links to interesting sites or videos related to dreams. CZ : "Regulations are needed to protect customers. 0005 BTC or ~27 usd. I bet the US folks can use it too. fi am ex kt me pq cx ki od gd