Binance, one of the world’s largest cryptocurrency exchanges by trading volume, was hacked in May 2019. The hack resulted in the loss of 7,000 BTC, worth approximately $40 million at the time.

Binance has since reimbursed all affected users from its own reserves.

The hack occurred on May 7, 2019, when a hacker gained access to a Binance user’s account and used that account to transfer 7,000 BTC to their own wallet. Binance quickly noticed the suspicious activity and halted all withdrawals and deposits on the platform.

Binance CEO Changpeng Zhao later announced that the exchange had been hacked and that it would be reimbursing all affected users from its own reserves. He also announced that Binance would be instituting a number of security measures to prevent similar hacks from occurring in the future.

The hack was a wake-up call for many in the cryptocurrency community and highlighted the need for exchanges to improve their security protocols. Binance has since implemented a number of security measures, including 2-factor authentication and risk management systems, to prevent similar hacks from occurring in the future.

VTHO is a cryptocurrency that is used to power transactions on the VeChain blockchain. It is similar to how Ethereum uses gas to power its transactions. VTHO is produced by staking VET, the native cryptocurrency of the VeChain blockchain.

When you stake VET, you are actually locking up your VET tokens for a period of time. The longer you lock up your VET, the more VTHO you will earn.

The amount of VTHO you earn will depend on how much VET you have staked and for how long you have staked it. The current annualized return for staking VET is around 4%.

So, if you have 1,000 VET staked, you can expect to earn around 40 VTHO per day.

While the return on investment for staking VET may not be as high as some other cryptocurrencies, it is still a good way to earn some passive income. And, since VTHO is needed to power transactions on the VeChain blockchain, it is likely that the demand for VTHO will increase as adoption of VeChain grows.

So, how often do you get VTHO on Binance? If you are staking your VET in a Binance account, you will receive your VTHO rewards daily.

It costs very little to transfer from Coinbase to Binance. In fact, it may even be free if you are transferring funds in the same currency. For example, if you are transferring US dollars from Coinbase to Binance, there will likely be no fee. However, if you are transferring a different currency, such as Bitcoin, there may be a small fee.

The fee will depend on the currency you are transferring and the amount you are transferring. For example, the fee for transferring 1 Bitcoin may be 0.001 Bitcoin.

Binance, one of the world’s largest cryptocurrency exchanges, offers margin trading on a select number of digital assets. Binance charges a small fee for each trade made on the platform.

For example, if you were to buy 1 BTC worth of Ethereum on Binance’s margin trading platform, you would be charged a 0.02% fee.

This would come to a total of 0.0002 BTC.

The fees charged by Binance are relatively low when compared to other exchanges that offer margin trading. For instance, BitMEX, another popular cryptocurrency margin trading platform, charges a 0.

075% fee for each trade.

In conclusion, Binance charges a small fee for each trade made on its margin trading platform. The fees are relatively low when compared to other exchanges that offer similar services.

Binance, one of the world’s largest cryptocurrency exchanges by trading volume, offers margin trading with Bitcoin, Ethereum, and a few other select cryptocurrencies. The exchange also allows for the use of leverage, up to a maximum of 3x.

In this article, we will take a look at how much Binance charges for margin trading.

To begin with, it is important to note that Binance does not charge any fees for deposits or withdrawals. This is one of the reasons why the exchange is so popular among cryptocurrency traders.

When it comes to trading fees, Binance has a tiered structure in place that charges different fees based on the user’s 30-day trading volume. For example, if your 30-day trading volume is less than 50 BTC, you will be charged a 0.1% fee for each trade.

If your 30-day trading volume is between 50 BTC and 1,000 BTC, you will be charged a 0.075% fee for each trade.

For margin trading, Binance charges an interest rate of 0.02% per day on the loan amount. This interest rate is applied to both long and short positions.

For example, if you have a 1 BTC loan with a 3x leverage, you will be charged an interest rate of 0.02% on the 3 BTC (1 BTC x 3).

In conclusion, Binance charges very reasonable fees for margin trading when compared to other exchanges. The interest rate on loans is also quite low when compared to traditional banking rates.

Overall, Binance is an excellent choice for those looking to trade cryptocurrencies on margin.

A withdrawal from Binance can take anywhere from a few minutes to a few hours. The main factor that determines how long a withdrawal will take is the blockchain of the cryptocurrency that you are withdrawing.

Bitcoin and Ethereum withdrawals usually take less than an hour, while withdrawals for other cryptocurrencies can take up to a few hours.

The first step in withdrawing from Binance is to go to the “Withdrawals” page. From there, you will select the cryptocurrency that you want to withdraw and enter the amount.

Once you have entered the amount, click on the “Submit” button.

After you have submitted your withdrawal request, it will go into a “Pending” status. Once the withdrawal has been processed by Binance, it will show up as “Completed”.

The time it takes for a withdrawal to be processed can vary, but is usually within a few minutes.

Once your withdrawal has been completed, it will be sent to the blockchain of the cryptocurrency that you withdrew. The time it takes for the withdrawal to show up in your wallet will depend on the blockchain of the cryptocurrency.

Binance is a cryptocurrency exchange platform that offers a wide variety of digital assets to trade. You can make money on Binance by trading cryptocurrencies, or by providing liquidity to other traders.

Cryptocurrency trading is a risky business, but it can be profitable if you know what you’re doing. To make money on Binance, you need to have a good understanding of the market and the platform.

You also need to be able to take advantage of opportunities when they arise.

If you’re new to trading, it’s best to start small and gradually increase your position size as you become more comfortable with the market. It’s also important to have a risk management plan in place so that you don’t lose more money than you can afford to.

One way to make money on Binance is by providing liquidity to other traders. This means you can place orders to buy or sell cryptocurrencies that are not matched by any other orders on the book.

By doing this, you can earn a small fee from each trade that is executed.

If you’re looking for a more passive way to make money on Binance, you can also consider investing in some of the platform’s native tokens. These tokens give you a share of the profits that Binance generates from its trading activities.

No matter how you choose to make money on Binance, always remember to treat your investment as a long-term play. Cryptocurrencies are volatile and can go up or down in value at any time.

Don’t invest more than you can afford to lose, and always diversify your portfolio so that you’re not putting all your eggs in one basket.

If you’re a Binance user, you may have noticed that the platform doesn’t offer a way to download account statements. This can be frustrating if you’re trying to keep track of your trading activity or report your gains and losses to the IRS.

The good news is that there are a few ways to get around this. In this article, we’ll show you how to download a statement from Binance using two different methods.

Method 1: Use a Third-Party Tool

There are a few third-party tools that allow you to download your Binance transaction history. One of these is Blockfolio’s Statement Generator.

To use this tool, you’ll first need to export your transaction history from Binance in CSV format. To do this, go to the “Funds” page on the Binance website and click on the “Withdrawals/Deposits” tab.

Then, click on the “Export” button and select “CSV.”.

Once you have your CSV file, head over to the Blockfolio Statement Generator and upload it. The tool will then generate a PDF statement that includes all of your transactions, fees, and gains/losses.

Method 2: Use Google Sheets

If you don’t want to use a third-party tool, you can also use Google Sheets to generate a statement from your Binance transaction history. This method requires a bit more work, but it’s completely free.

To get started, go to the “Funds” page on the Binance website and click on the “Withdrawals/Deposits” tab. Then, click on the “Export” button and select “CSV.

” Once you have your CSV file, open it in Google Sheets.

Binance, the world’s largest cryptocurrency exchange by trading volume, is now allowing New Yorkers to buy and sell digital assets on its platform. The move comes after the exchange spent the past six months “working closely” with the New York State Department of Financial Services (DFS) to obtain a BitLicense.

Binance.US, the American arm of Binance, first launched in September 2019 with support for only a handful of states.

The exchange has since expanded its operations, but until now, New York was not one of the supported states.

Now, however, Binance has received a BitLicense from the DFS, allowing it to offer its services to residents of New York. The license was granted on January 10 and published on the DFS website today.

With the addition of New York, Binance.US now supports trading in 43 states and Washington D.

C. The only states where the exchange is not yet operational are Alabama, Alaska, Connecticut, Florida, Georgia, Hawaii, Idaho, Louisiana, North Carolina, Texas, and Vermont.

The news comes just days after Binance announced that it would be adding support for buying and selling cryptocurrencies with fiat currencies on its main platform. The feature is currently live in beta for a select group of users but is expected to be rolled out to all users in the coming weeks.

In order to trade on Binance.com with fiat currencies, users will need to go through a “know-your-customer” (KYC) verification process.

It is not yet clear if this will also be required for users who want to trade on Binance.US with fiat currency pairs.

Binance Coin (BNB) is the native cryptocurrency of the Binance platform and can be used to pay fees on the exchange. BNB can also be traded on Binance against other cryptocurrencies and used to purchase goods and services through the Binance ecosystem.

To get started buying BNB on Binance.US, you will first need to create an account and undergo KYC verification.

Once your account is verified, you can deposit USD into your account and use it to purchase BNB or any other supported cryptocurrency on the platform.

If you’re looking to get the most out of your trading on Binance, then you’ll want to learn how to do a trailing stop. A trailing stop is a type of stop loss that adjusts automatically as the price of an asset moves in your favor.

This is a useful tool to use if you want to lock in profits while still giving yourself a chance to make even more profits if the price continues to move in your favor.

Here’s a step-by-step guide on how to do a trailing stop on Binance:

1. Log in to your Binance account and go to the “Exchange” page.

2. Select the asset pair that you want to trade from the “Markets” list.

3. Enter the amount of the asset that you want to buy or sell in the “Amount” field.

4.Click on the “Stop-Limit” tab just below the “Price” field.

5. Enter your “Stop Price”.

This is the price at which you want your order to be triggered.

6. Enter your “Limit Price”.

This is the price at which you want your order to be filled once it’s been triggered by the stop price.

7. Tick the “Trailing Stop” checkbox just below the “Limit Price” field.

8. Enter the distance in pips that you want your trailing stop to be from the current market price in the “Trailing Stop Distance” field.

A trailing stop can be anywhere from 0-999 pips from the current market price.

9 .Click on either the “Buy” or “Sell” button depending on which direction you’re wanting to trade.

Your order will now be placed and will remain open until either it’s filled or canceled. If at any time during your open position the market price hits your stop price, then a limit order will be placed at your limit price automatically.

And if at any time during your open position,the market price moves in your favor by the distance that you set in the trailing stop distance field, then your stop loss will adjust automatically to that new level. .

A trailing stop is a great way to lock in profits while still giving yourself some UPSide potential if the market continues to move in your favor. So give it a try next time you’re trading on Binance!.