Binance Unveils XRP/BNB Trading Pair Now Available on Binance DEX

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Binance Unveils XRP/BNB Trading Pair Now Available on Binance DEX
Binance has made an official announcement that an XRP/BNB trading pair is now open on its decentralized platform Binance DEX and available for trading.
Binance Unveils XRP/BNB Trading Pair Now Available on Binance DEX

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Source: CoinSpeaker

Binance Introduces XRP to Binance Chain and Binance DEX

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Binance Introduces XRP to Binance Chain and Binance DEX
Binance decided to re-create XRP on its own blockchain – Binance Chain, and pegged it to several cryptocurrency pairs on Binance DEX.
Binance Introduces XRP to Binance Chain and Binance DEX

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Source: CoinSpeaker

Binance to issue XRP-pegged token on Binance Chain, Binance DEX

One of the world’s leading cryptocurrency exchanges, Binance has made several major announcements in the past few weeks, ranging from partnerships to tackling regulation and compliance to expanding its global footprint. With several developments in its ecosystem, Binance has now positioned itself as a dominant player in the space. The exchange platform is in the […]
The post Binance to issue XRP-pegged token on Binance Chain, Binance DEX appeared first on AMBCrypto.
Source: AMB Crypto

Crypto Trading: Please Hold My Hand

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Crypto Trading: Please Hold My Hand
There are a few factors that currently stunt the crypto market and recognizing these problems, a new platform called FUMGO presents as a perfect solution to lead new and inexperienced traders to crypto trading expertise.
Crypto Trading: Please Hold My Hand

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Source: CoinSpeaker

Atlético de Madrid Offers Crypto Fan Tokens Through Socios.com

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Atlético de Madrid Offers Crypto Fan Tokens Through Socios.com
After finishing 4th in the UEFA’s Club Coefficients rankings for 2019, the La Liga leaders cheered its fans by joining Socios, voting platform to connect with fans. Atlético became the first La Liga team to join Socios.
Atlético de Madrid Offers Crypto Fan Tokens Through Socios.com

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Source: CoinSpeaker

Binance Highlights on Its Scheduled System Upgrade

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Binance Highlights on Its Scheduled System Upgrade
Binance made an official announcement about its scheduled system upgrade at 02:00 AM (UTC) on 2019/08/15. All services will be suspended during this entire process that may take up to 8 hours.
Binance Highlights on Its Scheduled System Upgrade

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Source: CoinSpeaker

Trust Wallet Launches Multi-Dex Support, Brings Traders Kyber Network’s On-chain Liquidity

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Trust Wallet Launches Multi-Dex Support, Brings Traders Kyber Network’s On-chain Liquidity
Trust Wallet aims to provide users a native wallet experience for multiple decentralized exchanges that give the freedom to choose how they trade and utilize their digital assets with complete ownership of funds.
Trust Wallet Launches Multi-Dex Support, Brings Traders Kyber Network’s On-chain Liquidity

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Source: CoinSpeaker

Binance Successfully Concluded Its Mainnet ’Galileo’ Upgrade

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Binance Successfully Concluded Its Mainnet ’Galileo’ Upgrade
Binance has reported the successful completion of scheduled Binance Chain Mainnet ‘Galileo’ hardfork upgrade that took place at block height 20,300,000.
Binance Successfully Concluded Its Mainnet ’Galileo’ Upgrade

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Source: CoinSpeaker

AMA with CZ Binance: Plans for Binance Futures, Smart Contracts and Visa Card

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AMA with CZ Binance: Plans for Binance Futures, Smart Contracts and Visa Card
At Binance’s 2nd anniversary’s AMA, Changpeng Zhao spoke about the extension of their 25% trading fee discount and the team’s commitment of BNB allocations to the token burn. Also, he announced testing of Binance Futures and providing Binance Visa card.
AMA with CZ Binance: Plans for Binance Futures, Smart Contracts and Visa Card

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Source: CoinSpeaker

Binance Joins Forces with Paxos for a New Deposit Gateway

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Binance Joins Forces with Paxos for a New Deposit Gateway
Binance and Paxos have entered a collaboration to integrate a new deposit gateway on Binance.com. It will significantly facilitate fiat-to-PAX exchanging procedures.
Binance Joins Forces with Paxos for a New Deposit Gateway

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Source: CoinSpeaker

StableUSD Becomes the First Stablecoin Listed On Binance DEX

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StableUSD Becomes the First Stablecoin Listed On Binance DEX
StableUSD, a stablecoin created by Seattle-based venture-capital backed startup Stably, has just become the first stablecoin listed on Binance DEX.
StableUSD Becomes the First Stablecoin Listed On Binance DEX

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Source: CoinSpeaker

Will Binance’s ‘Short Term Pains’ Prove Worthy of ‘Long Term Gains’ for US Citizens

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Will Binance’s ‘Short Term Pains’ Prove Worthy of ‘Long Term Gains’ for US Citizens
Even though Binance currently gets approximately 15% of traffic from U.S. customers, they announced that they will stop serving US individual and corporate customers on Binance.com in September.
Will Binance’s ‘Short Term Pains’ Prove Worthy of ‘Long Term Gains’ for US Citizens

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Source: CoinSpeaker

Trust Wallet Now Fully Supports Binance DEX

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Trust Wallet Now Fully Supports Binance DEX
Initially being Ethereum-only wallet, and then making the transition over to a multi-currency wallet, there appears to be nothing that stops the team at Trust Wallet. Now the platform proudly announces long-awaited integration of Binance DEX.
Trust Wallet Now Fully Supports Binance DEX

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Source: CoinSpeaker

Binance DEX faces criticism over geo-blocking users; Magical Crypto Conference’s Whale Panda and others weigh in

Binance DEX received a lot of attention recently due to the sheer number of projects being listed on it. Moreover, the rise in the popularity of these projects and the price of tokens prompted popular proponents of the crypto-verse to opine on the matter.
A new update from Binance DEX geo-blocking users has once again attracted criticism over how it could affect the collective market.
However, like BitMEX, Binance’s rules can also be easily overcome by using a VPN, raising questions over the ‘decentralized’ nature of the exchange.
Whale Panda tweeted:
“Reminder that it was never a DEX so stop calling it a DEX. It’s just a word they used to pump $BNB, it was never meant to be decentralized.”
Hasu, another prominent, but anonymous user commented:
“Doesn’t non-custodial solve like 95% of issues that centralized exchanges have?”
The comment suggested the use of Arwen, however, CZ replied:
“try Arwen and let us know how the experience compares.”
According to the update, Binance’s decentralized exchange would start geo-blocking 29 countries, similar to the rules being adhered by other centralized exchanges, like BitMEX.
Vladislav Ginko, a Twitter user, commented:
“Complying with biased US regulations based on WH obsession that US sanctions introduced without any US court decision must be complied everywhere in the world, not only in USA. looks not only that such crypto exchange is not decentralized but it abides unlawful restrictions.”
The topic of discussion was still hot and an official response from Binance is awaited. As suggested by The Block, this move could be connected to “the SEC charging the founder of decentralized exchange EtherDelta with operating an unregistered securities exchange in November. Binance theoretically could not prevent anyone from issuing a security token”.
A Reddit user, mycryptotradeacount, defended the exchange’s move:
“Binance has never claimed that their exchange was goung to be fully decentralised, even CZ tweeted about this a few times saying that it is not going to be a DEX.”
The post Binance DEX faces criticism over geo-blocking users; Magical Crypto Conference’s Whale Panda and others weigh in appeared first on AMBCrypto.
Source: AMB Crypto