Cryptocurrencies saw a mild uptick in prices after the US Federal Reserve raised its benchmark lending rate by 25 basis points to a range between 5.25% and 5.5%. Bitcoin gained 0.67% to $29,429, while Ethereum was above the $1,850 level. Every Ethereum node runs on the EVM to maintain consensus across the blockchain. In this example, we want to trade our Bitcoin (BTC) for Ethereum (ETH). How to buy Bitcoin (BTC) on Binance? As an example, you could create a plan to buy 100 EUR worth of Bitcoin on the first day of every month. First of all let's talk charts. Thanks to its support for bank transfers and credit/debit card purchases, Binance is now a suitable platform for users that don’t own any crypto yet, and would like to make their first investment. The fees for credit/debit card purchases are up to 2%. This method of purchasing cryptocurrency is very convenient, but more expensive than a bank transfer. Binance’s trading fees are competitive with other major https://youtu.be/R3cAiXZI2Is cryptocurrency exchanges. Named by combining the terms ‘binary’ and ‘finance,’ Binance is the fastest growing exchange for trading bitcoin, alt-coin, and other ass
The CoinDesk Bitcoin Price Index (XBX) is the world’s leading reference for the price of bitcoin, used by the largest institutions active in crypto assets. The metric is derived from dividing the total value of all digital assets in circulation by the market capitalization of Bitcoin. As of writing these lines, Binance Coin is the eighth largest cryptocurrency by market cap, with a market share of almost $3 billion. Danish is a seasonal writer with more than six years of technical writing experience. For more details of Binance’s fees, head over to Binance’s fee schedule page. Binance’s Smart Chain is used to generate a limited supply of 100 quadrillions of Catcoins. Binance’s contracts are perpetual contracts, which means they don’t have an expiration date and can theoretically be held indefinitely. The exchange’s futures contracts are denominated in the USDT stablecoin, which is pegged to the US dollar. On Binance, you can also buy cryptocurrency with a credit card or debit card, trade futures contracts with leverage, participate in token sales and lend out your cryptocurrency to ear
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Binance gives its users the option to buy cryptocurrency with their credit/debit card. Now, you can buy Grumpy Cat crypto. You can buy many different cryptocurrencies through this feature. Of course, the most important feature provided by Binance is the ability to exchange between different cryptocurrencies. BNB gives you access to the platform's in-house matching engine, which can process up to 1.4 million orders per second when you trade on the exchange. How to margin Trade on Binance? Special 2020 Offer: As a partner of Binance, CryptoPotato readers can receive a 20% discount on all Binance spot and margin trading fees by using this link to register a new account, this is a limited-time promotion. Binance also offers more advanced features such as margin and futures trading. One of the most useful features that Binance has introduced is Recurring Buy. BNB is one of the most traded currencies on Binance and is the payment method of th
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You will find the list of all traded coins on that page. Then choose your desired currency from the list. Make sure you do deposit only the specific currency to its wallet; otherwise, it can result in complete loss of the funds. Also, you can use our simple Bitcoin calculator and estimate the value of the exact amount of Bitcoins and other cryptocurrencies. Litecoin is an offshoot of Bitcoin and their halvenings, designed to reduce the amount of new coin supply entering circulation, occur about every four years. Important: The wallet address for each coin is different. What is Binance Coin (BNB), and what is it used for? If you are trading for high volumes on Binance, you should consider holding BNB. Binance has created its own native cryptocurrency - the Binance Coin, with the symbol BNB. Bitcoin devotees will tell you that, like gold, its value comes from its scarcity-Bitcoin’s computer algorithm mandates a fixed cap of 21 million digital coins (nearly 19 million have been created so far). Once your funds arrived, or if you have a positive balance of any base-asset like Bitcoin, Ethereum, or USDT, you can start your cryptocurrencies shopping. For holding BNB, you will receive an extra 10% discount on Binance trading fees (make sure to enable this option if you like).