Binance News Update: OTC Trading Portal, Fiat On-ramp for S.A Rand and Flexible Deposits for LTC & TRX

First posted at https://ethereumworldnews.com/binance-news-update-otc-trading-fiat-on-ramp-s-a-rand-and-flexible-deposits-ltc-trx/

In brief:

  • The team at Binance has made 3 major announcements in less than 24 hours. 
  • Firstly, Binance launched a new Fiat on-ramp for the South African Rand (ZAR). 
  • Secondly, the team launched a new OTC trading portal. 
  • Thirdly, flexible deposits are now available for Litecoin (LTC) and Tron (TRX).

The last 24 hours have been an eventful period in both the crypto markets and at the popular exchange of Binance. To begin with, the crypto market capitalization has gained approximately $10 Billion, rising from $175 Billion to $186 Billion in the same time period. Bitcoin (BTC) is currently trading at $6,655 after bouncing off the $6,200 support zone. With respect to the crypto exchange of Binance, the team has consistently made valuable additions to the products and services offered by the platform.

Fiat On-ramp for the S. African Rand (ZAR)

Firstly, the team has announced that the platform now supports the transfer of Rands (ZAR) via bank transfer (EFT). This will enhance how users from South Africa deposit fiat on the platform. Additionally, the exchange has added 5 trading pairs denominated in the ZAR.

  • BTC/ZAR
  • BNB/ZAR
  • ETH/ZAR
  • USDT/ZAR
  • BUSD/ZAR

Deposits of ZAR are available with immediate effect. However, withdrawals will be active from 9th April, 6am (UTC + 2).

New OTC Trading Portal

Secondly, the team has announced the launch of an OTC trading portal. The service is live with users having the opportunity to receive a request for quotation (RFQ) for trades that are quickly settled directly to their Binance accounts.

However, the minimum trade size is the equivalent of 10,000 USDT. 25 digital assets are currently supported with users having to complete level 2 KYC verification.

TRX and LTC Added to Flexible Deposits

Thirdly, the exchange has added Tron (TRX) and Litecoin (LTC) to the list of supported assets on flexible deposits. This is a value-added service for Binance users who hold idle assets on the platform. Such funds can be lent out to users and the owners earn interest as a result.

Slight Price Increment of Binance Coin (BNB)

As earlier foreshadowed, the price of BNB in the crypto markets has experienced a huge boost from a recent low of $12. It is now valued at $12.77 and looks set to keep moving up as the day progresses.

(Feature image courtesy of Roman Kraft  on Unsplash.)

Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.

BitMEX Donates $400,000 to Cyber Security Organisation

First posted at http://feedproxy.google.com/~r/BitcoinIndependentNewsAndBlog/~3/iW7hxD6db10/

Crypto New Media Press

BitMEX parent company HDR Global Trading Limited has become a partner of nonprofit Shadowserver Foundation. HDR will sponsor the nonprofit by offering $400,000 over the next four years. BitMEX Operator Becomes Member of Shadowserver Industry Alliance Shadowserver Foundation is an organization that collects and analyzes data on malicious activity on the Internet. HDR has become […]

The post BitMEX Donates $400,000 to Cyber Security Organisation appeared first on Crypto New Media.

Introducing OLPORTAL Platform…….. – Smiling Dove

First posted at http://feedproxy.google.com/~r/BitcoinIndependentNewsAndBlog/~3/NzjFU-KLKHw/

Crypto New Media Press

OLPORTAL is a decentralized messenger on neural networks with the function of Artificial Intelligence dialogues. Artificial intelligence (AI) is the branch of computer sciences that emphasizes the development of intelligence machines, thinking and working like humans. For example, speech recognition, problem-solving, learning and planning. OLPORTAL ecosystem would be using the Artificial intelligence as the main […]

The post Introducing OLPORTAL Platform…….. – Smiling Dove appeared first on Crypto New Media.

Raiden Trust Updates – Raiden Network Blog

First posted at http://feedproxy.google.com/~r/BitcoinIndependentNewsAndBlog/~3/RH_rd2rzfZw/

Crypto New Media Press

There has been steady progress in the background and we’re excited to share some news with you: Firstly, we’re pleased to announce our first grantee, PISA. Secondly, we want to take the opportunity to introduce our Advisory Board. Lastly, we’re announcing a movement of 16 million RDN from the Raiden MultiSig to the Raiden Trust’s […]

The post Raiden Trust Updates – Raiden Network Blog appeared first on Crypto New Media.

Bitcoin (BTC) Reclaims $7,000 as Global Efforts Against the Coronavirus Start to Bear Fruit

First posted at https://ethereumworldnews.com/bitcoin-btc-reclaims-7000-as-global-efforts-against-the-coronavirus-start-to-bear-fruit/

In brief:

  • Bitcoin (BTC) has this morning reclaimed the $7,000 value once again. 
  • Its movement is amidst global reports of some countries winning the war against the Coronavirus. 
  • With halving only days away, Bitcoin might continue with its upward trajectory. 

In our Saturday analysis of Bitcoin, Ethereum World News had advised a ‘wait and see’ approach with respect to the price action of BTC. This was due to the fact that the 50 and 100 MA on the 6-hour chart looked set to act as temporary support for the King of Crypto till today, Monday, April 6th.

Bitcoin Reclaims $7,000 On News of Countries Winning the War Against COVID19

At the time of writing this, the Chinese city of Wuhan is coming back to life after several travel restrictions were lifted by the Government. Residents with a ‘Green health code’ will be allowed to leave Wuhan and the surrounding province. Additionally, the countries of Italy, Spain and Germany, have recorded a decrease in the daily rate of infections in their territories as a result of continued efforts to reduce the spread of the virus.

This reaction of BTC to positive news regarding the war against the global pandemic is similar to an earlier analysis where we postulated the following theory:

…a BTC recovery will only become possible once good news about beating the virus globally, starts to hit the airwaves and internet.

What Next for BTC/USDT?

6-Hour BTC/USDT chart courtesy of Tradingview.com

Further visiting our favorite 6-hour time frame on the Binance BTC/USDT chart, we observe the following.

The $6,900 resistance level has now been broken and is acting as Bitcoin’s short term support. $7,000 needs to be maintained at least for today for it to turn to some level of confident support. Moving up, $7,200 and the $7,400 zone provide the next level of resistances.

However, trade volume is still considerably low but might improve as the Western hemisphere wakes up in a few hours.

On a Macro level, Bitcoin might go on to reclaim $8,000 and maybe $9,000 as the Bitcoin halving is only 37 days away.

As with all trading analysis, readers are advised to do their own analysis and to use appropriate stop losses to safeguard their leveraged positions.

(Feature image courtesy of Patrick Hendry on Unsplash.)

Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.

TOP 8 CRYPTO MISTAKES YOU SHOULD AVOID – Bleutrade

First posted at http://feedproxy.google.com/~r/BitcoinIndependentNewsAndBlog/~3/QcLUt_eZpeg/

Crypto New Media Press

When you sit down and think about it, the crypto market has low barriers to entry. That simply means that anyone with a computer, laptop or smartphone which can be connected to the internet can easily start trading. However, beginners with little to no experience can easily commit mistakes which can be devastating especially during […]

The post TOP 8 CRYPTO MISTAKES YOU SHOULD AVOID – Bleutrade appeared first on Crypto New Media.

Binance News Update: OTC Trading Portal, Fiat On-ramp for S.A Rand and Flexible Deposits for LTC & TRX

First posted at https://ethereumworldnews.com/binance-news-update-otc-trading-fiat-on-ramp-s-a-rand-and-flexible-deposits-ltc-trx/

In brief:

  • The team at Binance has made 3 major announcements in less than 24 hours. 
  • Firstly, Binance launched a new Fiat on-ramp for the South African Rand (ZAR). 
  • Secondly, the team launched a new OTC trading portal. 
  • Thirdly, flexible deposits are now available for Litecoin (LTC) and Tron (TRX).

The last 24 hours have been an eventful period in both the crypto markets and at the popular exchange of Binance. To begin with, the crypto market capitalization has gained approximately $10 Billion, rising from $175 Billion to $186 Billion in the same time period. Bitcoin (BTC) is currently trading at $6,655 after bouncing off the $6,200 support zone. With respect to the crypto exchange of Binance, the team has consistently made valuable additions to the products and services offered by the platform.

Fiat On-ramp for the S. African Rand (ZAR)

Firstly, the team has announced that the platform now supports the transfer of Rands (ZAR) via bank transfer (EFT). This will enhance how users from South Africa deposit fiat on the platform. Additionally, the exchange has added 5 trading pairs denominated in the ZAR.

  • BTC/ZAR
  • BNB/ZAR
  • ETH/ZAR
  • USDT/ZAR
  • BUSD/ZAR

Deposits of ZAR are available with immediate effect. However, withdrawals will be active from 9th April, 6am (UTC + 2).

New OTC Trading Portal

Secondly, the team has announced the launch of an OTC trading portal. The service is live with users having the opportunity to receive a request for quotation (RFQ) for trades that are quickly settled directly to their Binance accounts.

However, the minimum trade size is the equivalent of 10,000 USDT. 25 digital assets are currently supported with users having to complete level 2 KYC verification.

TRX and LTC Added to Flexible Deposits

Thirdly, the exchange has added Tron (TRX) and Litecoin (LTC) to the list of supported assets on flexible deposits. This is a value-added service for Binance users who hold idle assets on the platform. Such funds can be lent out to users and the owners earn interest as a result.

Slight Price Increment of Binance Coin (BNB)

As earlier foreshadowed, the price of BNB in the crypto markets has experienced a huge boost from a recent low of $12. It is now valued at $12.77 and looks set to keep moving up as the day progresses.

(Feature image courtesy of Roman Kraft  on Unsplash.)

Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.

Binance News Update: OTC Trading Portal, Fiat On-ramp for S.A Rand and Flexible Deposits for LTC & TRX

First posted at https://ethereumworldnews.com/binance-news-update-otc-trading-fiat-on-ramp-s-a-rand-and-flexible-deposits-ltc-trx/

In brief:

  • The team at Binance has made 3 major announcements in less than 24 hours. 
  • Firstly, Binance launched a new Fiat on-ramp for the South African Rand (ZAR). 
  • Secondly, the team launched a new OTC trading portal. 
  • Thirdly, flexible deposits are now available for Litecoin (LTC) and Tron (TRX).

The last 24 hours have been an eventful period in both the crypto markets and at the popular exchange of Binance. To begin with, the crypto market capitalization has gained approximately $10 Billion, rising from $175 Billion to $186 Billion in the same time period. Bitcoin (BTC) is currently trading at $6,655 after bouncing off the $6,200 support zone. With respect to the crypto exchange of Binance, the team has consistently made valuable additions to the products and services offered by the platform.

Fiat On-ramp for the S. African Rand (ZAR)

Firstly, the team has announced that the platform now supports the transfer of Rands (ZAR) via bank transfer (EFT). This will enhance how users from South Africa deposit fiat on the platform. Additionally, the exchange has added 5 trading pairs denominated in the ZAR.

  • BTC/ZAR
  • BNB/ZAR
  • ETH/ZAR
  • USDT/ZAR
  • BUSD/ZAR

Deposits of ZAR are available with immediate effect. However, withdrawals will be active from 9th April, 6am (UTC + 2).

New OTC Trading Portal

Secondly, the team has announced the launch of an OTC trading portal. The service is live with users having the opportunity to receive a request for quotation (RFQ) for trades that are quickly settled directly to their Binance accounts.

However, the minimum trade size is the equivalent of 10,000 USDT. 25 digital assets are currently supported with users having to complete level 2 KYC verification.

TRX and LTC Added to Flexible Deposits

Thirdly, the exchange has added Tron (TRX) and Litecoin (LTC) to the list of supported assets on flexible deposits. This is a value-added service for Binance users who hold idle assets on the platform. Such funds can be lent out to users and the owners earn interest as a result.

Slight Price Increment of Binance Coin (BNB)

As earlier foreshadowed, the price of BNB in the crypto markets has experienced a huge boost from a recent low of $12. It is now valued at $12.77 and looks set to keep moving up as the day progresses.

(Feature image courtesy of Roman Kraft  on Unsplash.)

Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.

Binance News Update: OTC Trading Portal, Fiat On-ramp for S.A Rand and Flexible Deposits for LTC & TRX

First posted at https://ethereumworldnews.com/binance-news-update-otc-trading-fiat-on-ramp-s-a-rand-and-flexible-deposits-ltc-trx/

In brief:

  • The team at Binance has made 3 major announcements in less than 24 hours. 
  • Firstly, Binance launched a new Fiat on-ramp for the South African Rand (ZAR). 
  • Secondly, the team launched a new OTC trading portal. 
  • Thirdly, flexible deposits are now available for Litecoin (LTC) and Tron (TRX).

The last 24 hours have been an eventful period in both the crypto markets and at the popular exchange of Binance. To begin with, the crypto market capitalization has gained approximately $10 Billion, rising from $175 Billion to $186 Billion in the same time period. Bitcoin (BTC) is currently trading at $6,655 after bouncing off the $6,200 support zone. With respect to the crypto exchange of Binance, the team has consistently made valuable additions to the products and services offered by the platform.

Fiat On-ramp for the S. African Rand (ZAR)

Firstly, the team has announced that the platform now supports the transfer of Rands (ZAR) via bank transfer (EFT). This will enhance how users from South Africa deposit fiat on the platform. Additionally, the exchange has added 5 trading pairs denominated in the ZAR.

  • BTC/ZAR
  • BNB/ZAR
  • ETH/ZAR
  • USDT/ZAR
  • BUSD/ZAR

Deposits of ZAR are available with immediate effect. However, withdrawals will be active from 9th April, 6am (UTC + 2).

New OTC Trading Portal

Secondly, the team has announced the launch of an OTC trading portal. The service is live with users having the opportunity to receive a request for quotation (RFQ) for trades that are quickly settled directly to their Binance accounts.

However, the minimum trade size is the equivalent of 10,000 USDT. 25 digital assets are currently supported with users having to complete level 2 KYC verification.

TRX and LTC Added to Flexible Deposits

Thirdly, the exchange has added Tron (TRX) and Litecoin (LTC) to the list of supported assets on flexible deposits. This is a value-added service for Binance users who hold idle assets on the platform. Such funds can be lent out to users and the owners earn interest as a result.

Slight Price Increment of Binance Coin (BNB)

As earlier foreshadowed, the price of BNB in the crypto markets has experienced a huge boost from a recent low of $12. It is now valued at $12.77 and looks set to keep moving up as the day progresses.

(Feature image courtesy of Roman Kraft  on Unsplash.)

Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.

Binance News Update: OTC Trading Portal, Fiat On-ramp for S.A Rand and Flexible Deposits for LTC & TRX

First posted at https://ethereumworldnews.com/binance-news-update-otc-trading-fiat-on-ramp-s-a-rand-and-flexible-deposits-ltc-trx/

In brief:

  • The team at Binance has made 3 major announcements in less than 24 hours. 
  • Firstly, Binance launched a new Fiat on-ramp for the South African Rand (ZAR). 
  • Secondly, the team launched a new OTC trading portal. 
  • Thirdly, flexible deposits are now available for Litecoin (LTC) and Tron (TRX).

The last 24 hours have been an eventful period in both the crypto markets and at the popular exchange of Binance. To begin with, the crypto market capitalization has gained approximately $10 Billion, rising from $175 Billion to $186 Billion in the same time period. Bitcoin (BTC) is currently trading at $6,655 after bouncing off the $6,200 support zone. With respect to the crypto exchange of Binance, the team has consistently made valuable additions to the products and services offered by the platform.

Fiat On-ramp for the S. African Rand (ZAR)

Firstly, the team has announced that the platform now supports the transfer of Rands (ZAR) via bank transfer (EFT). This will enhance how users from South Africa deposit fiat on the platform. Additionally, the exchange has added 5 trading pairs denominated in the ZAR.

  • BTC/ZAR
  • BNB/ZAR
  • ETH/ZAR
  • USDT/ZAR
  • BUSD/ZAR

Deposits of ZAR are available with immediate effect. However, withdrawals will be active from 9th April, 6am (UTC + 2).

New OTC Trading Portal

Secondly, the team has announced the launch of an OTC trading portal. The service is live with users having the opportunity to receive a request for quotation (RFQ) for trades that are quickly settled directly to their Binance accounts.

However, the minimum trade size is the equivalent of 10,000 USDT. 25 digital assets are currently supported with users having to complete level 2 KYC verification.

TRX and LTC Added to Flexible Deposits

Thirdly, the exchange has added Tron (TRX) and Litecoin (LTC) to the list of supported assets on flexible deposits. This is a value-added service for Binance users who hold idle assets on the platform. Such funds can be lent out to users and the owners earn interest as a result.

Slight Price Increment of Binance Coin (BNB)

As earlier foreshadowed, the price of BNB in the crypto markets has experienced a huge boost from a recent low of $12. It is now valued at $12.77 and looks set to keep moving up as the day progresses.

(Feature image courtesy of Roman Kraft  on Unsplash.)

Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.