Crypto Trading

Binance, one of the most popular crypto exchange networks, recently announced a possible delisting of all FXT leverage tokens, including their pairs. The FXT leverage tokens are just a recent addition in Binance, but now Binance, citing complexity, decided to remove the token.  The delisting of the FXT leverage tokens will start precisely on 31st March at 10:00 a.m. All users got the freedom to trade out their tokens 2 hours before this announcement. The platform will refund all holders…

Crypto Swap services present an efficient and cumbersome-free way of swapping crypto based on different blockchain networks. Without these services, crypto traders would have to create an exchange, sign in and place an order whenever they want to switch cryptos. This would have been an incredibly inept process, let alone the time spent swapping crypto. In addition, traders would be required to create multiple accounts and go through the verification and security procedures before being granted the go-ahead to transact on…

The blockchain-based web browser Brave signed a new partnership with cryptocurrency exchange Binance, allowing its users to trade directly on Binance. Recently Brave launched its cryptocurrency, known as the Basic Attention Token (BAT). The partnership made BAT jump over 13% on the day while BNB traded in fiat. Brave integrated Binance API to enable users to get seamless and instant access to the Binance account, buy, sell and receive cryptocurrencies supported by the exchange right from the new tab page…

Bitfinex, a major digital currency exchange, announced on Tuesday the deployment of Shimmer, a proprietary surveillance tool to combat market abuse on the crypto trading and promote orderly trading. Bitfinex is a popular crypto trading platform for integrating the latest innovative tech to deliver high-performance trading solutions to its users. Paolo Ardoino, CTO at Bitfinex, said on Twitter that Bitfinex has chosen to develop its state-of-the-art surveillance system to meet the complex demand of an evolving digital asset class and…

There has been a recent surge in products and platforms providing DeFi services. Decentralized Finance, commonly referred to as DeFi, denotes any financial service offered on a blockchain, usually Ethereum smart contracts. An example of DeFi services and solutions is Over-the-Counter (OTC) cryptocurrency, which has witnessed enormous growth marked by a substantial increase in volume and clients across the globe in the past three years. Bloomberg's recent report established that OTC turnover in 2018 amounted to more than 5.47 trillion…

87 crypto pairs trading on the Bitfinex exchange are staring at the chop. The exchange outlined plans to delist them owing to their low liquidity levels. The move is effective March 26, 10:00 AM UTC Optimizing Trading Experiences According to Bitfinex, the decision was informed by the need to consolidate and improve the exchange's liquidity. Additionally, the move will streamline and optimize trading experiences for its customers. The firm holds that it took the decision after tracking the affected pairs…

Before buying any cryptocurrency, you must decide if you want to be an investor or a trader. Familiarizing yourself with the difference will save you from massive loss. The worst thing you could do when entering crypto markets is an investor who thinks like a trader or vice versa.  People can use the coins to purchase goods or services, buy and hold cryptos, diversify their portfolios, or buy and sell cryptocurrencies to profit from short-term price movements. These participants use…

Huobi DM, the futures trading platform of Huobi exchange has recently announced the launch of a new liquidation mechanism to systematically minimize user exposure should prices become too volatile. The platform is introducing these new measures to provide users with a safe, secure and reliable trading experience. In order to help users hedge against liquidation risks, the derivatives platform now provides partial liquidation. This new mechanism gradually reduces a user’s positions, instead of fully liquidating them in a single event.…

In the past, financial trading took place over the phone, where you had to call your broker to execute a trade on your behalf if you wanted to buy stocks. However, during this post-internet age, the application of technology has moved the buying and selling of financial securities online. In addition, it has advanced the process in many ways, like creating and using APIs. The introduction of Bitcoin led to the birth of Crypto APIs. Since then, the APIs have…