Binance, one of the world’s largest cryptocurrency exchanges, doesn’t currently allow its users to withdraw funds directly to their bank accounts. In order to do so, you’ll first need to convert your Binance coins into another cryptocurrency like Bitcoin, and then send those Bitcoin to an exchange that does offer withdrawals to bank accounts, like Coinbase.

While this may seem like a hassle, it’s actually a pretty straightforward process.

Here’s how to do it:

1. Sign up for a Binance account.

If you don’t already have one, you can create one here.

2. Deposit the Binance coins you want to convert into your Binance account.

You can do this by transferring them from another cryptocurrency wallet or by purchasing them on the Binance exchange with another currency like US dollars or Euros.

3. Once the Binance coins are in your account, go to the “Exchange” tab and search for the currency you want to convert them into, like Bitcoin or Ethereum.

Then click on the “Market” tab to place a market order, which will convert your Binance coins at the current market rate.

4. When the transaction is complete, you’ll now have Bitcoin (or whatever other currency you converted into) in your Binance account.

Next, go to the “Withdrawals” tab and enter the amount of Bitcoin you want to send to your Coinbase account. Be sure to double-check the receiving address before confirming the withdrawal!.

5. Once the withdrawal is processed by Binance (which can take up to a few hours), it will show up in your Coinbase account almost instantly.

From there, you can easily withdraw your Bitcoin (or other currency) directly into your bank account using Coinbase’s built-in withdrawal feature.

And that’s it! With just a few clicks, you can go from having Binance coins in your account to having cash in your bank account. While this process may not be as convenient as withdrawing directly from Binance, it’s still pretty easy and only takes a few minutes to complete.

Binance, one of the world’s largest cryptocurrency exchanges, is shutting down. The Malta-based company announced the decision today, saying that it will “make all the necessary arrangements” to ensure a smooth transition for its users.

The move comes as a surprise, as Binance has been one of the most successful cryptocurrency exchanges in recent years. Founded in 2017, the company quickly rose to become the largest exchange by trading volume, with a 24-hour volume of over $1 billion in January 2018.

Binance has attributed its success to its innovative business model and commitment to user experience. The exchange has been lauded for its low fees, wide range of supported cryptocurrencies, and fast trading speeds.

It has also been a pioneer in adopting new technologies, such as the Lightning Network.

However, the company has come under fire in recent months for its lax Know-Your-Customer (KYC) and Anti-Money Laundering (AML) policies. These concerns came to a head last week when Japanese regulators ordered Binance to cease operations in the country.

It is unclear why Binance is shutting down at this time. However, it is likely that the decision is related to regulatory pressure.

With Binance no longer operating in Japan, it may have become difficult for the company to maintain its compliance with global KYC/AML standards.

Binance’s shutdown will be a major blow to the cryptocurrency industry. The exchange was one of the most popular and successful exchanges, and its departure will leave a large void in the market.

Binance, one of the world’s largest cryptocurrency exchanges by trading volume, has been actively seeking a foothold in the United States market. The company first announced its intention to launch a U.S.

exchange in July of 2018, but has yet to do so. Binance CEO Changpeng Zhao (CZ) has been cagey about the timeline for the launch of the exchange, saying only that it would happen “soon.”.

In the meantime, Binance has been building up its presence in the U. with a number of strategic partnerships.

In January of 2019, Binance partnered with BAM Trading Services to launch a new trading platform called “Binance US.” The platform is currently live in beta and is available to select users in select states.

Binance US is a licensed money transmitter and is compliant with Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) regulations. The exchange offers a limited selection of coins at launch, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), and Tether (USDT).

The launch of Binance US comes as Binance prepares to launch its own crypto-fiat exchange in Uganda. The Uganda Exchange will allow users to buy and sell cryptocurrencies using Ugandan shillings (UGX).

The exchange is expected to launch in Q1 2019.

Binance’s expansion into the United States market is part of a larger global strategy to make cryptocurrency more accessible to everyone. The company plans to launch fiat-to-crypto exchanges in eight more countries by the end of 2019.

These exchanges will allow users to buy and sell cryptocurrencies using local fiat currencies, such as the euro or Japanese yen.

So far, Binance has been largely successful in its expansion efforts. The company has rapidly grown into one of the largest cryptocurrency exchanges in the world and has built up a strong reputation for security and reliability. However, Binance’s plans to enter the U.

S. market have been met with some resistance from regulators.

The New York State Department of Financial Services (DFS) released a statement in July of 2018 warning investors that Binance was not licensed to operate in the state of New York and that “any New York resident who uses the platform does so at their own risk.”

The DFS further warned that “Binance may be engaging in activities that require a BitLicense, but has not applied for one with our department.”BitLicenses are required for any business that deals with virtual currencies in New York State.”

The DFS isn’t alone in its concerns about Binance. The Securities and Exchange Commission (SEC) has also raised red flags about the company’s activities in the United States.

In November of 2018, the SEC sent out subpoenas to both Binance and ICO projects that had raised money on the platform.

The SEC’s investigation is still ongoing, but it’s possible that Binance could be fined or even forced to shut down its U.S operations if it is found to be violating securities lAWS.

So far, CZ has remained defiant in the face of regulatory scrutiny, saying that he “doesn’t care” about the SEC investigation and that Binance will “continue to do [its] thing.”.

Despite CZ’s confidence, it remains to be seen whether or not Binance will be able to operate legally in the United States. The outcome of the SEC investigation could have a major impact on the future of the company’s U. operations, as well as its plans to expand into other markets around the world.

Binance, the world’s largest cryptocurrency exchange by trading volume, is not a Chinese company.

This may come as a surprise to many, as Binance was founded in China and has its headquarters in Hong Kong. However, Binance is not a Chinese company for a few reasons.

First and foremost, Binance is registered in the Cayman Islands. This is likely because the Cayman Islands have much more favorable tax lAWS for companies than China does.

Secondly, Binance’s CEO, Changpeng Zhao, is not Chinese. He was born in China but moved to Canada with his family when he was a child.

Zhao holds Canadian citizenship.

Finally, the majority of Binance’s employees are not Chinese. While the company does have offices in Beijing and Shanghai, the majority of its employees are located in other countries such as Japan, South Korea, and Taiwan.

So why do so many people believe that Binance is a Chinese company?

One reason may be because Binance was founded in China and used to have its headquarters there. However, as mentioned above, the company has since moved its headquarters to Hong Kong and is now registered in the Cayman Islands.

Another reason may be because Changpeng Zhao is of Chinese descent. However, as mentioned above, he is not a Chinese citizen and has lived outside of China for most of his life.

So what is Binance? Is it a Chinese company? No, it is not.

There are many cryptocurrency exchanges available on the internet, and it can be difficult to determine which one is the best. Two of the most popular exchanges are KuCoin and Binance. Both of these exchanges have a lot to offer, but which one is better?

KuCoin has been growing in popularity lately, thanks to its low fees, wide selection of altcoins, and strong security. Binance is also a popular choice, thanks to its high trading volume, fast transactions, and easy-to-use interface. So, which exchange is better?

When it comes to fees, KuCoin is the clear winner. It charges just 0.1% per trade, while Binance charges 0.

2%. This may not seem like much, but it can add up over time – especially if you’re a frequent trader.

KuCoin also offers a wider selection of altcoins than Binance. If you’re looking to trade lesser-known coins, KuCoin is probably the better option.

However, Binance does offer a few more popular coins than KuCoin (such as Ripple and Bitcoin Cash), so it may be the better choice for some traders.

Both exchanges offer fast transactions and have strong security measures in place. However, KuCoin has been hacked in the past, while Binance has not.

This may make Binance a more attractive option for some users.

So, which exchange is better – KuCoin or Binance? It depends on your individual needs and preferences. If you’re looking for low fees and a wide selection of altcoins, KuCoin is probably the better choice.

However, if you prioritize security and transaction speed, Binance may be a better option for you.