In turn, cryptocurrency exchange platforms such as Binance have been feeling the heat across the world as regulators and governments have started to pay close attention to the operations of such platforms in the wake of the global crackdown on crypto.
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SafeMoon investors are also watching and waiting for a major exchange like Kraken or Binance to list their favorite meme coin. If this happens, it will bolster the profile and liquidity of the token and could be a catalyst for gains. So far it trades on Gate.io, BitMart and a few others.
The company has not immediately responded to the BBC's request for clarification.
The Binance Smart Chain (BSC) — a blockchain for decentralized applications (DApps) that is compatible with the Ethereum Virtual Machine (EVM) — is on a meteoric rise based on several metrics.
Chiefly, Binance will no longer permit U.S. passport holders to sign up for its global Binance.com service. That’s according to the company’s updated terms and conditions — “Binance is unable to provide services to any U.S. person” — which were confirmed to TechCrunch by a spokesperson.
Recently, big brands have hopped into the market. This week, fast food giant, Mcdonald's (MCD) created a sweepstakes to give away NFTs of their McRib sandwich while Nike (NKE) filed for a patent, signaling plans to launch digital versions of their sneakers and clothing as NFTs.
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Immediately after the platform went live, Binance.US also launched its Referral Program with a range of rewards being available to the customers and their referees under certain requirements.
Binance.US also offers a large number of trading pairs. This includes options to trade two cryptocurrencies without the need to cash out one for USD, as well as options to trade between crypto and a fiat currency like USD. Different exchanges offer different trading pairs based on the cryptocurrencies they offer.
This company has made different products, including one called “Bitrise Dapp,” a deflationary payment network token that also does well with its price right now.
Bitfury intends to launch a new funding round in the following months, aiming to increase the growth of its mining endeavors with a new microchip design. As such, Brooks will be responsible for establishing the firm among the European leaders in the digital asset industry.
Ripple is also more easily converted than other cryptocurrencies with an in-house currency exchange that can convert Ripple units into U.S. dollars, yen, euros, and other common currencies.
This company has made different products, including one called “Bitrise Dapp,” a deflationary payment network token that also does well with its price right now.
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