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Binance earns a maximum 10 basis points, or one-tenth of 1% on spot trades, and between 2 and 4 bps on futures. But it offers huge discounts for major customers under its “VIP” program.
The new CEO of Binance is friendly but cautious—a far cry from his predecessor, Changpeng Zhao, who last week agreed to step away from the company he founded as part of a $4.3 billion criminal ...
Do Kwon, the co-founder of stablecoin TerraUSD, is a wanted man in South Korea. As a result, the world's largest cryptocurrency exchange is warning users that it's not responsible for their choice ...
Richard Teng is the chief executive officer (CEO) of Binance, a company that operates one of the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies. Previously, he worked for the Monetary Authority of Singapore and was chief regulatory officer of the Singapore Exchange and CEO of the Abu Dhabi Global Market.
This event would eventually open more opportunities for new capital and new people in this space. [ 156 ] The Department of the Treasury , on 20 May 2021, announced that it would require any transfer worth $10,000 or more to be reported to the Internal Revenue Service since cryptocurrency already posed a problem where illegal activity like tax ...
Binance Holdings Ltd., branded Binance, is a global [9] company that operates the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies. Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high-frequency trading software. Binance was initially based in China, then moved to Japan ...
The digital currency is now more valuable than Mark Zuckerberg's Meta, worth nearly $1.5 trillion, and Elon Musk's Tesla and Warren Buffett's Berkshire Hathaway, worth around $1 trillion each.
An Initial exchange offering (IEO) is the cryptocurrency exchange equivalent to a stock launch or Initial public offering (IPO). An IEO is the process of digital asset (e.g. coins or tokens) procurement through an established exchange for the purpose of raising capital for start-up companies. [1]