Send bitcoin to binance

Join us on Twitter or Telegram. Customize Settings Accept. Introduction Binance is the largest cryptocurrency exchange in terms of the daily trading volume. As one of its users, you have access to a vast selection of services and products related to the developing crypto economy. These include cryptocurrency trading both spot and futures markets , borrowing, lending, staking , donating, and holding your crypto assets. However, given that most of these products and services aim to provide you with a means of achieving your goal of turning a profit, sooner or later, you will have to withdraw your funds.

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Content:

• Binance.US Review 2022: Low Fees, But Investors Should Take a Pass
• Sending cryptocurrency
• How to Start Accepting Bitcoin and Crypto Payments for Your Business on Binance
• Britain's crackdown on Binance boosts the cryptocurrency exchange's rivals
• Binance.US cryptocurrency exchange review
• Sending and Receiving Bitcoin
• How Do I Deposit/Withdraw Cryptocurrency on Binance
• Crypto giant Binance restricts 281 Nigerian accounts

WATCH RELATED VIDEO: HOW TO SEND BTC or BITCOIN from COINS PH to BINANCE (TAGALOG Version)

Binance.US Review 2022: Low Fees, But Investors Should Take a Pass

A lack of laws and regulatory tools make it unlikely the Thai SEC can stop local trade on the world's largest digital asset exchange even if it finds wrongdoing in its probe, writes William Hicks. Despite Thai regulators filing a criminal complaint this month against Binance -- the world's largest digital asset exchange -- for operating without a licence, many users are determined to keep trading on the site and doubt the government's ability to prevent them from doing so.

Binance may be the most popular cryptocurrency exchange in the country, surpassing its competitors such as Bitkub based solely on anecdotal evidence. While the company does not release data on how many users it has in Thailand, the largest Thai Binance Facebook group boasts more than , members. One uncertainty for traders is how the Securities and Exchange Commission SEC would stop trade on Binance if it moves forward with the criminal complaint. The exchange is subject to increasing regulatory pressure around the globe.

In the US, Binance faces an anti-money laundering probe, while in the UK some banks have blocked fiat currency withdrawals from the exchange at the behest of the government. Binance has no official headquarters and domiciles in the Cayman Islands, making it difficult for even the most powerful global regulators to rein in the company. Binance is a licensed digital asset exchange in the US -- unlike in Thailand -- and has made overtures to some nations' regulators.

But despite its popularity among Thais, the local market may not be lucrative enough to bear the cost of regulatory compliance. In a public response to the numerous regulatory actions against Binance, its chief executive Changpeng Zhao said: "Compliance is a journey -- especially in new sectors like crypto. The industry still faces a lot of uncertainty.

We also recognise that with growth comes more complexity and more responsibility. The Thai regulator ramped up restrictions on digital asset trading, even banning the trade of popular "meme coins" like Dogecoin, non-fungible tokens NFTs and cryptocurrencies created by exchanges themselves -- a lucrative way for budding crypto startups to raise funds.

The Thai SEC also has a habit of shutting down exchanges that do not meet regulations, as it temporarily suspended the registration of new users on Bitkub earlier this year after a number of outages on the site caused some day traders to lose money.

The previous market leader for digital asset exchange in Thailand, Bitcoin Co BX , shut down unexpectedly in and some users were unable to recover their digital assets.

Such events have caused a climate of distrust towards local exchanges by Thai crypto traders who doubt local operators have the liquidity to handle mass selloffs when turbulent markets take a sudden plunge. One time, users could not sell their assets in time after an exchange shut," Mr Kittivit said.

I'm not going to stop trading on Binance unless the government makes it very difficult to do so. While we do not comment on specific matters related to any regulators as a policy, we can say we are looking to cooperate with the Thai SEC as much as possible to address any concerns that it may have. However, "actively soliciting" is a very subjective term in this context. Binance has made a number of moves to make it easier for Thai crypto traders to transfer baht onto the site and even held a competition last year encouraging Thais and other Southeast Asian traders to "battle it out to secure a prize" in the "Binance SEA Olympics".

The company allows direct baht deposits through Satang Corporation, a local cryptocurrency firm. Before the direct deposits, Binance users in Thailand had to deposit baht with a local exchange, convert it into cryptocurrency and then send it to Binance.

Alternatively, they could use Binance's P2P platform to buy USDT, a cryptocurrency nominally tied to the US dollar, directly from an individual trader as a way of transferring funds onto Binance's platform. These various transaction methods make the SEC's job difficult if it wants to completely halt the use of Binance in Thailand, as moving cryptocurrency from one digital wallet to another is difficult to prevent through regulation.

We also integrated with the No. Binance and Mr Poramin have an ostensibly close relationship since the exchange listed the cryptocurrency Zcoin now called Firo that he co-founded, massively boosting its exposure in the global market.

Satang Corp continues to facilitate baht deposits to Binance, despite the pending criminal investigation. According to Patikorn Trethasayuth, a local crypto enthusiast and community manager at Bitcoin Addict, the most heavy-handed technique the SEC can deploy to prevent trading on Binance is to block the site's URL, similar to what the Thai government did last year with Pornhub. However, he said traders could simply access the site through a virtual private network VPN to get around the block.

The government could also pressure banks to block direct withdrawals from Binance, but then traders could fall back to other methods of converting cryptocurrency to baht, like transferring the assets through a local exchange or selling them on a P2P network. All it will see is a simple bank account transfer between two individuals," he said.

Mr Patikorn used to volunteer as a "Binance Angel", a group of unpaid Binance fans that translate news and marketing material about the company into local languages and help new users with questions and issues. These angels have allowed Binance to proliferate globally, even in markets where the company does not have employees or could not service customer complaints because of language barriers.

The company is likely to irk regulators because of its loose know-your-customer standards that allow users to withdraw up to 0. Those who want to transfer higher amounts must send a copy of their national ID card and provide other proof of identity. The most popular local exchange Bitkub reports about 2 million users.

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Sending cryptocurrency

In this video I will show you how to transfer crypto from binance to hotbit exchange. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice. Cryptocurrency trading is VERY risky. Eva Watson.

How to Start Accepting Bitcoin and Crypto Payments for Your Business on Binance

Did you know you can now send and receive cryptocurrencies for free using Binance P2P? Send crypto to other Binance users by entering the email address they used to sign up for their Binance account, or scanning a QR code from the Binance app. Simply put, platforms like Binance P2P allow buyers and sellers to transact directly with one another without any intermediaries. Firstly, unlike fiat currencies, crypto is accessible in most regions worldwide, so you can make borderless transfers using crypto to friends and family. All you need is a valid email address or QR code. Security and privacy is another reason to send crypto using Binance P2P. Finally, you can send and receive crypto for free, no matter where the sender or recipient is located.

Britain's crackdown on Binance boosts the cryptocurrency exchange's rivals

As the Lunar New Year of the Tiger approaches, crypto exchanges and wallet operators are gearing up to offer users the option to send crypto via digital red packets, or hongbao in Mandarin. Giving and receiving lucky money — traditionally, crisp new bills tucked into fancy red envelopes — during the first two weeks of the lunar new year is part of many Asian cultures. Although some crypto platforms have been testing the waters, industry experts say the idea of giving red packets in cryptocurrency has not really taken off yet for consumers. He added that there are still not many crypto wallets on the market with e-hongbao functionality. Binance is among those trying to make crypto hongbaos more mainstream.

Binance.US cryptocurrency exchange review

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Sending and Receiving Bitcoin

A lack of laws and regulatory tools make it unlikely the Thai SEC can stop local trade on the world's largest digital asset exchange even if it finds wrongdoing in its probe, writes William Hicks. Despite Thai regulators filing a criminal complaint this month against Binance -- the world's largest digital asset exchange -- for operating without a licence, many users are determined to keep trading on the site and doubt the government's ability to prevent them from doing so. Binance may be the most popular cryptocurrency exchange in the country, surpassing its competitors such as Bitkub based solely on anecdotal evidence. While the company does not release data on how many users it has in Thailand, the largest Thai Binance Facebook group boasts more than , members. One uncertainty for traders is how the Securities and Exchange Commission SEC would stop trade on Binance if it moves forward with the criminal complaint. The exchange is subject to increasing regulatory pressure around the globe. In the US, Binance faces an anti-money laundering probe, while in the UK some banks have blocked fiat currency withdrawals from the exchange at the behest of the government. Binance has no official headquarters and domiciles in the Cayman Islands, making it difficult for even the most powerful global regulators to rein in the company.

How Do I Deposit/Withdraw Cryptocurrency on Binance

Platforms like Binance use their own token standards for coins within their own ecosystem. Always reference Newton's deposit instructions for the coin that you are depositing prior to sending funds. Ensure that the correct supported network is used and include a memo or tag if required.

Crypto giant Binance restricts 281 Nigerian accounts

Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. These offers do not represent all available deposit, investment, loan or credit products. Binance has positioned itself as a leader among cryptocurrency trading platforms around the globe, with the aim of making it easy for both beginners and experts to trade crypto while also enjoying competitive rates.

Ryan Haar is a former personal finance reporter for NextAdvisor. She previously wrote for Bloomberg News, The…. No matter where you buy it, cryptocurrency is a highly volatile , speculative investment. The original platform stopped accepting U. Since the introduction of Binance. US, which Binance has referred to in the past as a U.

The exchange is also one of the fastest platforms in the crypto market today. The exchange provides investors with one of the widest range of cryptos available in the market place today. With the broad range of cryptos on offer, Binance also delivers investors and traders with numerous ways to enter the market.