As of right now, there is no way to directly buy Fantom on Binance. The only way to acquire Fantom would be to first buy another cryptocurrency that is paired with it such as Ethereum or Bitcoin, and then trade that for Fantom on the Binance exchange.

While this may seem like a bit of a hassle, it is actually a fairly simple process that can be completed in just a few minutes.

So, if you are looking to invest in Fantom, the best way to do so would be to first purchase either Ethereum or Bitcoin from an exchange like Coinbase or Gemini. Once you have acquired either of those cryptocurrencies, you can then send them over to Binance and trade them for Fantom.

Although there is currently no direct way to buy Fantom on Binance, this method is still relatively straightforward and can be done quite easily.

Celsius (CEL) is a decentralized lending and borrowing platform that allows users to earn interest on their cryptocurrency holdings and borrow cash without selling their crypto. CEL tokens are the native currency of the Celsius network and are used to pay interest on loans, unlock higher lending and borrowing rates, and participate in community governance. Binance is a global cryptocurrency exchange that offers a platform for trading more than 100 cryptocurrencies.

Binance Coin (BNB) is the native currency of the Binance platform. BNB is used to pay fees on the Binance exchange and can also be used to book hotel rooms and other travel services through the TravelbyBit partnership. You can buy Celsius (CEL) on Binance by following these steps:.

1. Create a Binance account.

2. Deposit Bitcoin (BTC) or Ethereum (ETH) into your account.

3. Go to the “Exchange” page and select the “Basic” trading interface.

4. Enter “CEL/BTC” or “CEL/ETH” in the search bar and select the desired trading pair.

5. Enter your order details in the “Buy CEL” section and click “Buy CEL” to place your order.

You can also buy Celsius (CEL) on Binance by following these steps:

3. Go to the “Futures” page and select the “Perpetual Futures” tab. Enter “CEL/USDT” in the search bar and select the desired trading pair. Enter your order details in the “Buy CEL/USDT Futures” section and click “Buy CEL/USDT Futures” to place your order.

Binance, one of the world’s largest cryptocurrency exchanges by trading volume, has been hacked. 7,000 Bitcoin, worth over $40 million at today’s prices, were stolen from the exchange’s hot wallet.

This is not the first time that Binance has been hacked. In July of last year, hackers stole $32 million worth of Bitcoin from the exchange.

At the time, Binance had insurance to cover the loss and was able to reimburse all affected users.

This time, however, it does not appear that Binance has any insurance to cover the loss. This could have major implications for the cryptocurrency industry as a whole.

The hack is a major blow to confidence in cryptocurrency exchanges and could lead to more regulation. It also raises questions about the safety of holding funds on exchanges.

So far, Binance has not released any official statement on the hack. The exchange is currently in “emergency maintenance mode” and is not allowing any withdrawals or deposits.

It is still too early to know the full extent of the damage from this latest hack on Binance. But it is clear that it could have a major impact on the cryptocurrency industry.

Binance, the world’s largest cryptocurrency exchange by trading volume, is launching a perpetual futures contract with up to 50x leverage. The contract will be traded on the Binance Futures platform against Tether (USDT), a dollar-pegged stablecoin.

Binance first launched its futures platform in September 2019 with Bitcoin (BTC) as the underlying asset. Since then, the platform has gradually added more assets and now supports 12 digital currencies including Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC).

Binance Futures currently has a daily trading volume of over $1 billion.

The new perpetual contract will be available for trading with up to 50x leverage. It will be denominated in USDT and have a minimum price fluctuation of 0.

001%. The contract will be settled daily at 00:00 UTC and have no expiry date.

Both long and short positions will be charged a funding fee every 8 hours. The fee will be paid to the opposite side of the trade and will vary depending on the interest rate differential between USDT and other assets.

For example, if USDT is borrowing at 5% per year and ETH is borrowing at 10% per year, then long ETH/USDT traders will pay short ETH/USDT traders a 2.5% funding fee every 8 hours.

The launch of the perpetual contract follows the success of Binance’s quarterly futures contracts which were launched in July 2019. Quarterly futures contracts are similar to perpetual contracts but have an expiry date.

They are often used by traders to hedge against price movements in the underlying asset or take advantage of arbitrage opportunities.

Binance CEO Changpeng Zhao said that the launch of perpetual futures contracts will make it easier for traders to take advantage of price movements in digital currencies. “Traders can now use leverage to trade their favorite digital currency pairs around the clock without having to worry about expiration dates,” he said.

The launch of Binance’s perpetual futures contract comes amid a surge in demand for cryptocurrency derivatives products. According to a report by Arcane Research, the total trading volume of cryptocurrency derivatives hit a record $1 trillion in December 2020.

The report found that Bitcoin futures trading volume grew from $24 billion in January 2020 to $290 billion by December 2020.

The launch of Binance’s perpetual contract also comes as other major exchanges are launching similar products. In November 2020, OKEx launched a perpetual swap product with up to 100x leverage while Huobi Global launched a similar product with up to 50x leverage in December 2020.

BitMEX, the largest cryptocurrency derivatives exchange by trading volume, also offers a perpetual contract with up to 100x leverage.

Are Binance Futures Perpetual? Yes, Binance Futures offers a perpetual contract with up to 50x leverage which is denominated in USDT and have a minimum price fluctuation of 0.001%. Thecontract will be settled daily at 00:00 UTC and have no expiry date.

The IRS has not yet released any official guidance on the matter of cryptocurrency and taxes, but that hasn’t stopped people from speculating. There is a lot of confusion out there about whether or not exchanges like Binance will be sending out 1099 forms to their US customers.

The simple answer is that we don’t know for sure. The IRS has been tight-lipped about how they plan to treat cryptocurrency when it comes to taxes, and until they release some official guidance, we won’t know for sure what the rules are.

However, there is some reason to believe that Binance may send out 1099 forms to their US customers. For one thing, Binance is already registered with the Financial Crimes Enforcement Network (FinCEN), which requires them to collect identifying information from their customers.

This information could be used to generate 1099 forms.

Furthermore, Binance has recently taken steps to comply with other US regulations, such as Know Your Customer (KYC) and Anti-Money Laundering (AML) lAWS. Complying with these lAWS would be much easier if Binance were already sending out 1099 forms to their US customers.

Of course, all of this is just speculation at this point. Until the IRS releases some official guidance, we won’t know for sure what the rules are or whether Binance will be sending out 1099 forms.

However, it seems like a pretty good possibility that they will.