Regulators in Japan, Singapore, Italy, Germany, Cayman Islands and South Africa have investigated Binance for money laundering, operating without a license and evading taxes. The exchange has responded by building a force of executives specializing in compliance, withdrawing its products based on regulatory pressure and complying with requirements of different jurisdictions.
We are hiring a large team of seasoned compliance, ideally ex-regulators, so they come into our organization, they understand what’s going on internally, and then they can speak the same language to their ex-colleagues.
That means traders can often buy newly issued tokens at low prices and make easy profits. Binance is also pretty quick to add new coins immediately following their initial offering on other platforms. There are also a good number of tokens offered on the Binance platform, and the IEOs from Launchpad make it to the Binance exchange immediately following their release.
The scrutiny intensifies, and the uphill battle with regulatory authorities and bitcoin financial watchdogs is likely to continue as the exchange tackles its challenges with newly hired executives with experience in compliance.
However, this involves keeping a close eye on Binance’s API announcements and updating our trading algorithms as required. Not all changes will lead to our code breaking, but some of them certainly can.
It also does not guarantee that this information is of a timely nature. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or binance futures sell in these assets. You should do your own thorough research before making any investment decisions. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. Information on these pages contains forward-looking statements that involve risks and uncertainties. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress.
The exchange has succumbed to regulatory pressure and removed support for another derivatives product, leveraged tokens that allowed traders to open leveraged positions in cryptocurrencies without the risk of liquidation. The world’s largest cryptocurrency exchange, Binance, has announced that it is rolling back its futures and options trading in Australia.
Since its launch, Binance Futures has been listening to the community and continuing to roll out new features, list new trading pairs and launch massive campaigns to provide traders with the best protection and trading opportunities.
Let’s assume you have an account at Binance and binance futures there is $1,000 in the account that you are willing to risk on leveraged futures trading. You believe that Bitcoin is currently oversold and bitcoin will soon rise, so you go long on the BTC/USDT futures contract using the full 125x leverage available to you.
April 6, 2020 — Binance, binance futures the global blockchain company behind the world’s largest digital asset exchange by trading volume and users, today launched Hedge Mode on the Binance Futures trading platform, allowing traders to hold opposing positions on the same contracts simultaneously.
Thus, traders can maintain long-term positions while participating in short-term movements. Starting today, traders can go long and short on the same contracts at the same time by enabling the Hedge Mode. Hedge Mode is live on the web (old version not supported), with app support available at a later date.
Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. None of the blogs or other sources of information is to be considered as constituting a track record. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. As with all such advisory services, past results are never a guarantee of future results. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information.
We are hiring a large team of seasoned compliance, ideally ex-regulators, so they come into our organization, they understand what’s going on internally, and then they can speak the same language to their ex-colleagues.That means traders can often buy newly issued tokens at low prices and make easy profits. Binance is also pretty quick to add new coins immediately following their initial offering on other platforms. There are also a good number of tokens offered on the Binance platform, and the IEOs from Launchpad make it to the Binance exchange immediately following their release.
The scrutiny intensifies, and the uphill battle with regulatory authorities and bitcoin financial watchdogs is likely to continue as the exchange tackles its challenges with newly hired executives with experience in compliance.
However, this involves keeping a close eye on Binance’s API announcements and updating our trading algorithms as required. Not all changes will lead to our code breaking, but some of them certainly can.
It also does not guarantee that this information is of a timely nature. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or binance futures sell in these assets. You should do your own thorough research before making any investment decisions. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. Information on these pages contains forward-looking statements that involve risks and uncertainties. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress.
The exchange has succumbed to regulatory pressure and removed support for another derivatives product, leveraged tokens that allowed traders to open leveraged positions in cryptocurrencies without the risk of liquidation. The world’s largest cryptocurrency exchange, Binance, has announced that it is rolling back its futures and options trading in Australia.
Since its launch, Binance Futures has been listening to the community and continuing to roll out new features, list new trading pairs and launch massive campaigns to provide traders with the best protection and trading opportunities.
Let’s assume you have an account at Binance and binance futures there is $1,000 in the account that you are willing to risk on leveraged futures trading. You believe that Bitcoin is currently oversold and bitcoin will soon rise, so you go long on the BTC/USDT futures contract using the full 125x leverage available to you.
April 6, 2020 — Binance, binance futures the global blockchain company behind the world’s largest digital asset exchange by trading volume and users, today launched Hedge Mode on the Binance Futures trading platform, allowing traders to hold opposing positions on the same contracts simultaneously.
Thus, traders can maintain long-term positions while participating in short-term movements. Starting today, traders can go long and short on the same contracts at the same time by enabling the Hedge Mode. Hedge Mode is live on the web (old version not supported), with app support available at a later date.
Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. None of the blogs or other sources of information is to be considered as constituting a track record. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. As with all such advisory services, past results are never a guarantee of future results. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information.