Genevieve Phillip спросил 2 года назад
Leading crypto asset bitcoin briefly dipped before recovering to trade 0.3% firmer at $26,601 after crypto exchange Binance said it was suspending dollar deposits and would soon pause fiat currency withdrawal channels following a U.S.
Securities and Exchange Commission crackdown.
This month the SEC sued Binance, the largest crypto platform, and Coinbase, the largest U.S. crypto platform, saying they operated as exchanges without registering with the agency.
(Reporting by Jonathan Stempel in New York; editing by Jonathan Oatis)
Many investors also tend to turn to bitcoin in times of uncertainty, considering it a relatively safe haven among crypto assets, and this time is no different.
Bitcoin’s share of the cryptocurrency market rising to 47.6% from 45% prior to the lawsuits, according to data tracker CoinMarketCap.com.
There are chances that the price fluctuations may either boost their portfolios or can go short.
These features have made this kind of trading as one of the most preferred options among crypto enthusiasts. Futures trading offer the unique opportunity to the traders to earn profits regardless of the market’s direction. On Binance Futures trading platform, the traders can go long or short with leverage to reduce risks or seek profits in the volatile crypto market. By going long, the trader is buying a futures contract with an expectation that it will rise in value in future.
And, conversely by going short, the trader will bet on prices to decline in future.
The Hong Kong Monetary Authority’s (HKMA) comments were in response to a Financial Times report which said lenders including HSBC and Standard Chartered were facing pressure from Hong Kong’s central bank to take on crypto exchanges as clients.
On the other hand, manual trading can only analyze crypto and market conditions by going through them one by one.
And, there are chances that you could miss out many important trades, but a trading bot can perform trades more efficiently. The best trading bots can analyze the market conditions well, and execute trades whenever there is room for earning profits.
U.S.
regulators sued the world’s biggest cryptocurrency exchange this week, alleging Binance inflated trading volumes and diverted customer funds among other claims. (Reporting by Lewis Jackson; Editing by Jamie Freed)
In addition, traders also stand to access all the information about the trading activity as well as all trades processed in the platform. Conversely, one can track performance and understand all the trades executed in the past.
Crude oil remained on the back foot after a report that the United States and Iran were close to a nuclear deal, although denials from both parties kept it off the previous session’s lows.
Last week, Binance was sued by the U.S.
Securities and Exchange Commission, which listed 13 charges against the company, Zhao and the operator of its purportedly independent U.S.
The payment includes $1.17 million of refunds to 4,691 investors, which may be reduced if they withdraw crypto assets during a specified 90-day period, plus a $626,000 fine.
Earlier this month, Wall Street’s regulator, the Securities and Exchange Commission, pressed a raft of charges against Binance, the world’s biggest cryptocurrency exchange, and US-based Coinbase.
«We have seen quite a significant increase in trading companies that are looking for a model to still be able to trade on exchanges, whilst being able to safeguard their capital,» said Stephen Richardson, 现货交易 managing director at Fireblocks.
Some exchanges may look to de-list the tokens in question. The lawsuits expand the overall number of cryptocurrencies that the SEC has explicitly identified as securities.
That raises questions about other exchanges that have also allowed U.S. investors to trade those tokens, such as Kraken, Gemini, Crypto.com and Okcoin, and whether they could be at risk of regulatory action, industry executives said.
PaxFul is another cryptocurrency exchange platform based on the USA. Paxful have started in the year of 2015 which allows you to perform, simple, fast and secure crypto trading process.
This platform supports more than 300 payment methods and got restricted in various countries.
Binance did not immediately reply to a request for comment. It has said it would «defend our platform vigorously,» saying the SEC was limited in reach as Binance was not a U.S.
exchange.
The integration of the IEO launchpad into a cryptocurrency exchange platform like Binance will increase the possibility of higher income because the exchange owner will ultimately make more money.
After all, the IEO launchpad facilitates the token sale of new coins for a set amount of time and stands out from the other listed coins.
