Are Kraken and Binance a good cryptocurrency exchange?
I'm considering investing in cryptocurrency and am looking for a reliable exchange platform. I've heard of Kraken and Binance, but I'm not sure if they are trustworthy and offer good services. Are Kraken and Binance good cryptocurrency exchanges?
Why did Binance become the largest cryptocurrency exchange in the world?
Binance became the largest cryptocurrency exchange in the world due to its rapid growth, cornering much of the crypto trading market. However, this growth was also partially attributed to the crimes it committed, which resulted in one of the largest corporate penalties in US history. Despite facing legal issues, Binance's size and reach in the crypto industry remain unparalleled.
Is coinzoom a regulated cryptocurrency exchange?
I am wondering if CoinZoom is a cryptocurrency exchange that is subject to regulatory oversight. I would like to know if it operates within a legal and compliant framework that ensures safety and transparency for its users.
How to convert one coin to another in Binance?
I am trying to convert one type of cryptocurrency to another in Binance, but I'm not sure how to do it. I need step-by-step instructions on how to make this conversion happen within the Binance platform.
Why is Binance banned in NY?
Binance, a leading cryptocurrency exchange, has been banned in New York due to regulatory issues. The New York Financial Services Department ordered Paxos, the stablecoin issuer for Binance's BUSD, to stop minting the stablecoin because of unresolved supervisory issues related to Paxos' relationship with Binance. Additionally, Binance has faced legal challenges from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), which have accused the exchange of violating securities rules and operating illegally in the U.S. These regulatory and legal issues led to the ban of Binance in New York.