Bitcoin is a protocol which implements a public, permanent, and decentralized ledger. Other factors such as market sentiment, regulatory developments, and global events can also impact the price of Bitcoin. Ethereum (ETH), the second-largest cryptocurrency by market cap, is also one of the most commonly used computing platforms. Initially, one could get 2,700 BNB for a single ETH or 20,000 BNB for a single BTC. We’ve got a detailed guide about it, so check out Connecting MetaMask to BNB Smart Chain if you’re interested. BNB is limited to Binance exchange. If you do not complete the KYC process, you may not be able to access all the features on a cryptocurrency exchange. They will require you to enter your Telegram username so that you may receive instant notifications for any orders. You will be guided through a sequence of simple steps to create the wallet. You can access your wallet from top menu on the home page of your Binance account. Important: The wallet address for each coin is different. Many businesses are now accepting Binance coin as a form of payment. There are various use cases of the Binance coin.

However, there is one name that sits a top all of these – Binance. As one of the world-leading blockchain MMO games, League of Kingdoms allows players to build their own kingdoms, join alliances, grow armies, and expand their dominion across virtual NFT lands. Binance also offers a site called LaunchPad for hosting new and emerging blockchain projects and API interfaces. As before, API credentials are optional unless the user data stream is required. Ask in the official Binance API group on telegram. Please understand our intention, and cooperate with us by starting a chat with our official support for us to be able to assist you. Please do note any support requests outside of this thread will not be attended to, thanks for understanding. For example, to withdraw any amount of ether, you will be charged ETH 0.01. For majority of the assets, the withdrawal fee is one-half the minimum amount that can be withdrawn. Still, the fact that the exchange is happy to accept new coins at a much quicker rate than an exchange that trades fiat pairs with strict KYC/AML regulations means that Binance can also rapidly grow its offerings of coins and attract more business.

The H is for hour, and it is marked as 1H which means 1 Hour. Scalping is by no means a beginner’s strategy. He Yi leads business, marketing, and branding strategy at Binance. Once you have deposited some crypto into your Binance account, you are ready to trade. The goal of Binance is to make it easy for crypto traders to trade cryptocurrency on their exchange. 2. Click the Exchange taskbar then choose Basic. If you are a beginner, you should start with Basic. To start trading, users must complete the necessary know-your-customer (KYC) requirements. Unfortunately, while most users in the U.S. Developers are optimistic that it will be easier and cheaper to mine Bitcoin in the U.S. If you don’t want to mine bitcoin, it can be bought using a cryptocurrency exchange. Now that you have created your account, you can begin to use it to trade cryptocurrency. This is because a bigger trade volume translates to a bigger discount.

Limited time offer: Get $10 free once you trade $100 worth of cryptocurrency. Our team works extremely hard to resolve these issues as soon as possible and some cases can take time to resolve but please keep in mind the reason for this is to ensure you, our users, are safe. Your Binance account should be funded before you can begin to perform transactions. This saw them raise $15 million in funding in which was a shrewd and timeous decision taking into account the excitement around ICOs at that time. It is capable of taking care of Stop loss, Take order and Trailing Stoploss. Check out What is a Stop-Limit Order? Since your order is adding liquidity to the order book, you’re a “maker” of liquidity. Even if you’re only getting started in the world of cryptocurrency, there’s a good chance that you’ve heard about the Binance cryptocurrency exchange. Binance is generally regarded as a safe cryptocurrency exchange to use, blog post although there is one event that has damaged the exchange’s reputation for safety. I did a lot of online search for help, and tried to see if there were other people who had any similar experience. As like any part of this nascent space, there needs to be time to grow, innovate, and establish.