Binance, the world’s largest cryptocurrency exchange by volume, has launched a new “savings” service that allows users to earn interest on their cryptocurrencies. The service, called “Binance Savings,” is available to users in select countries, including the United States.

The launch of Binance Savings comes as the cryptocurrency industry is seeing a growing number of companies offering “interest-bearing” accounts for crypto holdings. These services typically work by allowing users to deposit their cryptocurrencies into an account and then earn interest on those deposits.

The interest rates on these accounts can vary widely, but they are typically higher than what traditional banks offer for savings accounts. For example, BlockFi, one of the leading providers of crypto interest accounts, currently offers an annual percentage yield (APY) of up to 8.

6% for Bitcoin deposits.

While the APYs offered by these services are often attractive, it’s important to remember that they come with risks. First and foremost, the value of cryptocurrencies is highly volatile, which means that the value of your savings could go up or down over time.

Additionally, these services are not FDIC-insured, which means that your deposits are not protected in the event of a hack or bankruptcy.

With that said, Binance is one of the most well-known and trusted names in the cryptocurrency industry. The company has built a reputation for being secure and reliable, and its new savings service appears to be no different.

Binance Savings is available only to users who have completed KYC verification on the Binance platform, which adds an additional layer of security.

Additionally, Binance has implemented a number of security measures to protect user funds, including multi-factor authentication and two-factor authentication. Overall, Binance Savings appears to be a safe and secure way to earn interest on your cryptocurrencies.

There are a lot of different cryptocurrency exchanges to choose from, and it can be tough to decide which one is right for you. Two of the most popular exchanges are Binance and CoinSpot.

Both have their pros and cons, so it’s important to do your research before deciding which one to use.

Binance is a popular choice for cryptocurrency traders because it has low fees and a wide range of coins available. It’s also easy to use, even for beginners.

However, Binance is not available in all countries, so you may need to use a VPN to access it. Additionally, Binance was hacked in 2019, so some users may be concerned about security.

CoinSpot is an Australian exchange that allows users to buy and sell a wide range of cryptocurrencies. It’s one of the most user-friendly exchanges available, making it a good choice for beginners.

However, CoinSpot doesn’t offer as many coins as Binance, so you may not be able to find the coin you’re looking for. Additionally, CoinSpot has been known to suspend accounts without warning or explanation, so there is some risk involved in using the exchange.

So, which exchange is better? It really depends on what you’re looking for. If you’re looking for low fees and a wide selection of coins, Binance is a good choice.

If you’re looking for an easy-to-use exchange with a good reputation, CoinSpot is a good choice. Ultimately, it’s up to you to decide which exchange is right for you.

It’s a tough question to answer. Both exchanges have their pros and cons.

Binance is the world’s largest cryptocurrency exchange by trading volume. It’s also one of the most popular exchanges, with a user-friendly interface and a wide range of coins available for trading.

Bybit, on the other hand, is a newer exchange that’s been gaining popularity lately. It offers a similar range of coins to Binance, but it also has some unique features, such as margin trading and a mobile app.

So, which exchange is better It depends on your needs and preferences. If you’re looking for a large selection of coins and a user-friendly interface, Binance is a good choice.

If you’re interested in margin trading or want a mobile app, Bybit might be a better option.

Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is reportedly “banned” in Turkey.

The ban was announced in an unconfirmed report by online publication Bitcoinist on September 12, 2018. The report claimed that the Turkish Financial Crimes Investigation Board (MASAK) had sent a circular to local banks informing them that Binance was not authorized to operate in the country.

The report has not been confirmed by any official sources, and Binance has not made any public statement on the matter. However, if the report is accurate, it would not be the first time that Binance has been “banned” in a country.

In July 2018, Binance was reportedly “banned” in Japan after the Japanese Financial Services Agency (FSA) issued a warning to the exchange. However, Binance was never actually banned in Japan and continues to operate legally in the country.

It is possible that the same situation is happening in Turkey. The Turkish government has not issued any official statement on the matter, and Binance has not made any public statement either.

It is possible that the Bitcoinist report is inaccurate, and that Binance is not actually banned in Turkey.

However, if the report is accurate, it would not be surprising given the Turkish government’s recent crackdown on cryptocurrency exchanges. In April 2018, the Turkish government banned cryptocurrency payments on local exchanges.

And in September 2018, the Turkish Central Bank banned the use of credit cards to buy cryptocurrencies.

The Turkish government’s crackdown on cryptocurrency exchanges appears to be part of a wider crackdown on all aspects of cryptocurrency in the country. In July 2018, Turkey’s Banking Regulation and Supervision Agency (BDDK) announced that it was investigating crypto exchanges in the country.

And in August 2018, Turkey’s Capital Markets Board (SPK) announced that it was considering regulations for ICOs and crypto exchanges.

It is possible that Binance is currently operating illegally in Turkey and that the exchange could be shut down by the government at any time. However, until there is an official announcement from either the Turkish government or Binance, it is impossible to know for sure what is happening.

Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is facing a ban in Europe. The Malta-based company has been ordered to stop operating in the European Union by the Maltese Financial Services Authority (MFSA).

The MFSA’s decision comes after it conducted an investigation into Binance’s activities and found that the exchange was not licensed to operate in the EU. The authority also found that Binance had been providing “investment services and activities” without being authorized to do so.

Binance has been ordered to cease its operations in the EU immediately and has given the company two weeks to comply with the order. Failure to do so could result in further action being taken against the exchange.

This is not the first time that Binance has come under fire from regulators. The exchange was previously banned in China and Japan for operating without a license.

However, Binance has continued to operate globally, with its headquarters moving from one country to another as regulatory pressure increases.

It is not yet clear how Binance will respond to the MFSA’s order. The exchange has not released any official statement on the matter.

However, it is likely that Binance will appeal the decision or move its operations out of the EU once again.

The MFSA’s decision to ban Binance is a blow to the cryptocurrency industry. The exchange is one of the most popular and well-known exchanges in the world and its departure from the EU will be felt by many traders and investors.

This is also likely to increase regulatory pressure on other cryptocurrency exchanges operating in Europe. Exchanges will now have to be extra careful about their compliance with EU rules and regulations.