Binance in Thailand: Trade Crypto @ the Top Exchange - cyptoranking.com

2024-05-11

Popular crypto exchanges(2023 Update) 2024-05-11
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Federated: In this type of network, multiple organizations will influence the blockchain network. It offers extremely fast and scalable systems and the network regulations preserve security and privacy. Hong Kong-based iFinex, owner of the crypto exchange Bitfinex, has offered to repurchase $150 million worth of shares as it seeks to shore up its control over the company, according to Bloomberg. Binance in Thailand: Trade Crypto @ the Top ExchangeDisadvantages of Decentralized Cryptocurrency Exchanges The next major resistance is $1,620 or the 100-hourly Simple Moving Average, above which the price could rise toward the $1,665 resistance zone. A close above the $1,665 resistance might send the price toward the key resistance at $1,750. The next key resistance might be $1,820. Any more gains might open the doors for a move toward $1,880.

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As per Goel, the fact that Layer-2s are taking the lead in terms of transaction throughput is not surprising. He told Decrypt that “the longer-term view has always been that L2 transactions will overtake Ethereum's,” adding, “it was clear during the bull market of 2020-21 that Ethereum mainnet's block space alone wasn't going to be enough.” ENS is going to take the place of DNS and has the potential to become a whole new means for us to navigate our way around the internet, taking us to various websites, digital wallets, smart contracts, and a great deal more. Crypto Transactions Under $50 May Soon be Exempt From Capital Gains TaxSource – L2Beat ETH is worth $1,572 at time of writing, down 5% in the last week.

A questionable correlation? Source: Glassnode/X 12 Non-KYC Exchanges: Investor's Guide 2023The Daily Chart Customers will be able to withdraw their funds until Jan. 8, though after that “customers must deactivate their Bitstamp accounts.”

Read more: Ethereum co-founder Vitalik Buterin calls for privacy and decentralizationEthereum Gas Price Hits All-Time Low Disclaimer: The following article is part of Cryptonews Deals Series and was written as a promotional article in collaboration with the sponsor of this offer. If your company has an exclusive promotion that you would like to share with our readers, we invite you to reach out to us. Let’s build together.One of the main factors that determine the quality of a cryptocurrency exchange is undoubtedly its degree of security. Recent events have reminded us that this factor should not be compromised.Photo: Adobe StockEnsuring maximum security for its users is by far the most critical aspect of any reputable trading platform. PrimeXBT has, to date, never been hacked and has a solid reputation for reliability and the way the administrators manage the security of this must-have exchange.Cold storage, maximum securityIt should be noted that the majority of bitcoins are stored on the platform's wallet via "cold" wallets. This is called cold storage. This way of storing crypto-assets provides users with maximum security because the funds are not directly accessible from the outside but are locked offline to minimize the risk of unauthorized access. Furthermore, in order for PrimeXBT users to withdraw funds, a number of crypto assets are kept in a "hot" wallet or hot storage. Daily withdrawals can be made smoothly.Moreover, transfers between the hot wallet and the cold wallet are confirmed using multiple signatures (Multisig), which is the most secure and most used way of managing this type of process in the crypto industry. This security standard contributes greatly to reducing the risk of having what is called a point of failure.CloudflareIn addition to the security measures mentioned above, PrimeXBT protects its users' crypto assets with Cloudfare, a specialized solution against distributed denial-of-service (DDoS) attacks."Cloudflare's anti-DDoS protection solution secures websites, applications and entire networks while ensuring that legitimate traffic is not compromised. With 172 Tbps of capacity, Cloudflare's network blocks an average of 126 billion daily threats, including some of the largest DDoS attacks in history."It should also be noted that the platform's hardware is hosted on Amazon Web Services (AWS) servers, which gives it enough capacity to run its powerful and efficient trading engine.In concrete terms, what happens is the following: all data exchanged between the user and the platform is fully encrypted using a full SSL encryption system, making it almost impossible to intercept.User-side securityFrom the user's point of view, PrimeXBT has obviously put in place all the security standards used in the industry to ensure the best protection. Among these best practices, we obviously think about how to secure access to PrimeXBT accounts. We're talking about a powerful password combination combined with 2FA authentication based on Google Authenticator (two-factor authentication). This form of authentication is a very secure method by which a user can access a computer resource (a computer, a smartphone or even a website) after presenting two distinct proofs of identity to an authentication mechanism.Using 2FA authenticationIn addition, PrimeXBT your password and privacy by hashing them using bcrypt with a "cost factor" of 12 and encrypting all other sensitive data.Fast registration process without KYCThe security offered by Prime XBT also concerns the private life of its users. It ensures them certain confidentiality, in particular by not requiring them to pass mandatory KYC (know your customer) checks. Thus, users' data is not linked to their names. This becomes even more important in case of hacking of the platform. Hackers would not be able to associate an account with personal identifying information such as a physical address, phone number or email address. Prime XBT is an unregulated exchange that does not conform to local banking restrictions.Use of white listsIn the unlikely event that a hacker manages to gain access to a user's account, it should be understood that their crypto funds are protected through the use of what is known as a whitelist of Bitcoin addresses. These are pre-approved BTC addresses. This prevents hackers from sending bitcoins to any of their addresses, which are not on the user's validated whitelist.Use of white listsEmail notificationIn addition to all the measures mentioned above, PrimeXBT also allows you to control what happens to your account through email notifications when someone logs on to the account or when there are transactions.To sum up, we can say that Prime XBT is undoubtedly one of the most secure platforms available today. Although it is not regulated, it more than makes up for this by offering its users complete security and confidentiality of their accounts.Learn about the PrimeXBT platform and how to trade like a pro with PrimeXBT's copy trading option.Current Bonus Plan: When you first register at PrimeXBT and make your deposit, enter the code CRYPTONEWS7000 to get your bonus as a reward in your trading account, equal to your deposit (up to a maximum of $7000). Full details here.CryptoMeister gives tips for choosing a trading platform for cryptocurrencies Virtual currenciesSeveral factors have played a role in this price decline. Ethereum’s co-founder, Vitalik Buterin, notably conducted significant sell-offs of his holdings. Additionally, the Ethereum Foundation (0x9e…313d) executed a sale of 1.7k ETH on Uniswap at 16:18 (UTC+8). It resulted in 2.738 million USDC. The address now retains 240.68 ETH, 3.238 million USDC, 49,700 DAI, and 10,000 ARB, totaling assets worth $3.687 million. However, not everyone likes the idea of expanding Bitcoin’s ecosystem beyond its current use cases.Cory Klippsten, the CEO of BTC-only exchange Swan Bitcoin, believes drivechains and solutions that bring other assets to Bitcoin will bring an influx of scammers.Saifedean Ammous, the author of The Bitcoin Standard, opposes the idea of issuing altcoins on Bitcoin, suggesting that “good money” is the only token needed.People only think tokens are a good idea because we live in a world of broken money. A good money is the only token anyone ever needs. Bitcoin is going to detokenize the world. https://t.co/q8Nhc7XcOX— Saifedean Ammous (@saifedean) August 28, 2023

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