Day: 23 August 2023

Many people end up losing their cryptocurrency investments because they depend too much on advice from others or free trading signals they find online. While seeking guidance is important, it's better not to be overly reliant on external financial advice. Instead of putting all your trust in outside sources, it's ...

Wash trading is a deceptive practice that aims to create artificial trading activities to mimic genuine market conditions. Its goal is to make it seem like there's a flurry of trading happening, fooling regular traders into thinking the market is bustling. Those who engage in wash trading could be external ...

As central banks worldwide intensify efforts to explore the benefits and issue a central bank digital coin (CBDC) in respective countries, the Reserve Bank of Australia (RBA) has declared that the nation is not yet prepared to issue its own CBDC. According to the RBA, Australia is "years away" from ...

Binance has launched its instant payment service, Binance Pay, in Brazil. In a blog post on August 22, 2023, the crypto exchange noted that the move was to allow local merchants to offer a new payment alternative to their customers.  Binance Pay is a contactless, secure payment service that facilitates ...

Binance.US has announced that it has now designated USDT as the "base asset" for all its transactions in line with its transition to a crypto-only exchange. As a result, its users will have to convert their deposited U.S. dollars into USDT to access the services offered on the platform. The ...