Binance is a cryptocurrency trading platform founded by Changpeng Zhao, a software developer who had previously been working on high-speed matching systems for the Tokyo Stock exchange.
During its ICO, Binance quickly sold out its token sale allocation, raising $15 million over a three week period. Following this, the platform’s high-speed trade matching engine and rapid addition of new digital assets lead to an explosion in adoption, as Binance became the go-to exchange for the bulk of cryptocurrency traders.
Despite being one of the more recent exchanges released, this growth quickly saw Binance become the world’s most popular cryptocurrency exchange, easily eclipsing competing exchanges in terms of trade volume.
Part of its success can be attributed to its unique fee structure, allowing traders to reduce their fees significantly by paying them in BNB, the platform’s native utility token. Besides this, fees can be reduced to as low as 0.015% if VIP 8 membership is achieved.
On May 21, 2019, Binance Coin (BNB) reached an all-time high (ATH). On the same day, Tron (TRX) validated the resistance line of its current trading pattern. However, TRX was ...
At BeInCrypto, we publish regular price analyses and predictions for the most relevant and popular cryptocurrencies and digital assets. For our most recent prediction of BNB, keep reading below, or ...
At BeInCrypto, we regularly conduct technical analyses of several cryptocurrencies including Bitcoin, Ethereum, XRP, and many others. Based on our May 20 analyses, we were able to develop one short ...
Tron (TRX) and Binance Coin (BNB) both initiated upward moves on May 10. However, TRX reached a high on May 16 and began to decrease. BNB, on the other hand, ...
Tron (TRX) and Binance Coin (BNB) have both initiated upward moves within the last few days. However, after reaching their respective resistance areas, swift reversals ensued. Will the gains continue ...
Tron (TRX) and Binance Coin (BNB) have both initiated upward moves within the last few days. While this may be catalyzed by Bitcoin's recent surge to over $8000, these coins ...
Tron (TRX) and Binance Coin (BNB) are back at it again. Which has the most profitable trade setup? A look at current short- and long-term trading patterns alongside an analysis ...
Recently, Binance suffered a hack with 7000 BTC being stolen from its hot wallets. In a new statement, the exchange outlined the security changes it has instituted which will hopefully prevent this ...
On May 7, the unthinkable happened. Binance was hacked. Over 7,000 bitcoins were stolen from the hot wallet. This amounted to a possible $40 million. While the Binance #SAFU funds ...
In this article, we compare the price movements and technical indicators of both Tron (TRX) and Binance Coin (BNB). Our goal is to discover possible trade setups in both. This allows ...
Coming off the end of an extensive bear-period, it can be difficult to track which cryptocurrencies are a hot prospect and which are likely duds. Most of us have, at some ...
According to FedEx's CIO, international shipping is ready for the blockchain. Additionally, Binance founder Changpeng Zhao tweeted that the shipping giant should consider trading its token on the Binance DEX ...
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