Binance Froze When Bitcoin Crashed. Now Users Want Their Money Back. WSJ

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Given its brief history, it is not surprising that Binance has not yet been hacked. Given the recent moves by the local authorities, it wouldn’t be surprising to see them register in a different country. That being said, the most obvious issue with this exchange is the fact it operates in China.

If you plan on actively using crypto, then a hot wallet app like ZenGo or MetaMask may be a better option. Just note that hot wallets are not meant to store your life savings, as they aren’t as secure as hardware wallets.

Easy and quick signups — can get started in as little as a few minutes Multitude of platforms to accommodate traders of all skill levels Hot wallets include insurance to protect your from theft and hacking attempts.

ZenGo Wallet is a non-custodial mobile cryptocurrency wallet that replaces the use of private keys in favor of facial recognition technology. This feature means there is no single point of failure and no risk of losing your coins in the event of a hacking or wallet loss. It’s an interesting new means of dispensing with seed phrases or codes while accessing a range of features for cryptocurrency holders and users.

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This reminds us a lot of Bitstamp’s platform. The positioning of the order book and tape is a bit more convenient, with them being grouped up. The charting package also seems a bit more sophisticated, but it’s not even close to the forex industry standard which we have grown accustomed to, MetaTrader4 (MT4).

Binance offers a substantial number of coins, which are traded mostly against Bitcoin and Ethereum. On the other side the two major coins are also paird with USDT (US Dollar Tether a digital asset, backed by US dollars, which aims to keep a 1:1 price ratio). The list of coins available at Bitnancie includes, but is not limited to (especially since new ones are added frequently): BTC, ETH, LTC, BCC, binansiefooie OMG, IOTA, ICN, MCO, SALT, KNC, CTRm SNLS, FUN, BQX, XVG, ZRX and BQX.

The Delta crypto tracker app is highly rated as the best and most intuitive app of its kind, both for its functionality and its interface. The app monitors the latest values of Bitcoin, Litecoin, Ethereum and over 7,000 altcoins and charts cryptocurrencies and your positions in your local fiat currency. You can set alerts on the app and keep track of cryptocurrency news on the app’s news feed so you don’t miss out on any potential trading opportunities.

"Binance Singapore (Binance. sg) is a separate legal entity from Binance.com with its local executive and management team and does not offer any products or services via the Binance.com website or other related entities, and vice versa."

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The money disappeared in seven minutes on May 19. It was meant to pay for a dream—a master’s degree in computer science in the U.S. Anand Singhal built up $50,000 in savings from the time he was 13 doing freelance coding from his bedroom in New Delhi.

If you are looking for a mobile crypto wallet to trade, send and buy over 70 coins as well as earn interest in Bitcoin, ZenGo has got you covered. You can buy, trade, send and receive crypto directly from the ZenGo wallet.

Binance is a relatively new Chinese company, created by experienced professionals in the cryptocurrency space. The most recognizable name behind this project is that of Changpeng Zhao, former CTO at OKCoin.

The app has support from more than 300 cryptocurrency exchanges and includes a portfolio manager that keeps track of your cryptocurrency portfolio’s value with its profit/loss shown for the last hour, the previous 24-hour period, the last week or since you began trading. The portfolio manager also generates a personal portfolio graph where you can see the progress of your positions in BTC, ETH or any fiat or cryptocurrency.

Currently, its application was being reviewed. Meanwhile, CEO Changpeng Zhao had previously stated that Binance’s Singapore unit under Binance Asia Services was working with the local authorities to obtain a license under the Payment Services Act (PAS).

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