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Everything is fine with the Binance. "Funds are SAFU"
Binance will survive any crisis. Do not pay attention to the FUD inflated by the press
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The story can be considered complete, close the topic
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Top BNB Chain DEX PancakeSwap Launches “Simple Staking” with Binance Earn PancakeSwap, the top decentralized exchange (DEX) on the BNB Chain ecosystem, has teamed up with the largest crypto exchange, Binance, to simplify crypto staking for market participants. In a post on X, PancakeSwap announced partnering with Binance Earn. The notification stated that the alliance has given birth to a crypto-focused project, “Simple Staking,” to revolutionize crypto enthusiasts’ investing experience. In the official statement, PancakeSwap highlighted its vision to create an all-encompassing DeFi ecosystem that combines user-friendliness and innovation. It mentioned that Simple Staking represents a significant step towards achieving its vision as it offers users a seamless way to earn rewards. PancakeSwap Simple Staking According to the notification, the Simple Staking platform allows crypto users to stake prominent digital assets for rewards. The highlighted cryptocurrencies users can stake include CAKE, PancakeSwap’s native token, Polkadot (DOT), and stablecoins. The mentioned stablecoins were Tether (USDT) and Circle USD (USDC). Furthermore, PancakeSwap noted that Simple Staking threads a path different from the traditional staking system in crypto. In particular, the DEX stated that Simple Staking allows users to earn rewards by staking a single type of asset. PancakeSwap argued it is remarkably straightforward compared to traditional staking methods that involve complex liquidity pools and asset pairs. Also, it spotlighted four key benefits of its Simple Staking. Among them was the absence of impermanent loss, a common concern with Automated Market Makers (AMMs). Moreover, PancakeSwap stressed that Simple Staking eliminates the need for users to manage multiple positions or transfer tokens between different yield farms. Also, the report mentioned that rewards in Simple Staking accrue daily based on the Annual Percentage Rate (APR). Besides, PancakeSwap offered additional incentives for crypto investors staking its native token, CAKE. Per the report, staking CAKE in the platform’s fixed-term pool will result in an APR boost, significantly increasing Simple Staking rewards. https://thecryptobasic.com/2023/09/29/top-bnb-chain-dex-pancakeswap-launches-simple-staking-with-binance-earn/ |
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Binance P2P Introduces Automated Payment Methods for Crypto Trades Binance P2P, a peer-to-peer trading platform, has introduced five new automated payment methods, for cryptocurrency buyers and sellers across 15 fiat markets. With these automated payment options, users can instantly receive their purchased assets, streamlining the trading process. Automated Methods Streamline Cryptocurrency Trading These automated methods eliminate the need for sellers to manually verify payments before releasing assets, as the system checks for complete payments from buyers. This automated approach operates 24/7; ensuring assets are promptly released upon confirmation of full payment, which minimizes delays and enhances overall trading efficiency. Only selected merchants on Binance P2P, which is identifiable by a pink lightning badge, are authorized to support these automated payment methods. According to Binance, Binance P2P aims to make peer-to-peer transactions smoother more efficient and secure for both buyers and sellers, demonstrating the platform's commitment to improving the trading experience. Euro Deposit and Withdrawal Suspension Sparked Concern In August 2023, Binance faced a temporary setback related to its European operations. Finance Magnates reported that the exchange encountered payment issues in Europe, resulting in the suspension of euro deposits and withdrawals. However, Binance's spokesperson affirmed that its services were operating normally. Keep Reading Tokyo Meets Boston: SBI Forges Partnership with Circle for USDC Expansion 2023 Digital Banking Trends and the Future of Banking The suspension was specifically related to Single Euro Payments Area (SEPA) transfers, a standard for swift and secure card-based transactions within the European Union (EU). Binance Customer Support's official Twitter account initially announced the suspension and cited challenges with its payment provider, raising concerns about the exchange's regulatory standing in Europe. The tweet, which suggested uncertainty regarding the reinstatement of SEPA transfers, was later removed from Binance's official profile. Users expressed frustration over difficulties accessing their funds, following Paysafe Payment Solutions' decision to end its collaboration with Binance for euro payments, effective from September 25. However, Binance later clarified that SEPA deposits and withdrawals would continue uninterrupted until the mentioned date. The exchange attributed potential account closures to routine compliance Compliance In finance, banking, investing, and insurance c...Read this Term checks. While this incident has caused temporary disruption, Binance aimed to resolve the issue swiftly, ensuring the continuity of its services. https://www.financemagnates.com/cryptocurrency/binance-p2p-introduces-automated-payment-methods-for-crypto-trades/ |
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I suppose that you are all specially hired to drown Binance
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Don't worry about the future of this coin. The change of CEO's will not affect trading of this coin
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I ask everyone for forgiveness. I left my post for the well-being of users
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 $76 Billion a Day: How Binance Became the World’s Biggest Crypto ExchangeThe trading platform surged by operating from nowhere in particular—without offices, licenses or headquarters. Now governments are insisting on taking some control. The world’s fastest-growing major financial exchange has no head office or formal address, lacks licenses in countries where it operates and has a chief executive who until recently wouldn’t answer questions about his location.
Started just four years ago, Binance is the exchange giant that towers over the digital currency world, a crypto equivalent of the London, New York and Hong Kong stock exchanges combined. After a burst of growth, Binance processes more trades for cryptocurrencies such as bitcoin and ether each day, $76 billion worth, than its four largest competitors put together, according to data provider CryptoCompare...
https://www.wsj.com/articles/binance-became-the-biggest-cryptocurrency-exchange-without-licenses-or-headquarters-thats-coming-to-an-end-11636640029 |
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The world needs more trees—play your part by helping us paint the town green! #PTTG Follow @BinanceBCF Share an original tree-related artwork/NFT/photo with #PTTG Caption it with why trees matters to you Challenge a friend to do the same! https://twitter.com/BinanceBCF/status/1454138251074097152 |
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Introducing the #BinanceWhaleGame! Starting today, we're going to be hosting a series of games right here on Twitter. There will be 10 players battling for the grand prize. Starting prize: $50,000 in #BNB. The prize increases as the games go on. Stay tuned. https://twitter.com/binance/status/1452967323241955333 |
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I would like to know is it safe to use the binance account through VPN ? The main reason for asking is that since VPN changes locations ( IP of different countires), binance may find it suspicious that one day you are login from one country and other day from another country.
Since they keep track of of our location, will it have any affect on your account ?
Also anyone can share his / her experience of using binance on VPN ?
Binance Anti-fraud system reacts for frequent changes of your IP In such moments, the system can mark you as a suspicious user, which can lead to partial blocking with a demand of face recognition |
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2.0 bn 1,400,000+ 24/7Average daily volume Transactions per second SupportBinanceBinance Exchange is the largest crypto exchange by trade volume and one of the fastest in the world. AcademyBinance Academy is an open access learning hub, providing a one-stop-shop for blockchain and crypto learning resources. CharityBinance Charity is a not-for-profit foundation dedicated to advancing blockchain-enabled philanthropy and global sustainable development. InfoBinance Info is a crypto-encyclopedia; an open and objective information aggregation platform where anyone can contribute. LabsBinance Labs is an infrastructure impact fund and an initiative to incubate, invest in, and empower blockchain projects. LaunchpadBinance Launchpad is the exclusive token launch platform for entrepreneurs to bring the most transformative crypto projects to life. ResearchBinance Research provides institutional-grade research reports, data-driven insights and analysis for investors in the crypto space. Trust WalletThe official wallet of Binance, Trust Wallet is a secure, decentralized wallet where users can send, receive and store their digital assets. Binance ChainBinance Chain is a community-driven blockchain software system, with developers and contributors from all over the world. Binance DEX is the decentralized exchange feature developed on top of Binance Chain. Source https://www.binance.com/en/aboutFees: https://www.binance.com/en/fee/schedule
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Your registration of an account with Binance will be deemed your agreement to provide required personal information for identity verification. Such information will be used to verify Users’ identity, identify traces of money laundering, terrorist financing, fraud and other financial crimes through Binance, or for other lawful purposes stated by Binance. We will collect, use and share such information in accordance with our Privacy Policy. In addition to providing such information, you agree to allow us to keep a record of that information during the period for which your account is active and within five (5) years after your account is closed, in compliance with global industry standards on data storage. You also authorize us to conduct necessary investigations directly or through a third party to verify your identity or protect you and/or us from financial crimes, such as fraud. The information we require to verify your identity may include, but is not limited to, your name, email address, contact information, phone number, username, government-issued ID, date of birth, and other information collected during account registration. When providing the required information, you confirm it is true and accurate.AFTER REGISTRATION, YOU MUST ENSURE THAT THE INFORMATION IS TRUE, COMPLETE, AND TIMELY UPDATED WHEN CHANGED. IF THERE ARE ANY GROUNDS FOR BELIEVING THAT ANY OF THE INFORMATION YOU PROVIDED IS INCORRECT, FALSE, OUTDATED OR INCOMPLETE, BINANCE RESERVES THE RIGHT TO SEND YOU A NOTICE TO DEMAND CORRECTION, DIRECTLY DELETE THE RELEVANT INFORMATION, AND, AS THE CASE MAY BE, TERMINATE ALL OR PART OF BINANCE SERVICES WE PROVIDE FOR YOU. IF WE ARE UNABLE TO REACH YOU WITH THE CONTACT INFORMATION YOU PROVIDED, YOU SHALL BE FULLY LIABLE FOR ANY LOSS OR EXPENSE CAUSED TO BINANCE DURING YOUR USE OF BINANCE SERVICES. YOU HEREBY ACKNOWLEDGE AND AGREE THAT YOU HAVE THE OBLIGATION TO UPDATE ALL THE INFORMATION IF THERE IS ANY CHANGE.BY REGISTERING AN ACCOUNT, YOU HEREBY AUTHORIZE BINANCE TO CONDUCT INVESTIGATIONS THAT BINANCE CONSIDERS NECESSARY, EITHER DIRECTLY OR THROUGH A THIRD PARTY, TO VERIFY YOUR IDENTITY OR PROTECT YOU, OTHER USERS AND/OR BINANCE FROM FRAUD OR OTHER FINANCIAL CRIMES, AND TO TAKE NECESSARY ACTIONS BASED ON THE RESULTS OF SUCH INVESTIGATIONS. YOU ALSO ACKNOWLEDGE AND AGREE THAT YOUR PERSONAL INFORMATION MAY BE DISCLOSED TO CREDIT BUREAUS AND AGENCIES FOR FRAUD PREVENTION OR FINANCIAL CRIME PREVENTION, WHICH MAY RESPOND TO OUR INVESTIGATIONS IN FULL. Source https://www.binance.com/en/terms |
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