Binance

In a recent development that has sent ripples through the cryptocurrency community, Mayur Kamat, the Global Head of Product at Binance, has confirmed his departure from the leading crypto exchange. This move marks the latest in a series of high-profile exits from the company, raising questions about the platform's internal dynamics and future trajectory. Mayur Kamat's tenure at Binance spanned nearly two years, during which he played a pivotal role in the platform's product development and strategy. In a statement…

Crypto futures are financial products that allow traders to buy or sell a cryptocurrency at a predetermined price at a specific future date. Binance, one of the world's largest cryptocurrency exchanges, offers a platform for trading crypto futures. This guide will walk you through the process of trading crypto futures on Binance. Step 1: Create a Binance Account Before you can trade futures, you need a Binance account. Visit www.binance.com, click on 'Register', and follow the prompts to create your…

According to the U.S. Securities and Exchange Commission (SEC), Binance and Coinbase are facing charges for operating as unregistered exchanges, broker-dealers, and clearing agencies. In the case of Binance, the SEC has filed 13 charges against the company and its founder, Changpeng Zhao. The charges include allegations that Binance was operating unregistered exchanges, broker-dealers, and clearing agencies, misrepresenting trading controls and oversight on the Binance.US platform, and offering and selling securities without registration​​. The SEC claims that Binance subverted its…

In a surprising turn of events, a Binance Coin (BNB) whale has cashed out a whopping $2.3 million after remaining dormant for two long years. This unexpected move comes when mounting regulatory concerns hit the cryptocurrency market, adding a fresh layer of intrigue. For the uninitiated, a 'whale' in the crypto sphere refers to an entity holding a large amount of cryptocurrency. These whales can significantly influence the market dynamics through their actions due to the sheer size of their…

Binance Coin (BNB) is the cryptocurrency of the Binance exchange. It can be used to trade for other cryptocurrencies on the Binance exchange and can also be used to pay transaction fees on the exchange for a discounted rate. The Binance exchange is a centralized cryptocurrency exchange that allows users to trade cryptocurrencies with one another. The Binance Coin (BNB) can also be bought and sold on other cryptocurrency exchanges. Binance Coin Benefits and Drawbacks Benefits of Binance Coin (BNB):…

BUSD is a stablecoin pegged to the US dollar's value. This means that its value is designed to remain stable and closely track the US dollar's value. BUSD can be used for various purposes, including trading on the Binance cryptocurrency exchange, paying for goods and services, and storing value. In addition, since its value is pegged to the US dollar, it can provide a more stable form of cryptocurrency for people concerned about other cryptocurrencies' volatility. Binance partners with Paxos…

BNB Chain, also known as Binance Smart Chain, is a blockchain platform primarily used for the development and execution of smart contracts. It is a decentralized, open-source platform developed by the cryptocurrency exchange Binance. Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. They are designed to facilitate, verify, and enforce the negotiation or performance of a contract. BNB Chain uses a proof-of-staked-authority (PoSA) consensus algorithm, allowing…