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Binance issues cease and desist notice to "Binance Nigeria Limited"

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작성자Leandra 작성일 23-07-06 조회수 8회

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"It could fundamentally hinder their ability to gain funding from the U.S," said Lucas Kiely, chief investment officer of digital investment platform Yield App, adding this would likely impact the onboarding of developers and users.

If you are a novice trader and don't know much about grid trading and how to set a grid trading bot for Binance, you may consider a third-party crypto trading platform like CryptoHopper or TrailingCrypto. These platforms can make the trading process easier.

The grid trading bot on the Futures market is more suitable for those who prefer perpetual futures trading.



Even under the new legislation that was recently approved by the lower house of Kazakhstan's legislature, businesses are required to pay higher fees for licences and purchase power via centralised auctions. Because of this, the cryptocurrency mining industry has to pay taxes like the value-added tax, the corporate income tax, and the power consumption tax, which is expected to go up by a factor of ten starting in January 2023.



FRANKFURT, June 29 (Reuters) - German regulators have told Binance they will not grant it a cryptocurrency custody license, a person with direct knowledge of the matter said on Thursday, the latest in a string of setbacks for the world's biggest cryptocurrency exchange.

binance referral (simply click the following internet site) denies the charges. Securities and Exchange Commission this month sued Binance and its CEO Changpeng Zhao over what the regulator called a "web of deception" to evade U.S. Binance has come under pressure from regulators around the world.

The U.S.

Since then, the digital asset market has seen a high-profile bankruptcy of crypto exchange FTX and lawsuits from the U.S.

securities regulator against Binance and Coinbase Global.

Using a grid trading bot allows you to configure the trade settings manually, which can impact not only your profitability, but may also impact your risk level. For example, you may opt to choose the strategy that helps you yield small but steady profits with small profits, or you can choose to go for bigger stakes and deferred returns.

But with grid bots, the losses you will take don't necessarily involve manual treatment, and therefore also your risk management will be less prone to your sentiments which play a role in the decision-making process.

This kind of order plays well in variable/changing markets where the price can go in different directions. OCO order comes with an automation feature combining a limit and stop limit order.

This way, the traders can automate their positions exits by placing OCO in two instances of taking profits and realizing losses. With its automation feature, it helps traders to place trades automatically without watching the market trends continuously.




June 16 (Reuters) - Cryptocurrency infrastructure provider Wyre is winding down, feeling the pinch of dwindling interest in a market that was once hailed as the next frontier of finance.

The Dutch Central Bank (DNB), which registers financial service providers in the Netherlands said it had previously warned the company it was operating in the Netherlands without proper registration, and then fined it for the same reason in January.

Grid trading is a useful feature of Binance that can help traders to automate the crypto trading process of trading futures contracts.

With this, you can place as many buy or sell orders as you want and realize the profits within the predefined price range. Grid trading is when the orders are placed above and below the set price, creating a grid of orders at decreasing and increasing prices.

There have also been around a total of 90 interest rate hikes this year by central banks globally versus just 17 cuts.

If last year's rate actions are also added, it comes to just over 470 hikes, compared to 1,202 cuts since the global financial crash in 2008.

Binance.US and Coinbase Global are the latest crypto exchanges to come under scrutiny after the U.S.

Securities and Exchange Commission (SEC) sued the pair for allegedly breaching its rules, and industry executives expect more enforcement actions. Binance and Coinbase deny the regulator's allegations.

The U.S.

affiliate of Binance halted dollar deposits last week and gave customers a deadline of June 13 to withdraw their dollar funds, after SEC asked a court to freeze its assets.

A group of French crypto investors filed a criminal complaint against Binance in December, accusing it of misleading the public and promoting its services before it was legally allowed to do so.

"We're thrilled to open our first international office in a jurisdiction that welcomes blockchain technology and is committed to creating a predictable business environment by pursuing regulations that both embrace Web3 and protect consumers," said Chris Dixon, founder and managing director of Andreessen's a16z crypto fund, which is setting up the office.

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