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Binance - The Empire of the Rising CryptosCryptocurrencies accepted here.


 ▹ Crypto Exchanges - Conventional / Posted 4 years ago / 1086 views

Is Binance truly the Empire of the Rising Cryptos? Let’s listen to the exploding number of the human population chanting about the empire online without any sign of getting tired:

? “Binance Comes Out Swinging, Quickly Becomes King of Crypto Trading Volume.

❣️ “Before these recent events unfolded, Binance gained a reputation for thwarting hacking attempts, and in general being a positive contributing member of the crypto community, offering up hacker bounty programs, donating to charities, and much more.”

? “The story of what Binance CEO Changpeng Zhao has been able to accomplish a little under two years has been nothing short of incredible. Having launched in July of 2017 amidst stiff competition from well-established rivals and a feverishly bullish market driven by Bitcoin hype, rather than pose a challenge for Zhao, the combination was a catalyst for wild success.”

? “A new data visualization designed by Blocktown Capital, shared via Twitter, shows Binance’s incredible journey to the top through the growth of cryptocurrency trading volumes across top exchanges in the crypto market.”

? “Crypto Chronology: Watch the Rise and Dominance of Binance Unfold.”

? “Binance seemingly can do no wrong in the eyes of the crypto community. While many exchanges are spoken of with a negative connotation, Binance is loved by most. The firm recently launched its own blockchain, and its native crypto token Binance Coin has been among the most successful investments in the space throughout the year.”

? “In a new data visualization making its way around social media platforms, it shows the growth of trading volumes across top exchanges since the beginning of 2017. It also demonstrates just how rapid Binance’s rise to the top has been.

? “Binance is the most popular exchange platform in the world of cryptocurrencies, This platform has many features that make it famous and wonderful for many investors who trade in cryptocurrencies.”

? “Together, along with valiant ethics, clear transparency, brilliant leadership, and sound business strategy, Binance has grown to become a force to be reckoned with in the crypto industry.”

? “Binance Coin (BNB) Nears ATH After Exchange Makes Several Bullish Announcements.”

? “I really like CZ’s moves in market. I think BNB will become 2nd big coin after BTC in a short time. BNB will reach 100 dollar in shortest time.”

? “Binance also has among the largest varieties of altcoins, has its own launchpad program for new projects, which saw strong interest with the launch of the BitTorrent Token. Together, along with valiant ethics, clear transparency, brilliant leadership, and sound business strategy, Binance has grown to become a force to be reckoned with in the crypto industry.”

❤️ “The video shows that Bitfinex had once enjoyed a comfy number one spot throughout most of 2017. It’s not until December when Binance really explodes onto the scene, and rockets past most competitors. It was the Bitcoin bubble peak and the following capital outpouring into altcoins seeking “the next Bitcoin” that made Binance an interesting proposal, but it was Changpeng Zhao’s vision, leadership, and connection with the cryptocurrency community that’s helped his company solidify a position as a leader in the market.”

Since Binance appeared on the horizon a few short years ago, these sorts of tributes and admiration for Binance and CZ is not only endless but exploding rapidly, and it is amazing to be a witness to. Now let's investigate deeper into ? CLICK TO TWEET…the Empire of the Rising Cryptos to witness a historic sight.


Binance’s name is a combination of ‘binary’ and ‘finance’. In addition to serving as an exchange, Binance also serves as an incubator for projects related to blockchain technology. Users can invest in projects that want to be financed through the Binance platform.

Binance is a global cryptocurrency exchange that opened in China in July 2017 but moved to Japan prior to the Chinese government ban on cryptocurrency trading in September 2017. Later on, due to stricter regulations in Japan and other countries, Binance finally found their current headquarter in Malta, now the hub of blockchain and cryptocurrency. The founders are Chinese Canadian Changpeng Zhao (趙長鵬) and He Yi. Binance accounts for the top three crypto exchanges in the world and supports 16 major languages. Users of Binance can trade 168 different cryptocurrencies without special restrictions or bans with about 15 million Binance - King of Crypto Trading Volume other users worldwide. Recently, when a large number of users suddenly gathered, with 500,000 people joining a month, the server became unstable and eventually stopped. Of course, Binance took the steps needed to quickly resolve the technical emergency and reinforce their systems and equipment, but this is a good example of how Binance’s popularity has exceeded imagination. Recently the company moved its headquarter to Malta and average daily trading values have grown to over $2.8 billion.

Binance operates the Binance Global Exchange, as well as four regional markets including Binance Uganda, Africa, Binance Jersey in Europe and UK, Binance Singapore in Asia, and Binance US. October 2019 to the beginning of 2020 was the first complete quarter that our American companion Binance.US was live. Daily buying and selling volumes on Binance.US have been on an upward trajectory, and among the various exchanges within the Binance ecosystem, Binance.US presently has the third-highest volume. Fiat-to-crypto exchanges along with Binance.US, which includes fiat onramps on Binance.Com and region-specific associate exchanges in Singapore, Australia, Uganda, and Europe/U.K. (via Binance Jersey), also make major contributions to BNB application.

BNB – Binance Coin

Binance’s own coin, Binance Coin (BNB), is a coin issued for use on exchanges, used as a key currency on Binance exchanges, and those who use Binance Coin (BNB) to pay their exchange fees can benefit from fee discounts.

BullxoNet twitter winter bird gifBinance buys Binance Coin (BNB) every quarter by investing 20% of the exchange's profits. The coins purchased are incinerated until a total of 100 million of the 200 million Binance Coins (BNB) issued are incinerated. ? CLICK TO TWEET Therefore, as the circulation volume of coins decreases, the price range of the same demand is more likely to increase. Binance is also preparing for Binance Coin (BNB) to be utilized for ICOs and other related business purposes. Binance Coin was designed as the platform’s gas tariff system with the release of Binance Chain, a blockchain platform. Binance Coin has also been secured in various ways. Game and Entertainment fields such as Machi X, Play Game, Gifto, Loom Network, Payment fields such as PundiX, BayPay,, Finance grounds such as Etherland, Moeda, and Nexo, Travel Industry such as Travel By Bit, Tripio, and Wallet applications such as Leisure Wallet, Engine Wallet, and Garuda Wallet have joined Binance Coin in the ecosystem.

BNB – 2nd biggest burn in USD terms

List your crypto business for free10th Binance Coin (BNB) Burn on Jan. 18, 2020 – As of the 10th quarterly BNB Burn for the period of October to December 2019, Binance burned 2,216,888 BNB, equivalent to 38.8 million USD worth of tokens. CEO of Binance Changpeng Zhao discussed BNB’s value amidst the fast-paced growth of the Binance ecosystem. This burn, which represents activity across Binance spot, margin, and futures exchanges, as well as the various solutions, divisions, and partners that used BNB from October to December 2019, permanently took about 38.8 million USD worth of BNB out of circulation. This is the 2nd biggest burn in USD terms and the 3rd largest burn in BNB terms. Moreover, the USD value of the BNB burn grew for the fourth consecutive quarter.

Binance Academy

Binance Academy provides blockchain and cryptocurrency related educational contents. Binance Academy aims to spread knowledge about blockchain and cryptocurrency potential, allowing users to freely suggest new topics they want to learn, and to create and share content with Binance.

Sub-account feature

This feature is for institutional investors and is useful for companies that want to set up multiple trading accounts within an organization and control access at the account level. The master account retains sole control over the movement of assets from multiple sub-accounts. In addition, different levels of control can be set for up to 200 sub-accounts. The operator of the master account can see all the data and balances, and the transfer of funds between accounts, while the sub-account operator does not have access to these functions. The master account also allows companies to cancel trading orders in other sub-accounts.


BCF – Blockchain Charity Foundation

Binance, who is also interested in charitable support, has launched a blockchain-based Uganda refugee relief project and a Malta patient support project. It raises funds for public interest through the Blockchain Charity Foundation (BCF), a blockchain charity fund of Binance. BCF uses blockchain technology to provide both real-time financing and execution history online to provide transparency and reliability for the public interest. Even before the establishment of BCF, Binance has been using the blockchain for public relief work.

Binance founded the Blockchain Charity Foundation (BCF) to address the charitable foundation's biggest issue, trust in donation delivery. The Blockchain Charity Foundation (BCF) is a non-profit organization that contributes to the... ? CLICK TO TWEET ….development of the blockchain charity business for sustainable global development. The foundation aims to innovate philanthropy by helping with blockchain technology to end all forms of poverty and inequality and to develop the world’s first decentralized charitable foundation. The Foundation’s vision is to refresh modern philanthropy through innovation He Yi and BCF – Blockchain Charity Foundationin decentralized technology for efficient delivery and transparency. In addition, the blockchain tool will be introduced to build a basic data infrastructure for the value of transactions based on the digital authority and community that is authorized by the blockchain. As such, Binance supports blockchain solutions that open new, automated and transparent paths for charity, promoting blockchain donations and expanding charitable activities to free one billion people of the lowest layer from poverty. BCF’s approach to sustainable decentralized development is as below.

When it comes to charitable acts, few are more meaningful than feeding children. In Uganda, the issues of war, famine, and AIDS create dangerous living conditions. Here, a 3rd of the population lives below the poverty line, and children are the first victims of this desperate economic situation.

Binance recently launched its blockchain answer to tackle hunger and access to primary education. The Lunch for Children campaign is soliciting for one BNB to supply a lunch program for kids who need your help. Contributing can provide a month’s worth of food for a toddler in remote African areas. Without that some are going to be...… CLICK TO TWEET …..forced to abandon their basic education.

BCF – Make the difference

? The 50-Cent Dream: How Blockchain Brings Uganda’s Children Back to School – Binance Blog

? Here are the stories of 3 kids from Uganda, the World Health Organization still pursue their dreams with the assistance of simply fifty cents and a blockchain-powered donation platform.

BCF – The Solution

The collaboration between Binance Charity and Dream Building Service Association can select schools that serve poor children, and choose reliable food suppliers. Donations created will head to the crypto wallets of children’s parents or legal guardians, who will then use the funds to pay food suppliers.

This system is a true-life example of how blockchain is revolutionizing the charity sector. The verified audit path of transactions deals with problems associated with a lack of transparency and accountability. The foundation can collect monthly reports from the school, and supply updates on how the project is progressing. All of that ensures your donations are creating a real difference.

Binance Labs

Binance Labs is an organization that wants to start, invest in and empower blockchain and cryptocurrency entrepreneurs, projects and communities. What they do is attract entrepreneurs and projects, invest directly, and collaborate with other industry partners. Support entrepreneurs through funding, market entry strategies and token models and distributions, technology reviews and talents. Investment focus includes public blocks, decentralized exchanges (DEX), wallets and payments, dapps, and ATS / Security token platforms. Binance Labs’ goal is to solve the most important issues in the ecosystem and transform the world into a better place.

Binance Research

Binance Research analyzes and discloses various contents including funding status, road map, team member composition, and trading history, including white papers of individual blockchain projects. It aims to increase the transparency of the cryptocurrency ecosystem and improve the quality of information. The team is comprised of people from diverse backgrounds and experiences, including blockchain engineering, investment banking, strategy consulting, academic research and data science. Binance Research works to publish institutional research reports on binance-research-the-largest-crypto-investorspecific digital assets and market topics. It produces detailed, unbiased reports for investors to gain a comprehensive and more transparent understanding of cryptocurrency projects. It also provides market research which promotes the development of market insights, trends, and regulations for the cryptocurrency industry. The advantage of Binance Research is that it has direct contact with senior management on the project team. The second is strategic insight, which provides details on commercial and market entry strategies. Third is proprietary data, which helps with accurate use cases and adoption metrics. Fourth, with transparency, we can see a proven token economy, governance and planning. Finally, the code overview provides an overview of the progress of the private code development. The first report, Room Network and GoChain’s analytical report, has been published on its homepage, with additional Pudi X available. Binance Research’s report will include a fair and reliable analysis of the blockchain project. In the meantime, thousands of blockchain projects have raised funds from investors, but some have been found to be ‘Snatch and Run’ or lacking credibility, leading to distrust of the market. Binance Research plans to provide accurate information to investors to create a cryptocurrency ecosystem that can be invested in reasonably.

Binance Wallet

The cryptocurrency wallet offered by Binance is a secure wallet for Ethereum, ERC-20, and ERC-223 tokens. It is secure; the private key is stored locally, protected by many layers of security, and is ERC-20 compliant. It also fully supports ERC-20 and ERC-223 tokens on the Ethereum network. Wallets are used anonymously and protect your access information. It also works seamlessly with Binance DEX, allowing you to trade instantly on distributed exchanges.

Secure Asset Fund for Users (SAFU)

your-funds-are-safu-with-binanceBinance halted its trading service due to hacking attacks. This experience led to the creation of the Secure Asset Fund for Users (SAFU) in preparation for hacking attacks in the future. SAFU, which is created by earning 10% of transaction fees, is used to compensate victims when a hacking attack becomes an issue. It was used to compensate for the 7,000 BTC stolen from users during the 2019 Binance hacking incident.

OTC transaction service

The weakness of the cryptocurrency market in January 2019 has reduced the volume of transactions made on cryptocurrency exchanges, while the demand for OTC, where parties directly trade cryptocurrencies, is increasing. Binance launched its OTC service in January. Over-the-counter trading is a type of ‘face-to-face’ trading in which users meet and trade cryptocurrencies. Compared to the exchange computer network that divides and handles transactions at different times, it can handle large transactions at once and keep trade secrets. In particular, Binance offers a competitive advantage in that it can proceed with OTC transactions using its existing Binance account. The service is aimed at users with a real-name account of Binance Level 2 or higher and a transaction record of 20 bitcoin or higher. It can also be used without a separate wallet address.

Binance Jersey

Binance is accelerating its global business and is setting up an exchange that is linked to legal currencies around the world. Binance Jersey, which is responsible for Europe, was founded on the British island of Jersey. Binance Jersey supports the British pound (GBP) as well as the euro, the European key currency. The Brexit uncertainty is likely to offer many financial opportunities for the British who are struggling with uncertainty. Jersey Island is an area that is open to blockchain and cryptocurrency and is optimized for establishing exchanges. Currently, major cryptocurrencies such as Bitcoin and Ethereum can be traded, but in the future, Binance is planning to increase the trading range for various cryptocurrencies as well as Bitcoin and Ethereum.

IEO platform

The IEO, also known as the Cryptocurrency Exchange, is a fund-raising window. Binance unveiled the famous blockchain project in January 2019, brokered the token sale, and introduced the IEO platform ‘Binance Launchpad’, which was subsequently listed. This is a platform for Binance to discover promising blockchain projects and buy cryptocurrency of the project with Binance Coin (BNB). In fact, Binance also stressed that projects are screened more carefully than existing listing processes. In particular, they carefully check whether they have long-term sustainability, rich experience, past value creation cases, and original values when selecting projects. All three projects on the Binance Launchpad in 2019 were successful, and BitTorrent Token (BTT), the first project of Binance Launchpad, was completed in 13 minutes and 25 seconds based on the sales of Binance Coin (BNB). Recently, IEO has been used as a platform for discovering promising projects around the global cryptocurrency exchange. In the case of Huobi Global, it launched the cryptocurrency project brokerage platform ‘Huobi Prime’ in March 2019, and the first project, ‘TOP Network’ (TOP), was completed in seven seconds.

Binance Dex

Binance Dex is an exchange based on Binance Chain, Binance’s own blockchain platform. Binance Chain has no smart contracts, but instead focuses on token issuance and asset trading, and Binance Dex serves as a decentralized trading platform for major listing of such tokens. Trust Wallet, the best mobile app wallet for cryptos Binance Dex is not available in 29 countries, and the prohibited countries are the United States, Albania, Belarus, Bosnia, Burma (Myanmar), Central African Republic, Democratic Republic of Congo, North Korea, Ivory Coast, Ukraine Crimean Autonomous Republic, Croatia, Cuba, Herzegovina, Iran, Iraq, Kosovo, Lebanon, Liberia, Libya, Macedonia, Moldova, Serbia, Somalia, Sudan, South Sudan, Syria, Venezuela, Yemen, Zimbabwe. Meanwhile, the relevant community has questioned whether Binance Dex with the Binance chain is correct to use DEX, which means decentralized exchange, and Changpeng Zhao, CEO of Binance, said it is an exchange operated on a blockchain.

Accident & Hack Case – Trading over Viacoin

Binance’s Viacoin “VIA/BTC” price rose 100 times in 2 minute on March 7, 2018, 14:58-14:59 (UTC). Victims of the case experienced issues such as closing of transactions that they did not request. Binance’s automatic risk management system was triggered and all withdrawals were halted immediately. This was a portion of a large scale phishing and stealing attempt that took place earlier. Attackers attracted users by creating fake phishing sites that mimicked Binance since January 2018. It seems that hackers had created an API code that allowed them to trade in external applications.

Since then, hackers focused on accumulating API keys for a large number of accounts for about two months, and between 14:58 and 14:59, they used the accumulated API keys to convert all accounts to BTC, then to buy VIA. As the order of Viacoin was gathered, the price rose by 10,000%, and hackers distributed the previously accumulated Viacoin to 31 accounts and sold them at a huge premium. Recognizing this unusual price rise, Binance Exchange said it had blocked the withdrawal. Also, Viacoin, which was previously deposited by hackers, was frozen and the hackers lost the coins. Binance said it took steps to recover the hacking victims’ damages in this case.

Accident & Hack Case – Trade over Syscoin (SYS)

On July 4, 2018, an abnormal transaction of Syscoin (SYS) was made through the accounts of hacked users. At the time, Syscoin was trading at about 15 cents, but traded at about 96 BTC ($600,000), up 3.84 million times, and 10,000 bitcoins worth of transactions took place. Upon finding the anomaly, Syscoin asked all exchanges to stop trading, and Binance removed all existing APIs on July 5 to prevent irregular trading. At that time, the damage amounted to 7000 BTC, and the hacker escaped from Binance’s hot wallet.

There were many views that the abnormal transactions of Syscoin were linked to the case of Syscoin wallet hacking. Three weeks before the discovery of the Syscoin anomaly, Syscoin’s GitHub development team’s account was hacked and a Syscoin wallet deprivation incident occurred. The main opinion was that hackers who secured such a large number of stolen Syscoin would have to take the Binance API to manipulate Syscoin price to maximize the payoff.

Binance implemented API resets and rollbacks after aborting, providing a zero trading fee to Victims’ Accounts as hacking damage compensation, and a 70% discounted fee to other users. This incident triggered the creation of ‘Secure Asset Fund for Users (SAFU)’ that would receive 10% of the total transaction fee revenues of Binance.

Accident & Hack Case – Binance hacking events in 2019

Binance suffered a security breach on May 8, 2019. Binance reported that there was no problem in management related to the takeover of 7,070 Bitcoin worth $40 million in the recent hacking. The hacker attacked wallet…. ...was a hot wallet with a total of only 2% of Bitcoin held by Binance and other wallets were safe from attack. After the hack, Binance suspended all its withdrawals internally, and the stolen funds were financed using the SAFU fund. ? CLICK TO TWEET Binance resumed withdrawal after a week-long inspection period.

Weizhou, Binance Chief Financial Officer (CFO) said, “There is no loss of the user’s assets, and also the SAFU fund has been well managed in preparation for this type of situation.” SAFU, the Secure Asset Fund for Users is an emergency insurance fund. On the 3rd of July, 2018, Binance announced the Secure Asset Fund for Users: “To protect the future interests of all users, Binance will create a Secure Asset Fund for Users (SAFU). Starting from 2018/07/14, we will allocate 10% of all trading fees received into SAFU to offer protection to our users and their funds in extreme cases. This fund will be stored in a separate cold wallet.”

Binance was robbed of 7,070 bitcoins on the 7th. Changpeng Zhao Binance Chief Executive Officer said, “The hacker has obtained a lot of information such as user application programming interface (API) keys and two-factor security authentication (2FA) code and used various hacking techniques including phishing”.

Binance, however, said that the hacking damage was about 2% of the exchange’s bitcoin, and it is not a level of concern. The loss was covered by a SAFU Fund that collects 10% of the total transaction fee revenue. A Binance official said, “Binance burns its own cryptocurrency Binance Coin (BNB) every quarter using 20% of its total revenue. In the first quarter of this year, we burned BNB worth $15.6 million.” Binance has incinerated BNB seven times up to the first quarter of 2019.

It also raises the level of security to prevent the recurrence of similar cases in the future. Weizhou CFO added, “In addition to the SAFU Fund, we will stockpile investments and strengthen security from a medium to long term perspective.”

Separately, the plan is to keep track of hackers to recover the damage as much as possible. A Binance official said, “We are tracking the stolen path of Bitcoin. I will not give up the possibility of recovery.”

Alliance – Trust Wallet

Trust Wallet Acquisition – Binance acquired the Trust cryptocurrency wallet in August 2018. Trust Wallet was launched in November 2017 and successfully recruited a large number of users along with popularity due to the thorough safety features the wallet provides. The founder and CEO of Trust Wallet is Viktor Radchenko.

Alliance – Uplive

On December 28, 2017, Binance partnered with the video platform Uplive. Uplive aims to bring BNB into the cryptocurrency wallet on the platform and make it commercially available to users by Gifto (GTO), an existing Uplive virtual currency, by the first quarter of 2018. Gifto, short for virtual gift protocol, began as the Binance Launchpad’s first project and quickly spread through Binance’s new token sales curation platform. This is the first large-scale collaboration between the two areas of virtual currency and traditional mobile platforms.

Alliance – Malta Stock Exchange

On September 12, 2018, the company entered into an alliance with Malta Stock Exchange to build a securities token trading platform. Through transparent cryptocurrency regulations, Malta is becoming a global hub for blockchain technology. Through this cooperation, MSX, a digital subsidiary of Binance and Malta Stock Exchange, is expected to break new limits and create new opportunities... ? CLICK TO TWEET ….with the combination of traditional financial assets and blockchain technology through securitization tokens.

Alliance – Decentraland

Binance and Decentraland signed a partnership on December 05, 2018. Through this partnership, Binance has created an opportunity for self-issued BNB coins to be used for purchase and settlement of real estate in virtual space. We can expect that Trust Wallet, a cryptocurrency wallet between BNB and Binance, will be widely used in the virtual world through a strict agreement with Decentraland, a blockchain-based virtual reality (VR) project.

Alliance – Credit card use

From late 2019, Binance launched cryptocurrency trading services using credit/debit cards. Binance directly accepts all major credit and debit cards. They also support Visa and MasterCard credit/debit card transactions in collaboration with other card payment gateway services including Koinal and Simplex, which empose higher transaction fees. With all these services, you can currently buy 5 types of cryptocurrencies; Bitcoin (BTC), Binance Coin (BNB), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). Binance predicts that this service will increase access to cryptocurrency purchases, allowing Binance users to use blockchain more securely and easily.

P2P Crypto Trading Platform – New Binance P2P mobile apps

Binance has launched a Peer-to-Peer (P2P) trading system for the Vietnamese dong (VND). Vietnam-based Binance users will now directly purchase and sell major cryptocurrencies with VND through the newest versions of the Binance P2P mobile apps. The four supported cryptocurrencies are Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and also Binance Coin (BNB), the firm aforementioned during a handout on Jan. 20, 2020.

BullxoNet twitter winter bird gifVietnamese Dong is the second currency on the new Binance P2P trading platform after the Chinese Yuan (CNY). Binance debuted its P2P trading with Yuan in October 2019, making China the world’s very first jurisdiction to enjoy... ? CLICK TO TWEET …..Binance’s peer-to-peer trading for Bitcoin, Ethereum and USDT against its fiat currency. As Binance P2P is offered solely in China and Vietnam to date, the service is going to be gradually expanded to feature a number of countries over the course of 2020, the handout notes. Binance… .. CEO Changpeng Zhao mentioned within the press release: “Binance is committed to providing our world users with a lot of convenient fiat gateways and simple ways to access cryptocurrency, ? CLICK TO TWEET...and our P2P service aims to lower the barriers to entry to the crypto world. We are happy to introduce fiat-to-crypto P2P trading services to Vietnamese users to flexibly trade cryptocurrency at low costs.” ? CLICK TO TWEET Additionally, Zhao reiterated Binance’s bold plans to expand fiat-to-crypto access on Binance for users in over one hundred eighty countries so as to attain their mission of “freedom of money.”

the empire of the rising cryptos binance

P2P Crypto Trading Platform – Why the P2P trading service is important

The plan of P2P cryptocurrency exchanges is to provide direct trading between participants without the need for a trusty third party or escrow to process the trades. As such, P2P trading is a crucial facet of decentralization and is typically operated and maintained solely by code that frees users from trading fees that are much higher beyond trading fees of conventional cryptocurrency exchanges and also from the chance of getting scammed by dishonest cryptocurrency buyers. P2P cryptocurrency trading is especially vital in China due to the country’s hard stance towards crypto, as well as the ban on crypto-to-fiat trading and initial coin offerings within the country back in 2017. Meanwhile, Vietnam continues to be working on cryptocurrency regulation. As of late March 2019, there was no legal framework for cryptocurrencies in Vietnam.

I believe all the information in this article above has opened up the Binance Empire to you and given you an in-depth understanding of what it brings to the world. Let us know what you think of this listing by rating and commenting down below.

  • As of: : 2020/01/28
  • ? LANGUAGES : ✪ Bahasa / Bahasa, ✪ Simplified Chinese / 简体中文, ✪ Traditional Chinese / 繁體中文, ✪ Dutch / Nederlands, ✪ English, ✪ French / Français, ✪ German / Deutsch, ✪ Indian / भारतीय, ✪ Korean / 한국어, ✪ Polish / Polski, ✪ Portuguese / Português, ✪ Russian / Русский, ✪ Spanish / Español, ✪ Turkish / Türkçe, ✪ Ukrainian/Українська, ✪ Vietnamese / Tiếng Việt
  • ? ALEXA RANK : 1810
  • ♻️ INVESTMENT PRODUCTS : ✪ Margin, ✪ Futures, ✪ Options, ✪ Staking, ✪ Lending
  • ? MOBILE APPS : Yes
  • ? FEE DISCOUNT PROGRAMS : Discount 25% of all exchange fees if BNB is used as a fee payment currency.
  • ? ACCEPTED FIAT : ✪ China Yuan Renminbi (CNY) ¥, ✪ US Dollar (USD) $, ✪ Viet Nam Dong (VND) ₫
  • ? FIAT PAYMENT METHOD/GATEWAY : ✪ MasterCard, ✪ P2P, ✪ SWIFT (Overseas), ✪ Visa Card
  • ♻️ AVERAGE DAILY TRADING VOLUME : US$2,852,591,354
  • ? TRADING FEES - MAKER : 0.1% or less
  • ? TRADING FEES - TAKER : 0.1% or less
  • ? OWN MAINNET : Yes. 'Binance Chain Mainnet' was launched in April 2019 and public access and BNB mainnet swap began at 2019/04/23 2:00 AM (UTC)
  • ☔️ LEGAL, USER PROTECTION, SECURITY & SAFETY FEATURES : ✪ Identity Verification, ✪ Anti-phishing Code, ✪ SMS Authentication, ✪ Two Factor Authentication (2FA), ✪ Universal 2nd Factor (U2F), ✪ Whitelist Address Management, ✪ Suspicious Account Activity Monitoring, ✪ Recently Logged In Info Records - Time, IP, City, ✪ SAFU (Secure Asset Fund for Users) / Any Type of Segregated Fund for Similar Purposes
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