India’s crypto sector has been on its own, with news like a complete ban looming around every now and then. Binance has joined the country’s top internet association (IAMAI) in a bid to join the fight to legitimize the industry with its reach and resources. One of world’s largest Cryptocurrency exchange Binance has has joined the crypto-asset exchange committee at the Internet and Mobile Association of India [IAMAI], the association…
Posts tagged as “binance”
FTX Crypto Derivatives Exchange just turned One Year old. Their native token FTT is now trading on India’s WazirX exchange, and WazirX’s WRX token is now available on FTX exchange. What does that mean for Indian users? What products does FTX offer and is it worth trading on? Let us find out. The Beginning FTX exchange launched in May 2019, with the idea of an exchange “By the traders, for…
Binance Broker Partner Program provides order matching services, account management and settlements systems. The partner can earn as high as 60% of the trading fees from users. However, Binance puts some strict conditions to join the program. As the country celebrated the win of Cryptoassets over the Reserve Bank’s Banking ban, Koinfox, India based “intelligent” trading terminal made an announcement on twitter – they were now a Binance Broker Partner.…
Koinfox, the bracket trading platform has upgraded its Pre-order feature for IEO tokens. Koinfox users can now place BAND token Buy/Sell Pre-orders. These orders will be executed as soon as trading goes live on Binance at 5:30 PM IST today. These orders can either be Limit orders or “Conditional orders”. A user on Koinfox can set conditions for Buying or selling BAND tokens. For instance, user can set a condition…
Under the new upgrade, Binance users can share a part of their referral commission with the users they invited to join the exchange. Binance users can earn 20% referral commission, which is 20% of the trading fees paid by their referred users if they hold under 500 BNB tokens. If a user holds over 500 BNB tokens, they earn 40% referral commission. Now, the users can choose to giveaway a…
World’s largest Crypto exchange Binance’s Incubation Program is accepting applications for their Season 3. The program will give companies access to seed investment, mentorship, support and the large Binance network. Binance currently leads the chart in trading volumes for cryptocurrencies, but the company has divested into various programs including an investment arm, charity, secure wallets for crypto and so on. Binance Labs is the venture arm of Binance that incubates…
Major crypto exchange Binance will move from USDT Omni to USDT ERC20 on Thursday, so is WazirX. Other Indian exchanges like Bitbns, CoinDCX, Instashift will follow suit. In an official announcement, to make the switch, Binance says that there is a 30-minute downtime planned for USDT withdrawals and deposits on July 4, beginning at 13:30 IST. After the switch, users will not be allowed to withdraw USDT Omni, however users…
How do you estimate the real trading volume of a cryptocurrency exchange? If you’re thinking – ‘Check the volume on CoinMarketCap’, think again. Determining the real trading volume of a cryptocurrency exchange has proved to be a tougher problem than anticipated, and CoinMarketCap and many other such reporting websites are not able to identify the real volume correctly. After a research report from Bitwise that blew the lid on real…
It has been over 5 days since India’s largest Cryptocurrency exchange Koinex shut down. Users have been moving their funds to different exchanges. We followed the outgoing transactions on XRP and XLM Ledger Following the trail of XRP XRP is undoubtedly one of the easiest cryptocurrency asset to track. All exchanges have one or two addresses and all the users of the exchanges have unique tags. That makes tracking the…
Canadian exchange QuadrigaCX’s CEO Gerald Cotton died while traveling, in December 2018. They later released a statement saying the crypto tokens in their cold wallets – which are maintained to keep the tokens safe from hackers – were not accessible because the keys were with their CEO, and only he had access to them. “Cold wallets, by their nature, are highly encrypted and were kept off the QuadrigaCX server for…