TravelbyBit, an online travel agency that provides booking services for people using cryptocurrency, is teaming up with leading digital asset exchange Binance to launch a crypto-backed travel rewards card.
Binance, the second-biggest crypto exchange, fell out of CryptoCompare’s new exchange rankings due to security concerns.
The regulated firm is opening up its stablecoin-to-USD swaps facility to third parties, starting with Binance.
HTC’s special edition EXODUS blockchain smartphone will allow users to directly access Binance’s decentralized exchange and token.
Significant movement for the Binance BNB price since the previous day has been below the baseline owed to the volatility of the crypto-market as a whole. Or plainly speaking BNB is in the RED
- It takes 500 BNB to Issue Your Tokens. This is due regardless if you apply to the DEX or not.
- Once you have issued your token, you then must submit an additional 1000 BNB Deposit and write a formal in-depth Listing Proposal on the forum.
- ll voting for approval is done through Binance Chain “Validator Nodes”
- At this time, Binance Chain network features 11 validator nodes, all of which have been pre-selected by Binance.
The crypto community has already reacted to the latest attempt from CZ et al to dominate the industry by hovering up as many customers as it can. Offering fixed interest rates is not so commonplace in the financial industry and could cause problems down the road, especially when one of the proposed interest payment options is in Tether (USDT).
Research director Larry Cermak tweeted exactly that, stating that offering guaranteed rates of return is never a good idea. There were further comparisons of the proposed platform to the Bitconnect lending scam which folded in January 2018. Some of the responses to the announcement were quite vociferous.