News Update: 04/11/19

Let the world know

              1.Binance.US Now Lets Users Buy Cryptocurrency With Debit Cards

              2.Monero Futures Begin Trading on Dubai-Based Crypto Exchange


1.Binance.US Now Lets Users Buy Cryptocurrency With Debit Cards

Binance’s American Arm, Binance.US, has  declared that Customers of the United States-based branch of major crypto exchange Binance, Binance.US, would now be able to buy cryptocurrencies using their debit cards. The announcement  is published via official blog post .


According to the announcement The exchange  will now offer its customers the possibility to buy cryptocurrencies with a debit card, This is another expansion to the existing payment systems that include ACH and bank wire for USD on-ramps and off-ramps.


Binance Debit Cards


The token postings on the trade have  additionally expanded from simply beginning with seven to now 24 viz. Bitcoin (BTC), BNB, Ethereum (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC) and Tether (USDT), Algorand (ALGO), Basic Attention Token (BAT), BUSD (BUSD), Cardano (ADA), Chainlink (LINK), Cosmos (ATOM), Dash (DASH), Dogecoin (DOGE), Ethereum Classic (ETC), IOTA (IOTA), NEO (NEO), Ravencoin (RVN), Stellar (XLM), Waves (WAVES) Zcash (ZEC), and 0x (ZRX). This brings the total tally of trading pairs to 40 for US users.


The USD deposits on the platform are also made eligible for FDIC insurance coverage to a limit of $250,000. Binance.US has increased its daily volumes to over $15 million.


Binance said that it intends to grow its product suite in the coming months, aiming to “lower barriers to entry for new and existing users.”


2.Monero Futures Begin Trading on Dubai-Based Crypto Exchange

Dubai-based multi-currency and spot/futures trade, BTSE, has launched Monero (XMR) futures trading, a privacy-focused digital currency. which initiated trading on 31 October according to the News published via Blog post


This makes BTSE one of the first and only exchanges in the world to offer Monero futures. Thus, making the world’s biggest security coin accessible for trading along with 6 other crypto and 8 fiat currencies.


BTSE post stated: “We accept that Monero (XMR) brings a great deal of worth to BTSE. We’re also excited to offer an additional option for traders and with that, a new gateway for added liquidity within the Monero network.”

 Monero BTSE


BTSE offers up to 100x leverage on Monero futures:

On BTSE, you trade Monero Futures 2.0, the most advanced futures on the market: flexible, customizable, personalized.


The exchange is authorized by the Department of Economic Development, Government of Dubai and is under the guidelines of the Central Bank of United Arab Emirates, as expressed by means of their site.


BTSE CEO commented on the listing:

In posting Monero, we want to think  not only to give our users with more choice when it comes to their trading needs, but to spark a conversation on how to list privacy coins in a regulatorily-compliant fashion.


About Monero

Monero (XMR) is one of the most prominent privacy coins. It benefits from advanced cryptographic obfuscation mechanisms which make all transactions confidential to the extent that only the sender and the recipient are able to see the amount sent and other data.

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