Exchange

Photo by Esmonde Yong on UnsplashPhoto by Esmonde Yong on Unsplash Who in the crypto-verse hasn’t heard of Binance? They are a well-known cryptocurrency exchange–the largest exchange in the world in terms of daily trading volum. Binance has previously acquired many regional exchanges around the...

Major cryptocurrency exchange FTX, recently received a virtual asset license from Dubai regulatory authorities. The platform is also planning to establish its regional headquarters in Dubai. FTX Gets Dubai Virtual Asset LicenseFTX continues its expansion into the Middle East, with the platform's European division, FTX...

Binance Unveils BifinityBinance announced the news of the launch in an official press release on Monday (March 7, 2022), which was established in 2021. The cryptocurrency exchange giant said that merchants will be able to seamlessly integrate Bifinity's application programming interface (API) to enable their...

The company made an equity investment in MX Global, the largest regulated digital asset trading platform in the country. Previously, Binance was forced to discontinue its operations in the country due to the lack of licenses to provide its services. During 2021, Binance attracted quite...

Prosecutors Label BitMEX a Money Laundering ExchangeAccording to a press release by the United States Department of Justice (DOJ) on Thursday (February 24, 2022), Hayes and Delo violated the BSA by "willfully failing to establish, implement, and maintain an anti-money laundering (AML) program at BitMEX."...

Forget ‘Netflix and Chill’, now it is the time to 'Crypto and Chill' in paradise. Indonesia’s leading crypto exchange, Tokocrypto (backed by Binance), has recently launched Asia’s First Crypto Hub and Education Epicenter, T-Hub, in Bali, Indonesia, which aims to take crypto education to the...

Binance, the world’s largest cryptocurrency exchange by trading volume, recently announced that it is making a $200 million investment into Forbes. The move came as a surprise to many, both inside and outside the crypto industry. The investment will make Binance one of the biggest...

Servicing Japanese CustomersThe news of the acquisition was announced via a press release on Wednesday, February 2. In addition to Liquid, FTX also acquired the exchange's subsidiaries, including Quoine. Quione became one of the first cryptocurrency exchanges to obtain a license from Japan's Financial Services...

Founded in 2017 by Changpeng Zhao, Binance grew to be the biggest cryptocurrency exchange in the world. However, in 2021 the United States Department of Justice along with the Internal Revenue Service began investigating the exchange on allegations of money laundering and tax offenses. The...

483 Accounts Affected by Hack IncidentAccording to an update released on Thursday (January 20, 2022), Crypto.com revealed that an unauthorized breach on the platform led to a loss of 4836.26 ETH, 443.93 BTC, and about $66,200 worth of other crypto assets. The loss of assets...

Simplifying NFT PurchaseCoinbase announced the news of the partnership via a blog post on Tuesday (January 18, 2022). customers of the cryptocurrency exchange would be able to buy nfts on the platform’s upcoming nft marketplace with card payments. While the NFT sector continues to see...

A Possible Cryptocurrency Exchange in ThailandThe Gulf Energy Development announced the agreement between its subsidiary Gulf Innova and Binance in a letter written to the Stock Exchange of Thailand on Monday (January 17, 2022). According to the energy company, the collaboration with the exchange giant...

The DAI Yield ProductAccording to the exchange, the service would be a new way for their clients to put their DAI to work, earning a decent yield of between two and six percent. Users who participate in this program can still access their DAI stablecoin...

The Metaverse has been enjoying speedy growth recently. Companies like Microsoft, Roblox, Nvidia, Apple, Facebook, Autodesk, Amazon, and others joined or are planning to enter the Metaverse. Adidas, one of the largest fashion and style companies, is among the platforms that recently joined the Metaverse....

With many exchanges littering the crypto industry, it becomes an onerous task to choose the best. Beyond choosing the best exchange, you may also want to invest in exchange-listed tokens, and there is no better place to do that than directly from the exchange itself....

Coinbase, the largest US crypto exchange by daily trading volumes, made an announcement on January 13th, revealing the acquisition of the FairX derivatives exchange. With the new exchange under its wing, Coinbase seeks to enter the derivatives trading markets. The announcement revealed Coinbase’s intention to...

CZ is a Bona Fide Crypto MogulAccording to a Bloomberg report, Zhao's worth is about $96 billion, as estimated by the Bloomberg Billionaire Index. Meanwhile, CZ's worth could be much higher, considering that the Binance CEO's personal crypto holdings were not taken into account. Zhao's...

The decision was made in order to reflect the company’s core mission, which is to accelerate the global adoption of digital currencies. Over time, the exchange grew and developed a robust series of products, including crypto debit cards, a decentralized version of its service. However,...

According to Coinbase, there has been an "explosion of incoming capital." It currently has $20 billion in assets under custody, $14 billion of which was accumulated since April. Coinbase’s Head of Institutional Coverage, Brett Tejpaul said "I joined in April this year, at that time...

What is OKEx Exchange?OKEx is a leading Malta-based cryptocurrency exchange that provides investors with access to hundreds of cryptocurrencies and futures trading pairs. The exchange has been around since 2017 and currently has a large trader-base, with millions of dollars in trading volume. This means...

Despite this uncertainty, Singaporean-based exchange Coinstore has started operations with the launch of a web and app dedicated to Indian users. Coinstore co-founder Jennifer Lu revealed that more than 15% of cryptocurrency transactions in India occur on its exchange. This metric is a major factor...

Binance, the largest cryptocurrency exchange platform, has had a rough year in terms of regulatory approval. However, the exchange is now closing the year with a piece of good news after the CEO, Changpeng Zhao, confirmed that it had obtained two critical licenses. The exchange...

Despite the market-wide meltdown, decentralized exchange (DEX) volumes have been soaring, owing to DeFi, which continues to amaze with billions of dollars entering this new economy. Growth Experienced By DEXDespite having a low volume compared to the other DEXs, OpenSea was one of the fastest-growing,...

Whether you’re a long-term investor in Bitcoin or an active crypto trader, your first agenda should be to use a safe and secure exchange to ensure the safety of your funds and investment. Cryptocurrency exchanges enable customers to trade and exchange digital currencies and cryptocurrencies...

Uniswap Labs, the team behind the world’s largest DEX Uniswap, has just released some important updates. The batch of advancements has brought in new features, many of which will enhance the user experience of those using the platform. The new version of Auto Router is...

A Local Crypto Exchange Platform in IndonesiaAccording to a press release, the partnership between Binance and MDI aims to broaden the blockchain ecosystem in the country. To support the development of the Indonesian crypto exchange, Binance will provide infrastructure and technology. The latest development comes...

Gemini Looking to Hire New APAC LeadAnonymous sources familiar with the matter revealed Ng's departure from the APAC region of the U.S.-based cryptocurrency exchange and custodian. However, there are no reasons why Ng left his position, with no official statement yet from Gemini or the...

The product will give its enterprise clients the ability to access digital assets like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ethereum Classic (ETC), Bitcoin Cash (BCH), and, of course, Ripple (XRP) from a variety of sources, including exchanges, market makers, and over-the-counter (OTC) trading desks....

From the BeginningThe idea of blockchain is to build a thorough system whose records are immutable, making it impossible for any party—righteous in real life or not—to cheat the system. Blockchain is all about trustlessness. To achieve these ideals, any blockchain-reliant project anchors on the...

The rise of cryptocurrency coincides with the general disruption of tech in finance. Fintech platforms are rapidly increasing the reach of banking services and introducing unparalleled efficiency. Revolut has carved a reputation based on its one app for all things money. Now, Revolut is looking...

Binance Singapore has announced plans to withdraw its application for a license allowing it to operate in Singapore. As a result, Binance will phase out Singapore users from the platform by February 13, 2022. With Singapore having one of the most progressive crypto regulatory frameworks,...

Binance Seeking Greater Crypto Adoption in IndonesiaAccording to Bloomberg, Binance is discussing with PT Bank Central Asia (BCA), owned by Indonesian billionaire brothers Michael and Budi Hartono, and PT Telkom Indonesia, the largest telecom operator in the country, about establishing a local cryptocurrency exchange. The...

A landmark achievement where it became the first cryptocurrency company to go public, coupled with an unprecedented bull run, had set the company on the path to a $2.2 billion dollar revenue in Q2 2021. Third Quarter EarningsThe third quarter however did not come with...

The crypto markets witnessed huge mainstream interest during the 2017-18 bull run, followed by 2020-21, and look primed to grab attention from the mainstream audience once again in the coming months. Traditionally Bullish Time of YearA major reason to be bullish during the upcoming few...

MAS Suspends Bitget Over Controversial Token According to the Financial Times, MAS has halted Bitget from carrying out operations in Singapore. The regulatory body suspended the license amid a dispute between the exchange and an agency representing BTS. The matter began in October when Bitget...

Binance, the largest cryptocurrency exchange platform by trading volumes, is moving towards the UK market again. This comes after the exchange faced a regulatory crackdown by the Financial Conduct Authority (FCA) earlier this year. Binance has faced several regulatory crackdowns lately. The several bans on...

Huobi Chooses Singapore, Plans Further Expansion to Europe in 2023The news was revealed by Huobi's co-founder Du Jun, according to a report by Bloomberg on Tuesday (Nov. 30, 2021). Jun noted that Southeast Asia was an attractive market for cryptocurrency businesses due to the fact...

Some Dogecoin traders on Binance, the largest cryptocurrency exchange platform, have been having a hard time making their withdrawals. This glitch started after the Dogecoin network announced that it would be having updates, which led to some users receiving Dogecoin that was not theirs, and...

The US recently passed the Infrastructure bill that subjected crypto brokerage firms to tax reporting requirements. The United Kingdom seems to be following in these footsteps with the digital services tax. The digital services tax is an addition to Her Majesty’s Revenues and Customs (HMRC)...

BiographyChangpeng Zhao, otherwise known as CZ, is a Chinese-Canadian business director and the creator and CEO of Binance. Binance is the third-largest cryptocurrency by market capitalization after Bitcoin and Ethereum. Apart from his role in Binance, Zhao has become a social media personality in the...

The bulk of exchanges have a centralized structure. In the crypto space, they are known as CEXs — short for centralized exchanges. These trading platforms have a central governing system and are run like a proper company, with regulatory compliance and know-your-customer services. Users are...

The Spanish market regulator, National Securities Market Commission (CNMV), has issued a warning to legendary soccer star Andres Iniesta for promoting cryptocurrency investments, stating that such investments are risky. Iniesta recently advertised Binance, the largest cryptocurrency exchange platform on his social media handles. Iniesta is...

The richest man in the world, Elon Musk, has criticized Binance over its latest issues regarding withdrawal limits on Dogecoin. Dogecoin is Musk’s favorite cryptocurrency, and this latest admission shows that he is still in support of the meme coin. The recent remarks by Musk...

Binance not Relenting on Improving Relationship with Global RegulatorsSpeaking in an interview with the Financial Times, which was published on Tuesday (Nov. 23, 2021), Binance CEO Changpeng Zhao revealed that it sought out investment for sovereign wealth funds, in order to boost its standing with...

The exchange attends to over 30 million users daily, with over 350 coins available for trading. Spot trading, futures contracts trading, margin trading, and p2p trading are all available on Binance. The exchange also has a Liquid Swap feature for quick swapping of coins, a...

This is probably best highlighted by the fact that since the start of 2021, the total capitalization of this yet nascent sector has risen from around $770 million to over $2.8 trillion, thus representing a growth of around 300%. Not only that, over the past...

Binance, a cryptocurrency exchange founded in 2017, has grown to be one of the largest exchanges in the world. It offers trading for more than 190 crypto-assets and provides its coin known as BNB (Binance Coin). He saw an opportunity for a new exchange with...

The CEO of Binance, Changpeng Zhao, has announced that he only holds Bitcoin and Binance Coin in his investment portfolio. Zhao stated that the Bitcoin in his portfolio was bought in 2014, during the cryptocurrency's early years. Zhao noted that Binance Coin made the largest...

The Shiba Inu community has been eagerly waiting for a listing of the token on a major cryptocurrency exchange. After the listing of the token on Robinhood failed to pay off despite a petition collecting more than half a million signatures, it now seems like...

The co-founder of Coinbase Global, Brian Armstrong, has announced that its non-fungible token business operations will be bigger than its cryptocurrency business. Coinbase had earlier urged users to sign up to the NFT marketplace that has since seen millions of users join its waitlist. Armstrong...

In recent months, Ethereum gas fees have hit staggering highs locking some users out of DEX swaps. But as Ethereum remains exceedingly behind schedule with the implementation of ETH 2.0 and a host of other technical upgrades, a host of other platforms termed as "Ethereum...

FeesBoth Kraken and Binance use a maker-taker fee structure system, which allows them to charge very low fees. At first impression, Kraken's fees appear to be lower than Binance's; Kraken charges up to 0.26 % on every trade, whereas Binance charges up to 0.10 %....

It provides crypto users with market information and descriptions for cryptocurrencies that get traded on its platform. Shiba Inu joined the bandwagon of cryptocurrencies added on the Coinbase platform for trading. The crypto community is wondering why better cryptos are not getting added to Coinbase...

While Ethereum is addressing some of these issues by providing solutions such as the Ethereum 2.0 upgrade expected to happen next year, DeFi is slowly moving from Ethereum towards other networks such as Tezos. The blockchain is becoming popular with DeFi because, unlike Ethereum, it...

Over the past five days, the stock prices have been on a sharp decline, and while it is showing some slight signs of recovery, there is still strong resistance preventing any significant uptrend. Robinhood Accounts Dealt Major Blow The decline in Robinhood shares has been...

Founded in Hong Kong in 2017, Binance has since not had a physical address. Its most crucial focus is on altcoin trading and offers crypto trading in more than 500 crypto coins. In the wake of China's strict crypto regulations, Binance moved its headquarters to...

Binance and KuCoin are two leading centralized crypto exchanges. Binance, the largest exchange by trading volume, boasts an impressive 28 million users from around the globe. KuCoin, on the other hand, has a more modest memberbase compared to its rival platform, possessing around 12 million...

Huobi Global, a major cryptocurrency exchange that provides service to users in mainland China has announced that it will be ceasing all operations this year. About HuobiIn 2013, Huobi global was formed by Leon li; the crypto exchange was founded in Beijing. Huobi's response to...

One of such apps is Robinhood. When Robinhood got into the stock-trading scene seven years ago, it promised to introduce a commission-free trading system. This was considered impossible. Seven years down the line, many brokerages have implemented a similar fee structure to remain competitive. Although...

In a Thursday announcement, the CEO noted that the high number of users on the waitlist shows that cryptocurrencies are becoming more important to users on the trading app. Speaking to CBNC during the Disruptor 50 Summit, Tenev stated that, “We’re proud of our cryptocurrency...

As the crypto adoption rates keep skyrocketing globally, the interest among people to register on crypto exchanges is also rising. However, some of them face strong barriers such as geolocalization restrictions, higher deposit requirements, expensive trading fees, among other factors. One of them is the...

Other than Binance, there are several other exchanges, including Kraken, Coinbase, Coinbase Pro, Huobi, EToro, OKEx, KuCoin, Robinhood, among others. Despite the length of this list, Binance remains the most desirable exchange crypto trader, let's review why. Why Binance is still the best crypto exchangeBelow...

The platform, which recorded massive growth in both users and trading volume amid the DeFi boom, reported that its decision was fueled by growing regulatory scrutiny in the crypto-asset industry and the need to measure up with regulatory demands. Uniswap StatementA statement published on its...

Understanding LiquidityThere are many definitions of what liquidity is. In the crypto context, it usually comes down to how much cryptocurrency you can buy or sell without significantly affecting the price. Really, if every Bitcoin holder decided to cash out everything, that would most certainly...

In an announcement made on Tuesday, the second-largest cryptocurrency exchange stated that it had opened a waitlist to allow users to mint, collect, and trade NFTs. Moreover, the exchange has stated that people who want to be early participants in this marketplace can sign up...

Binance has said that that it would discontinue some products available to its clients in South Africa. South Africa Joins the ListThe cryptocurrency exchange announced the news via a press release on Friday (October 8, 2021). According to the announcement, Binance users in South Africa...

Though the exact details of the probe remain unknown, the Wall Street Journal reported that the U.S. top watchdog is seeking further information on how the Uniswap exchange is marketing its offering and how investors use it. The SEC also wants Uniswap Labs, the developer...

The agency is a menace for shady crypto projects, often sending chills down the spine for those who might have misled U.S. investors. From EtherDelta, Kik, Telegram, Tether Limited, the list goes on and on. Currently, a tussle between the agency and Ripple Labs—the minters...

In the world of cryptocurrency exchanges, there are two names that constantly keep appearing in the spotlight due to their importance for the cryptocurrency market. These are Binance, the biggest exchange by trading volumes, and Coinbase, a regulated, user-friendly experience for cryptocurrency newbies. These two...

Volatility for investors represents unexpected ups and downs in the prices of cryptocurrencies. However, unlike in the stock market, the volatility of the crypto market is higher. The volatility that investments normally experience is perceived as the normal wave-like movement that the values of assets...

According to an announcement posted a few hours ago, the vast Coinbase user base will now receive their paycheck in cryptocurrencies. Get Paid in CryptoThe new “Get Paid in Crypto” feature offered by Coinbase will allow users to receive their payments in cryptocurrencies. Some of...

Finally, crypto wallets and exchanges can advertise using Google ads. But it's not the Wild West yet. These crypto businesses must be registered with Financial Crimes Enforcement Network (FinCEN) or a state or federally chartered bank entity. This new policy came into force on August...

In a post on Twitter, Netflix stated that the documentary would be dubbed "Trust no One: The Hunt for the Crypto King." Documentary to Look into Cotten's DeathThe synopsis of this documentary shows investigators, who were previously investors at QuadrigaCX, taking the initiative to investigate...

The Hong Kong-based cryptocurrency exchange Crypto.com has been experiencing significant growth in terms of daily volume, setting its tone as one of the major crypto exchanges in the sphere globally. Its daily volume surpasses the $4,727,386,896.57 figure as of press time, which at the same...

Most of the time you may not be able to buy XRP directly with fiat currency. Luckily, you can buy XRP with other cryptocurrencies such as Bitcoin and stable coins. We're going to cover the top 5 places to buy XRP with fiat, stable coins,...

The troubles of the leading cryptocurrency exchange, Binance, are far from over. This year, the exchange has been at the center of various controversies with regulatory bodies in multiple countries. These regulatory concerns have also led to some payment providers cutting ties with the exchange....

In our world today, humans and businesses interact and transfer value using government-backed fiat currency. The use of these fiat currencies for both local and cross-border transactions helps to grow the economy and shape the country’s financial system. Counos platform adopts this idea to build...

U.S. cryptocurrency exchange Coinbase made headlines in August when it scooped up Zabo, a Dallas-based startup that lets users see the overall perspective of their investments in one place by connecting data across multiple venues. Zabo's API is similar to those offered in the mainstream...

A Progressing Crypto Exchange Despite its lack of services like Binance, Poloniex still offers the standard quality service expected from a centralized exchange. The platform’s ownership change in 2019 is one of the reasons why it is progressing more and offering better services than before....

Forgive my butchering of that line from Hamlet, but to answer the question, it is “to centralize.” When trying to make a prediction, especially one of this sort, odds are the prediction that accounts for the human desire for ease is the surest bet. Centralized...

Decentralized exchanges (DEX) platforms that offer conversion between different crypto assets. Its use does not depend on a central organization, relying exclusively on smart contracts registered in the blockchain. DEX emulates the functions of traditional exchanges, although usually without the "Order book" with prices and...

Key Points FTX hits 900 million in a Series B funding roundThe company has hit an $18 Billion valuationThe company plans to expand its activities to include an NFT marketplace. Raising the Funding Bar FTX raised its valuation in a Series B funding round that...

The Crypto wild wars have not ended. The Clampdown of Cryptocurrency mining and activities has spiraled out of control. Crypto exchanges are not spared too. So, Binance, one of the crypto space's leading exchanges, is getting the fiercest hit. The Uk has joined a long...

Recently, even the world’s largest crypto exchange by volume, Binance, announced plans to launch a brand new marketplace for new digital assets, naming it Binance NFT. Binance Expanding Operations Of course, I would hardly call this surprising, given that Binance has jumped on every trend...

The cryptocurrency industry is a large one and there is a lot required to keep it running. There are many factors that influence the industry and exchange platforms are a great example. Exchange platforms are responsible for the trading and swapping of digital assets across...

We’ve all seen some price discrepancies on regular spot trading markets. Ethereum can reach a $20 gap between exchanges, but that usually doesn’t last long as market makers and arbitrage desks have bots specifically designed to profit from that. Therefore, it is unusual to find...

Gemini Exchange’s Crypto Custody Doubled - Reaching $25BAttracting institutional investors has been one of the oldest goals of the entire cryptocurrency industry, and I am sure that we are all glad to see that that dream is slowly coming true. Institutions have been buying digital...

Take Binance as an example. The world's largest crypto exchange, according to volume, added SushiSwap (SUSHI) quite early last year, and it was first praised for being inclusive of the emerging DeFi sector, only to be criticized for jumping the gun when people thought that...

However, the exchange's volume recently exploded with the launch of Coinbase options. I had seen how big of an impact Coinbase had on the crypto industry when its IPO came to be. Crypto prices skyrocketed, both Bitcoin and Ethereum went higher than ever before, and...

To start trading in cryptocurrencies and other digital assets, you need to register with an exchange platform. Some of the best cryptocurrency exchanges include: Top Cryptocurrency Exchanges Coinbase and Coinbase Pro Coinbase is the most popular cryptocurrency exchange platform in the United States. It also...

Investors should rate cryptocurrency exchanges as rigorously as any other institution offering– financial services. You cannot trust any exchange from the Google banner, just as you cannot place all your savings in the first bank you come across. What is a crypto exchange? A cryptocurrency...

The Financial Services Commission (FSC) stated that crypto exchanges that do not meet the set regulations will be made to pay fines henceforth. “Financial institutions and VASPs will be subject to penalties if they are […] in violation of internal control duties,” the commission stated....

If you’re looking for the perfect cryptocurrency exchange for your needs, join us as we explore the top 5 exchanges in the market today. Coinbase Coinbase needs no introduction in the world of cryptocurrency. The largest exchange in the U.S. was established in 2012 and...