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A. Which one is better, Ethereum or Binance Coin

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Bijin Exchange: Comprehensive benchmark against Ethereum, BNB has risen< br />
08.0210:10
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Binance Coin (BNB) is a token issued by Binance. It was originally (July 2017) based on the decentralization of Ethereum. Blockchain digital assets. The total issuance amount is constant at 200 million. BNB will be destroyed every quarter according to the trading volume of the Binance platform in that quarter. The destruction record will be announced as soon as possible. Users can query it through the blockchain browser to ensure openness and transparency until it is destroyed. Until the total amount reaches 100 million BNB coins.

BNB is the cryptocurrency with the fastest price growth in recent years, even surpassing Ethereum. Today I will take you to fully understand the development, layout, ecology and value of BNB.


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BNB relies on Binance Exchange. Let’s first take a look at some data from Binance Exchange.

The English name of Binance “Binance” is based on the combination of the words binary (binary) and finance (finance). Since the beginning of 2018, Binance has been considered the largest cryptocurrency exchange in the world in terms of trading volume. The latest data from the official shows: the 24-hour trading volume of the Binance trading platform is 76 billion US dollars, more than 600 cryptocurrencies have been listed online, 90 million registered users trust Binance, and the lowest transaction fee is <0.10%,

The founder of Binance is Changpeng Zhao, a Canadian-Chinese entrepreneur. In 2013, I started to focus on cryptocurrency. In 2014, I sold my house in Shanghai and invested all my money in Bitcoin. In 2017, he left OKCoin, founded his own company Binance and served as CEO. In December 2021, with a net worth of US$90 billion (approximately 573.3 billion yuan), Changpeng Zhao surpassed Zhong Suisui, chairman of Nongfu Spring, the original number one on the list, to become the richest Chinese, and ranked among the top 10 richest people in the world. In 2022, the price of Bitcoin reached its lowest point since December 2020, and Zhao Changpeng's wealth evaporated by US$85.6 billion overnight.


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BNB’s initial value source: deduction of handling fees and repurchase mechanism
1. Preferential deductions for Binance platform transaction fees . For users who participate in transactions on the Binance platform, no matter what token they are trading, when they need to pay transaction fees, if they hold a sufficient amount of BNB, the system will give a discount to the required fee and convert it based on the current market value. Output the equivalent amount of BNB and use BNB to complete the payment of handling fees. Discount rates are 50%, 25%, 12.5%, 6.75% and no discount.

2. Buy-back mechanism. Each quarter, the Binance platform will be20% of the net profit will be used to repurchase BNB. The repurchased BNB will be directly destroyed. The repurchase record will be announced as soon as possible. Users can query it through the blockchain browser to ensure openness and transparency until the total amount is destroyed to 100 million. Until BNB.

BNB value upgrade: Binance Launchpad Binance version of Ethereum

Binance launched Binance Chain in 2019 (imitation EOS chain, non-Binance Smart Chain), but The effect is average and there are not many users. Binance Launchpad is a blockchain asset issuance platform launched by Binance. Binance Launchpad is a token issuance platform that aims to help blockchain projects raise funds. You can simply compare it to the Ethereum currency issuance platform. But Launchpad is also different. It relies on Binance's resource advantages in the fields of digital asset trading and blockchain to provide a full range of consulting services for projects to help them increase their influence in the cryptocurrency ecosystem.

For Binance, the existence of Binance Launchpad, while constantly creating dreams and empowering the world, also gives great vitality to the digital currency market. For BNB holders, every Every time Launchpad is opened, it is the driving force for the rise of BNB, and it promotes the holding and price of BNB. Binance is now not only an exchange, but also a blockchain ecosystem. Invest in incubation projects from Binance Lab, then conduct private placements on Launchpad, and finally go online on Binance Exchange, a complete one-stop service.

BNB value explosion stage: The rise of BNB Binance Smart Chain (BEP-20) (officially renamed BNB Chain)

2020 is the first year of the outbreak of DeFi. With the deployment and operation of decentralized projects such as Uniswap, MakerDAO, and Compound entirely on the blockchain network, people may have truly understood the changes brought about by "decentralization" for the first time, and subsequently, Ethereum The rapid expansion of blockchain network data volume and extremely high transaction fees. Although DeFi started on the Ethereum public chain, under the pressure of such high handling fees, it has indeed hindered the development of DeFi to some extent. The fee directly dispelled the idea of ​​​​retail investors getting involved in DeFi, so that for a period of time DeFi was only a tool for making money for large Ethereum investors and institutions.

Changpeng Zhao keenly sensed the opportunity and quickly launched the Binance Smart Chain by forking the Ethereum code and making slight changes. At the same time, he also guided the transformation of many domestic public chains, including the Huobi Ecological Chain. (Heco) and OKX’s OEC generally include three characteristics:

1. They all have smart contract functions, and project parties can develop applications based on smart contracts that are completely applied on the blockchain network.Projects used;

2. All can be seamlessly connected to the Ethereum Virtual Machine (EVM), which can be understood as making project transfer more convenient for projects developed based on the Ethereum network;

3. All have cross-chain functions to realize the transfer of assets on multiple chains.

The killer advantages of Binance Smart Chain over the Ethereum public chain are faster block generation, larger data processing capacity, and extremely low handling fees. Users can import the private key of Ethereum to quickly generate a Binance Smart Chain wallet. The address is exactly the same, and the gameplay and habits are the same as those of Ethereum.


Binance Smart Chain has enhanced its interaction with many DeFi projects in the Ethereum ecosystem, and at the same time encouraged more project parties to carry out project development on Binance Smart Chain. The most important thing is With the help of low handling fees, it has greatly lowered the entry threshold for retail investors, directly revitalizing the second round of development of the DeFi ecosystem. Not long ago, BSC (Binance Smart Chain) was renamed BNB Chain. What remains unchanged is that BNB Chain is still a community-driven, open source and decentralized ecosystem. BNB Chain ecosystem coordinator Samy Karim said, “BNB Chain will support large-scale applications including GameFi, SocialFi and Metaverse. From single chain to multi-chain, BNB Chain has improved the expansion solution and integrated the verification of the original BSC The number of nodes has been expanded from 21 to 41.”

PancakeSwap is the largest automated market maker (AMM) on Binance Smart Chain. Just like Uniswap and SushiSwap, users can exchange various tokens on PancakeSwap. currency. Venus is a lending agreement built on BSC, similar to Ethereum's Compound or Aave. It is a decentralized financial market that allows users to borrow or lend BEP-20 tokens at calculated interest rates.

So, Binance Smart Chain has also developed a set of DeFi functions that Ethereum has; Ethereum has EIP1559 on-chain destruction, and Binance Smart Chain has BEP-95, which destroys Binance Smart Chain (BSC) is used as fuel fee. Ethereum has the world's largest NFT trading platform OpenSea, and Binance also has its own NFT trading platform; of course Binance also has other businesses such as charity and payment.

Warren Buffett has a famous saying: Investing is investing in people. From some public news, CZ Twitter, and interviews, I think Zhao Changpeng is quite reliable; the most important point is that the platform has funds, users, and technology, and can seize every wave of hot spots and major trends. I am very optimistic about Binance Coin, what do you think?

B. The top ten virtual currency platforms

Take stock of the rankings of the top 10 international virtual currency exchanges! With the popularity of virtual currencies, more and more newbies in the currency circleStart investing in virtual currency. If you want to invest in virtual currency safely, you need to choose a virtual currency exchange. Currently, there are endless virtual currency exchanges on the market, but not many can survive. So, international virtual currency exchange Which ones are there? Below, the editor of the currency circle will give you an inventory of the ranking of the top 10 international virtual currency exchanges for investors’ reference.

Inventory of the ranking of the top 10 international virtual currency exchanges

1. Binance (Binance)

Binance has assets of US$3.07 billion and a total of 694 transactions Yes, the 24-hour turnover was US$11.692 billion.

Binance is a trading platform focusing on blockchain assets created by a group of digital asset enthusiasts led by former okcoin co-founder Changpeng Zhao (CZ). Founder Zhao Changpeng had constant disputes with his old employer Okcoin. He was not very optimistic about it at first, but later found that the platform's performance was quite impressive.

2. Huobi

Huobi has assets of US$4.797 billion, a total of 684 trading pairs, and a 24-hour trading volume of US$13.4 billion.

Huobi.com is operated by Beijing Huobi World Network Technology Co., Ltd. and was launched in September 2013. It is one of the world's leading Bitcoin trading platforms. On March 4, 2014, Huobi.com’s daily trading volume exceeded 260,000, and the transaction amount reached 1 billion yuan, setting a record among the global Bitcoin trading platforms. It is currently one of the Bitcoin trading platforms with the largest trading volume in the world. . On March 19, 2014, Huobi launched Litecoin spot trading.

3.OKEX

OKEX has assets of US$35.3506 million, a total of 535 trading pairs, and a 24-hour trading volume of US$7.113 billion.

OKEX is one of the world's famous international digital asset sites. It mainly provides spot and derivatives trading services for digital assets such as Bitcoin, Litecoin, and Ethereum to global users. It is affiliated to OKEX Technology Company Limited. When OKEX was founded, it received millions of dollars in angel investment from the startup workshop established by the world's top investor Tim Draper. Mr. Tim Draper's parents are also investors in the world's top companies such as Hotmail, Internet, and Tesla.

C. Digital currency exchange rankings

The digital currency exchange rankings from low to high include Bithumb, OKXE, Binance, BitMEX, and Binance. National station.

1. Bithumb

Bithumb is South Korea’s largest digital currency exchange and one of the top ten exchanges in the world in terms of trading volume. Its daily trading volume exceeds 13,000 Bitcoins, accounting for approximately 10% of the world’s Bitcoins. 10% of coin trading volume. It promises to provide the lowest fees in the world, and Bithumb holds 75.7% of the Korean Bitcoin market and 10% of the global Bitcoin market, while occupying 50% of the Korean Ethereum market.

2. OKXE

OKEX is one of the world's famous digital asset trading platforms, mainly providing Bitcoin, Litecoin, Ethereum, etc. to global users Spot and derivatives trading services for digital assets, affiliated to OKEX Technology Company Limited.

3. Binance

The Binance trading platform is a dedicated blockchain created by a group of digital asset enthusiasts led by former OKCoin co-founder Changpeng Zhao (CZ) Asset trading platform. The company is in Japan and supports Chinese. There are many currencies and large transaction volume. You can enjoy a 50% discount on transaction fees when purchasing BNB.

4. BitMEX

This is a platform from the Republic of Seychelles that supports leveraged trading and can operate cryptography with up to 1:100 times leverage. Currency derivatives trading, while also providing high leverage on other digital currency products. This platform is more suitable for more experienced investors.

5. Biying National Station

This is a global digital asset trading platform opened by a Chinese state-owned enterprise in Hong Kong. It uses multi-intelligent advanced technology to ensure the stability of transactions. It also provides trading services for digital assets such as Ethereum and HSR to users around the world. The main purpose is to provide customers with safe, convenient and compliant blockchain asset trading services.

Note:

1. Asset security is very critical, and your Bitcoins can be distributed through exchanges, online wallets, hardware wallets and paper wallets Or other currencies so that you don’t lose all your assets in the event of a hack or loss. Never put the secret key information in your email or other unsafe online software.

2. Whether it is EOS, ETC, BTC, LTC, etc., or other platform currencies, in addition to Bitcoin itself has been given the attribute of digital currency gold, other currencies are more related to The application of the blockchain industry is related to its implementation. Pay more attention and analysis to the trends and ecological construction of the blockchain industry. Only in this way can we return to the original intention of blockchain value investment, and it will also be a way to avoid risks.

D. I heard that the Binance platform is the number one blockchain asset trading platform in the world. Is this true?

Blockchain asset trading platform is still in its early stages. Yes, it doesn’t mean that if you rank first now, you will rank first in the future. Bitcoin China (BTCC), this digital currency exchange was once at its peak - once accounting for 80% of domestic digital currency trading volume, it eventually failed and exited the market.

According to coinsmart, there are currently more than 300 exchanges, and Binance is the top ten trading platform, but not the first.

E. Top ten exchanges in the currency circle

1.Huobi. Huobi has assets of US$3.896 billion, 830 trading pairs, and a 24-hour trading volume of US$13.168 billion. Huobi.com is operated by Beijing Huobi Tianxia Network Technology Co., Ltd. and launched in September 2013. It is one of the world's leading Bitcoin trading platforms.
2. OKEX OKEX has assets of US$35.3506 million, 635 trading pairs, and a 24-hour trading volume of US$6.079 billion. OKEX is one of the world's famous international digital asset sites. It mainly provides spot and derivatives trading services for digital assets such as Bitcoin, Litecoin, and Ethereum to global users. It is affiliated to OKEX Technology Company Limited.
3. ZBG. ZBG has assets of US$105 million, a total of 80 trading pairs, and a 24-hour trading volume of US$804 million. ZBG.com was established in Hong Kong in 2018. With innovative, efficient and global operations, ZBG has quickly become one of the top ten in the industry in a short period of time and is known as the new first-line international station. Currently, the platform supports access in seven languages ​​and provides services to 1.8 million crypto asset investors around the world. The average daily activity on the platform exceeds 120,000.
4. Binance. Binance has US$2.794 billion in assets, 796 trading pairs, and a 24-hour trading volume of US$9.165 billion. Binance is a trading platform focusing on blockchain assets created by a group of digital asset enthusiasts led by former okcoin co-founder Changpeng Zhao (CZ). Founder Zhao Changpeng had constant disputes with his old employer Okcoin. He was not very optimistic about it at first, but later found that the platform's performance was quite impressive.
5. TSLA Global. TSLA Global is a cryptocurrency exchange registered in the United Arab Emirates in October 2017. Assets are US$1.937 billion, with a total of 287 trading pairs and a 24-hour turnover of US$6.735 billion. It is the world's first global cryptocurrency trading platform using P2P format.
6. Bitflyer. BitFlyer has assets of US$1.555 billion, a total of 4 trading pairs, and a 24-hour transaction volume of US$74.2085 million. BitFlyer was founded in 2014 and is headquartered in Japan. Bitcoin trading volume ranks first in Japan.
7. BiKiBiKi has assets of US$12.8098 million, a total of 300 trading pairs, and a 24-hour trading volume of US$807 million. BiKi Group was established in 2018 and is headquartered in Singapore. It is a global blockchain digital asset trading service provider. Currently, the group's business includes spot trading, derivatives trading, digital banking, blockchain industry investment and other businesses. In China The market has more than 40% of the new market share of small currencies, and has operation centers in 7 countries including Singapore, China, South Korea, Vietnam, Japan, Russia, and Turkey.
8. KuCoin. KuCoin Assets 18567,600 US dollars, a total of 301 trading pairs, and a 24-hour trading volume of 123 million US dollars.
9. Poloniex. Poloniex has assets of US$115 million, a total of 173 trading pairs, and a 24-hour trading volume of US$35.6298 million.
Poloniex was established in 2014, commonly known as P network, and is one of the world's leading cryptocurrency international sites. The Poloniex platform offers a variety of altcoin services.
10. B network. Network B has assets of US$779 million, a total of 448 trading pairs, and a 24-hour transaction volume of US$896 million.
Bittrex, commonly known as B network, provides services for coins, US dollars and coins. Registration is very simple. Founded in 2015, Bittrex is an international Bitcoin site in the United States. It supports more than 200 trading pairs and has a daily trading volume of billions of yuan.

F. Revealing the world’s largest Bitcoin brokerage “Binance”

Musk’s popularity has made Bitcoin a public topic again. There is no doubt that Bitcoin is becoming a historic trend affecting world currency payments.

But in fact, the No. 1 trading platform in the currency circle is not Coinbase, but Binance.

In July 2017, Canadian Chinese Zhao Changpeng and former Vice President of Technology He Yi jointly founded "Binance", positioning it as a world-class blockchain asset trading platform, Binance's core team and investment consultants The team also consists of members from more than 50 countries and regions around the world.

Within 50 days since Binance was launched, its users have covered more than 180 countries and regions. Currently, Binance supports approximately 120 cryptocurrencies, and it is expected that new currencies will continue to be launched in the future, providing global investors with more diverse trading options.

Compared with the popular Coinbase, Binance also has its obvious advantages: it has an open trading platform with the largest number of investable currencies, allowing investors and traders to achieve flexible investment structures. Optimization and combination; the ecological empowerment value represented by Smart Chain (BSC), which can benefit nodes, token holders, developers and users, highlights the long-term value of its operating model; the former two It brings strong profitability to the core with a large number of high-net-worth users.

Because of this, after Coinbase announced its listing, traders and investors in the currency circle immediately turned their attention to Binance. How to seize the opportunity and share the dividends of Binance, which is still in its explosive period, has become one of the hottest topics in the industry.

"You have to keep your eyes on the court"

Bitcoin's market value has hit new highs recently, and it has been widely recognized by mainstream investment institutions.

Tesla announced that it had invested US$1.5 billion in Bitcoin in January this year and accepted Bitcoin as a payment method for the purchase of electric vehicles.. Musk also changed the avatar on his social media account to an anime character embracing the Bitcoin symbol.

Another big news comes from Goldman Sachs Group - Goldman Sachs has restarted its cryptocurrency trading department and will provide trading services for clients such as Bitcoin futures and non-deliverable forward contracts (NDF).

In China, big names in the investment community such as Dan Bin have also expressed their recognition of the investment value of Bitcoin and have begun to actively deploy it. A fundamental reason for attracting professional investors to switch from wait-and-see to actively entering the market is that Bitcoin is becoming a representative of digital currency. Its investment and trading properties are increasingly widely recognized. Its scarcity, long-term storage, and ability to be liquidated The value of multiple investments is emerging over time.

As a result, Bitcoin’s trillion-dollar market value is just the beginning. With the participation of companies, investors and the public from various countries, the value of Bitcoin transactions and investments will be further amplified.

The reason why Coinbase can create the "myth" with a valuation of hundreds of billions of dollars is that as a trading platform, its business volume and revenue will rise rapidly with the continuous increase in the scale and frequency of Bitcoin transactions. .

As the world’s largest Bitcoin brokerage, Binance, a Chinese-controlled trading platform, saw a 46% increase in the number of institutional account openings in 2020. With the Bitcoin bull market from the end of 2020 to the present, Binance’s trading volume continues to set historical records, and its 24-hour trading volume has surpassed A-shares.

If we compare Binance with Coinbase, we can clearly see the gap between the two.

Cryptocurrency spot exchanges are ranked and rated by CoinMarketCap based on traffic, liquidity, volume, and confidence in the reasonableness of reported volumes. Coinbase ranks first, with its 24-hour trading volume being almost 8 times that of Coinbase.

As of now, the market value of Binance Exchange's token "BNB" (similar to a brokerage stock) has become the third largest global digital currency after Bitcoin and Ethereum, with a market value of more than 39 billion US dollars.

In an interview with Bloomberg in December last year, Binance founder Changpeng Zhao predicted that the net profit for the whole of 2020 is expected to reach US$1 billion (6.4 billion yuan). Data shows that CICC achieved a net profit of 6.828 billion yuan to 7.552 billion yuan in 2020, which means that Binance’s net profit in the past year has been comparable to CICC.

Buffett once said: "Investors should consider the long-term development of the company rather than the short-term prospects of the stock market. Prices will ultimately depend on future earnings. In the investment process, just like in baseball, you must To keep the scoreboard rolling, you have to keep your eyes on the field, not the scoreboard."

Clearly, in the baseball game of Bitcoin, investors need to find the lead on the field.side, and Binance is clearly the slugger who hits the most home runs in baseball.

"The value of making shovels"

Like any emerging investment field, how to identify the most valuable industrial value links in this field is the key to maximizing investment returns.

As the world’s largest digital currency trading platform, Binance has the moat advantage of aggregating resources in the international currency circle; at the same time, Binance Smart Chain (BSC), represented by the Binance Smart Chain (BSC), assists nodes, token holders, The ecological empowerment value that both developers and users can benefit from can continue to attract all parties to settle in and achieve high activity and strong stickiness; Binance has industry leading advantages in terms of the number and quality of investment and transaction users in the currency circle. , and thus has impressively strong profitability.

More importantly, from currency listing to trading, Binance is creating a “one-stop service” for investors. Regarding the platform currency BNB, Binance co-founder He Yi clearly stated that "BNB is greater than Binance". Binance is not currently seeking to be listed. All value is bestowed on BNB, which has become its established strategy.

Binance has established an international development positioning since its inception, which not only allows it to quickly attract investors from all over the world, but also allows it to simultaneously capture changes in user needs in major markets around the world, thereby responding to Carry out continuous iterative upgrades yourself.

From a centralized trading service platform to a decentralized trading platform, from BNB to BSC, Binance’s sense of innovation and self-evolution in the currency circle are the key to its continuous catching up with its opponents.

In this regard, Binance is not only a "shovel seller", but also a "shovel maker."

Another "treasure" of Binance

Binance not only has the "value of making shovels" + exchange, it is also building a public chain.

Blockchains are usually divided into three categories: public blockchain, private blockchain and consortium blockchain.

The main difference between these three types of blockchains is that the public chain is open to everyone and anyone can participate; the alliance chain is open to specific organizational groups; and the private chain is open to a certain person or entity.

The reason why Ethereum is famous in the currency circle is that the Ethereum smart contract is the first project in the blockchain field to provide smart contract functions. The Bitcoin network is the earliest digital currency network. Its main function is for value transmission or payment value scale. Bitcoin itself does not have the function of a smart contract.

However, after the emergence of Ethereum smart contracts, a large number of projects appeared to use Ethernet smart contracts to issue their own tokens. A large number of projects ran on the Ethereum public chain, establishing Ethereum as a global No.The foundation of a large public chain.

A complete set of smart contract functions such as Ethereum has provided a great boost to the development of the entire digital currency ecosystem. This is the glory that Ethereum has achieved in history.

Currently, the leading public chain ETH (Ethereum) is the second largest digital currency in market value after Bitcoin. However, the bottleneck of ETH’s development is network congestion and high gas fees, while Binance’s public chain Chain BSC solves this problem very well.

There is no doubt about the technical capabilities of ETH, but projects and users have chosen to vote with their feet. BSC, which is faster and has lower GAS fees, has become a new choice for users. This change has also become a new choice between the Ethereum system and The fierce competition between BSC and BSC began. As the GAS on BSC, BNB also became the winner of this competition, and the Coinbase effect became the third largest digital currency in the world.

The competition between Binance BSC and ETH is very similar to Alibaba and eBay many years ago. For users, whether it is investment or other trading activities, choosing a platform that can provide a better user experience and lower usage costs is the starting point for their decision-making. Binance BSC made full use of its strengths in speed, fees, etc. to attack the "shortcomings" of ETH, and ultimately won the hearts of a large number of users.

This is another "treasure" of Binance, which also makes it equivalent to the sum of the enlarged version of Coinbase+ETH.

Conclusion

In the future development of the currency circle, how to define the investment value of a digital currency trading platform? The first is Binance’s technical capabilities. The authoritatively certified memory matching technology has a processing speed of up to 1.4 million orders/second, which is much higher than the industry average. This is an indispensable technology for the currency circle that emphasizes transaction response speed. Service infrastructure.

As a trading platform, Binance adopts strict selection criteria and only selects projects with good credit, large user base, and strong liquidity. The probability of a project being selected by Binance is 3%, which is lower than the admission rate of Harvard University. On this basis, Binance supports approximately 120 cryptocurrencies and 240 trading combinations. In terms of transaction quality and transaction openness, Binance has integration capabilities that other platforms cannot match.

In an era where the global currency continues to be over-issued, countless investors hope to find new investment opportunities to ensure the preservation and appreciation of their own funds and assets.

The continued rise of Bitcoin proves that more and more mainstream institutions are allocating crypto assets such as Bitcoin. People enter the world of crypto assets through Bitcoin and will eventually explore other assets in the field of crypto assets. , such as Binance Coin, second only to Bitcoin. As a provider of trading shovels and even further alchemy, Binance stands at the center of investment in the currency circle.

G. Top Ten Exchanges in the Currency Circle

Exchanges serve as a key player in the digital currency marketThe hub serves as a bridge to connect investors and project parties. There are ten commonly used exchanges in the global currency circle, namely: (1) Binance; (2) OKEX; (3) Huobi; (4) CoinbasePro; (5) Bitfinex; (6) Bittrex; ( 7) Kraken; (8) BitMEX; (9) Bitflyer; (10) Gemini.

1. Binance. Binance trading platform is a trading platform created by a group of digital asset enthusiasts focusing on blockchain assets. Headquartered in Tokyo, Japan, it is currently one of the most influential platforms in Chinese exchanges. Binance is composed of the fusion of "Binary" and "Finance", which means the integration of digital technology and finance.

2. OKEX. OKEx is one of the world's leading digital asset trading platforms. It mainly provides cryptocurrency and derivatives trading services for digital assets such as Bitcoin, Litecoin, and Ethereum to global users. It is affiliated to ACX Malta Technology Company Limited.

3. Huobi.com. Huobi Global Professional Station is an innovative digital asset international station under the Huobi Group that serves professional trading users around the world. It is committed to discovering high-quality innovative digital asset investment opportunities. It currently provides trading and investment services in more than 40 digital asset categories. Headquarters Located in Singapore.

4. CoinbasePro. CoinbasePro is headquartered in the United States and provides users with a secure platform to facilitate users to invest in various digital assets.

5. Bitfinex. Bitfinex is a digital currency trading platform owned and operated by iFinex Inc., which provides a variety of digital currency trading services, margin financing, and margin trading of Bitcoin and Litecoin. It currently occupies about 8% of the world’s digital currency trading platform market share.

6. Bittrex. Founded in 2014, Bittrex is a digital asset exchange in the United States. Domestic users call it "B Network" and provide currency transactions and U.S. dollar OTC transactions.

7. Kraken. Founded in 2011 and headquartered in San Francisco, Kraken is the Bitcoin international station with the largest euro trading volume.

8. BitMEX. BitMEX was established in the Republic of Seychelles and is the most advanced international Bitcoin derivatives site. It provides up to 100 times leverage for Bitcoin products and also provides high leverage for other digital currency products. BitMEX adopts the latest multi-factor security mechanism from the inside out, with high security performance.

9. Bitflyer. Bitflyer was founded by former Goldman Sachs employees and is headquartered in Japan. Since 2015, the company has launched a number of new services, including bitFlyerLightning, Bitcoin International Station designed for professionals, chainflyer blockchain browser, etc.

10. Gemini. Gemini is an international Bitcoin and Ethereum site founded by the Winklevoss brothers. It is a digital currency financial investment platform and custodian that allows customers to invest and store digital assets. It is directly regulated by the New York State Financial Services Department.

H. How long does it take to withdraw money from coinbase?

The money will be received within 24 hours on Mondays and Fridays, and within three days on Saturdays and Sundays.

Coinbase users are transferring their funds to wallets and exchanges that support Bitcoin Cash (BCC), causing delays in Bitcoin withdrawals from exchanges.

Coinbase, one of the world’s largest Bitcoin exchanges, has clearly stated that they do not support the BCC token created by the Bitcoin blockchain split on August 1. Coinbase's policy is to only support one version of Bitcoin.

Our policy is to only support one version of Bitcoin. In the process of determining which fork to support, we will look at various factors such as network size, market cap, and consumer demand. We took this decision seriously because supporting a new digital currency securely requires a lot of work from many teams.

However, many other exchanges and wallets have announced support for this new blockchain state and its tokens. When the User Activated Hard Fork (UAHF) activates at 12:20pm UTC on August 1, users of exchanges like Kraken, Bitfinex, and ViaBTC will all receive an equal amount of BCC. Fan Cong Chan

Coinbase introduction:

Coinbase was established in 2012 and is an American Bitcoin and other digital currency trading platform.

On the morning of January 21, 2015, according to U.S. Fortune reports, Bitcoin company Coinbase raised US$75 million in Series C financing. This is the largest financing received by a Bitcoin company as of January 21, 2015. On April 14, 2021, Coinbase was successfully listed on Nasdaq.