Questions tagged [binance]

Tommaso Wed Jul 24 2024 | 6 answers 1429

Are you wondering if it's safe to keep your cryptocurrency holdings on Binance? It's a valid concern, as the safety of your assets is crucial. While Binance is one of the largest and most reputable exchanges in the crypto space, it's important to consider the risks associated with leaving your crypto on any centralized platform. Centralized exchanges are vulnerable to hacks and other security breaches, which could result in the loss of your funds. Additionally, you don't have full control over your private keys when you keep your crypto on an exchange. This means that the exchange has the ability to freeze or confiscate your funds if they choose to do so. On the other hand, storing your crypto in a wallet that you control gives you full ownership and responsibility for your funds. This means that you have the private keys and can access your funds at any time, without relying on a third party. However, it's important to note that managing your own wallet can be complex and requires a certain level of technical knowledge. So, should you leave your crypto on Binance? It depends on your risk tolerance and level of technical expertise. If you're comfortable with the risks associated with leaving your crypto on a centralized exchange, and you don't have the technical knowledge to manage your own wallet, then it may be okay to keep your funds on Binance. However, if you're looking for greater control and security over your funds, then storing them in a wallet that you control may be a better option.

BitcoinBaroness Wed Jul 24 2024 | 6 answers 919

Excuse me, could you please clarify if BigTime is currently listed for trading on the Binance exchange platform? I'm quite interested in knowing if investors have the opportunity to buy and sell this cryptocurrency on one of the largest and most reputable exchanges in the industry. Additionally, if it's not listed, could you provide any insight into the potential for a future listing or any other platforms where BigTime is currently available for trading? Thank you for your time and consideration.

EchoChaser Wed Jul 24 2024 | 6 answers 1529

Could you please clarify what you mean by "how much is Binance per USDT?" Binance is a popular cryptocurrency exchange platform, not a cryptocurrency itself. However, if you're asking about the exchange rate of a specific cryptocurrency traded on Binance against USDT (Tether), the answer would depend on the specific cryptocurrency you're referring to. For example, the exchange rate of Bitcoin (BTC) to USDT on Binance will vary depending on market conditions, demand, and supply. To get the most up-to-date exchange rate, you can check the Binance website or use a cryptocurrency trading app.

MysticChaser Wed Jul 24 2024 | 7 answers 1585

Hello, I'm interested in purchasing Portal Coin on the Binance platform. Could you please guide me through the process step-by-step? Specifically, I would like to know how to create an account on Binance, verify my identity, deposit funds into my account, find the Portal Coin trading pair, and execute the buy order. Additionally, I'm also curious about any fees associated with the transaction and the security measures in place to protect my funds. Thank you in advance for your assistance.

Lucia Wed Jul 24 2024 | 5 answers 832

Excuse me, could you please clarify something for me? I'm trying to understand how one would go about purchasing Binance using a bank transfer. I understand that Binance is a cryptocurrency exchange platform, but I'm not sure if it's actually possible to directly buy the platform itself. Perhaps you meant to ask about purchasing cryptocurrencies like Bitcoin or Ethereum on Binance using a bank transfer? If so, could you please guide me through the process? Thank you in advance for your help.