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    Home » Binance

    Binance News and Updates

    Binance is the world’s leading cryptocurrency exchange in terms of the trading volume between 2017 and 2019. Initially launched in China, the company moved its headquarters in Malta. It is believed that the move was in order to avoid severe regulatory hurdles.binance-coin-logo-png-transparent

    The exchange was launched back in 2017 by Yi He and Changpeng Zhao (CZ). The latter is also the CEO of the company and one of the most prominent people within the entire cryptocurrency community.

    Binance has managed to develop into something a lot more than merely a trading platform. In fact, it provides an entire ecosystem where users can trade, invest, and even earn interest on cryptocurrency they stake.

    One of the more exciting developments for Binance was the Launchpad, which gave birth to a new phenomenon in 2019 called Initial Exchange Offerings (IEOs). Unlike traditional Initial Coin Offerings, IEOs saw the cryptocurrency exchange do a serious due-diligence prior to listing the coins for trading on their very own platforms. Almost all of the major exchanges followed in the footsteps of Binance.

    Earlier in 2019, Binance also introduced a dedicated Bitcoin futures platform, in addition to margin trading. The volume quickly picked up and surpassed that of the main spot exchange.

    Moreover, the exchange launched its native cryptocurrency called Binance Coin (BNB). The exchange is doing a lot to ensure its utility. Traders can use it to enjoy reduced fees; it’s also the only cryptocurrency accepted for IEO investments on Binance Launchpad, and so forth.

    Binance is also considered to be one of the safest exchanges out there. It has introduced the Secure Asset Fund for Users (SAFU). The exchange allocates 10% of all of the trading fees to that fund, to provide its clients with protection in extreme cases. The funds there are stored in a separate cold wallet.

    Recent Binance News

    DeFi Explosion: Binance DeFi Index Hits ATH as Total Value Locked Eyes $25 Billion

    DeFi Explosion: Binance DeFi Index Hits ATH as Total Value Locked Eyes $25 Billion

    Jan 18, 2021 11:55 Jordan Lyanchev

    DeFi keeps booming as Binance's DeFi Composite Index sees a new all-time high record while the TVL eyes $25 billion.

    Read More »
    Binance Coin Approaches ATH as 14th BNB Burn to Happen in 48 Hours

    Binance Coin Approaches ATH as 14th BNB Burn to Happen in 48 Hours

    Jan 17, 2021 18:06 George Georgiev

    Binance Coin is approaching its ATH value as the 14th quarterly BNB token burn is expected in less than 48

    Read More »
    Binance Partners With Orbs Blockchain to Launch a DeFi Accelerator

    Binance Partners With Orbs Blockchain to Launch a DeFi Accelerator

    Jan 11, 2021 17:00 Jordan Lyanchev

    An Israeli blockchain startup and Binance have partnered to launch a new initiative aiming to support new projects within the

    Read More »
    $1.5 Billion Liquidations in 24 Hours as Bitcoin Price Recovers

    $1.5 Billion Liquidations in 24 Hours as Bitcoin Price Recovers

    Jan 8, 2021 12:22 George Georgiev

    Around $1.5 billion in both long and short positions were liquidated in the past 24 hours. The largest single-order liquidation

    Read More »
    Binance Records New ATH of Daily Trading Volume Above $80 Billion

    Binance Records New ATH of Daily Trading Volume Above $80 Billion

    Jan 4, 2021 20:42 Anthonia Isichei

    The 24-hour trading volume on the spot and derivatives arms of Binance has exceeded $80 billion, charting a new all-time

    Read More »
    Binance US To Delist Ripple Following The SEC Lawsuit: XRP Plunges Below $0.2

    Binance US To Delist Ripple Following The SEC Lawsuit: XRP Plunges Below $0.2

    Dec 30, 2020 20:47 Jordan Lyanchev

    The number of cryptocurrency exchanges delisting Ripple’s native digital asset following the SEC charges has grown as Binance US joins

    Read More »
    Polkadot (DOT) Surges 60% Weekly as Binance Announced a $10M Support Fund

    Polkadot (DOT) Surges 60% Weekly as Binance Announced a $10M Support Fund

    Dec 30, 2020 13:11 Jordan Lyanchev

    Binance established a $10 million fund to support projects employing the Polkadot network. A week later, DOT's price has surged

    Read More »
    Binance Launches European-Style Bitcoin Options: Traders Can Issue Their Own Contracts

    Binance Launches European-Style Bitcoin Options: Traders Can Issue Their Own Contracts

    Dec 28, 2020 13:51 Jordan Lyanchev

    Binance announced the launch of its latest product - European-style Vanilla Bitcoin Options that have to be settled on the

    Read More »
    DeFi Token 1inch Spikes 1000% in Christmas After Binance Listing

    DeFi Token 1inch Spikes 1000% in Christmas After Binance Listing

    Dec 26, 2020 03:09 Felix Mollen

    1inch went from from $0.2 to $2.60 in hours after Binance started supporting it. If it's not enough, a trader

    Read More »
    Argentina: An Explosion of New Crypto Users is Flooding the Ecosystem

    Argentina: An Explosion of New Crypto Users is Flooding the Ecosystem

    Dec 22, 2020 04:36 Felix Mollen

    The financial crisis in Argentina is having a positive effect on Bitcoin. Every day, more and more people sign in

    Read More »
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