Get 50$ Gift Pack with P2P Program on BingXBy AZC News | 18 hours agoBingX exchange introduces a
Get 50$ Gift Pack with P2P Program on BingX
By AZC News | 18 hours ago
BingX exchange introduces a reward program worth up to $50 for investors who have never participated in P2P trading.Get 50$ Gift Pack with P2P Program on BingX
BingX cryptocurrency exchange introduces an enticing reward program for traders. You will receive a $50 Gift Package if you have never participated in P2P trading before.
Sign up for a BingX account here to receive additional benefits.
Event end time: 0:00 on February 26, 2024.
BingX offers a peer-to-peer (P2P) trading platform where users can directly buy and sell cryptocurrencies with each other. P2P trading on BingX provides a decentralized and secure way for traders to exchange digital assets without the need for intermediaries. With P2P trading, users have the flexibility to choose their preferred payment methods and negotiate prices directly with other traders. This allows for greater control and transparency in transactions, making it a popular choice for cryptocurrency enthusiasts looking for a hassle-free trading experience.
Learn more about the event here.
Related: Join the FIRE Airdrop with AZCoiner on BingX
Notes & Terms
1. Exclusively for users from Brazil, Turkey, Japan, United Arab Emirates, Saudi Arabia only.
2. Limited to users who have never engaged in P2P Trading prior to this event. Only P2P Buy orders are counted for the event; P2P Sell orders are excluded.
3. Rewards are issued within three hours upon task completion.
4. BingX reserves the right to the final interpretation of this event.
Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own researcBinance Delists a Series of Leveraged Tokens
By AZC News | 17 hours ago
Binance advises users to proactively convert their tokens in the delisting list into other assets before the deadline.Binance Delists a Series of Leveraged Tokens
According to the latest announcement, Binance will delist several leveraged tokens paired with Bitcoin (BTC), Ethereum (ETH), and BNB starting from April 3, 2024.
The affected trading pairs include BTCUP/USDT, BTCDOWN/USDT, ETHUP/USDT, ETHDOWN/USDT, BNBUP/USDT, and BNBDOWN/USDT. Binance will also suspend trading services for these leveraged tokens at 06:00 AM on February 28th (UTC).
Here is the schedule for the delisting of leveraged token pairs.
Register for Binance's cryptocurrency trading to receive various benefits here.
Binance will automatically cancel all transactions related to these tokens at the specified deadline. The exchange will gradually delist and stop buying back tokens from April 1st to April 3rd. Users can swap tokens before the delisting date.
In case users do not actively swap their tokens, the exchange will convert the balance into USDT based on the token price on the delisting date. Binance will distribute the tokens to users' accounts within 24 hours and remove the leveraged tokens from wallets.
Binance's leveraged tokens are derivative products that allow investors to have leveraged exposure to the associated cryptocurrencies. These tokens represent a basket of perpetual contract positions and are affected by price fluctuations in the perpetual contract market.
Related: Binance Announces Listing of Starknet (STRK)
Leveraged tokens are a type of derivative product that enables users to access leveraged positions without collateralizing assets or relieving liquidation risks.
Despite the numerous benefits, Binance still warns that leveraged token trading often comes with other risks such as market volatility, price discrepancies, and various fees.
Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own researeBay's Rumored Exit from Crypto NFT Market Raises Questions
By AZC News | 17 hours ago
eBay trims KnowOrigin's NFT marketplace team, with founder David Moore stepping back.eBay's Rumored Exit from Crypto NFT Market Raises Questions
Recent updates circulating in the town indicate that eBay, the prominent e-commerce entity, is contemplating an exit from the NFT market, a mere two years after its acquisition of the Manchester-based NFT Marketplace, KnownOrigin. Insiders with knowledge of the situation reveal that eBay has severed ties with almost 30% of its Web3 team.
The Path of Uncertainty for eBay's Web3 Division
eBay's venture into the realm of non-fungible tokens (NFTs) has encountered turbulence, signaling a shift in the company's Web3 strategy. The sudden departure of key personnel and reported tensions with NFT marketplace KnownOrigin have shrouded the future of digital collectibles on eBay's platform in uncertainty.
Just a year and a half ago, eBay made waves by acquiring KnownOrigin, a Manchester-based NFT marketplace, marking a significant entry into the flourishing NFT space. Following the acquisition in June 2022, KnownOrigin's team and intellectual property seamlessly integrated into eBay's Web3 division, strengthening existing collaborations with companies like OneOf, a green Web3 firm specializing in Music NFTs.
However, eBay's Web3 aspirations seem to be undergoing a transformation. In an unexpected twist, Stef Jay, the division's business and strategy officer, has reportedly resigned, and David Moore, one of the founders of KnownOrigin, is no longer actively involved. Sources informed NFTGators that tensions between eBay and KnownOrigin have escalated, casting doubt on the future of NFTs on the platform. The insider disclosed:
Internal Discontent at eBay: A Leadership Conundrum
A pervasive sense of discontent has taken root within the company, with many attributing the recent layoffs to a perceived lack of leadership and strategic direction. Criticisms, even from senior echelons, have surfaced, casting doubt on the qualifications of the current head of Web3 and eBay's strategy team.
Related: What is Pixels (PIXEL)? An NFT game on Ronin
Navigating the Shifting Tides of the NFT Market
Following a substantial surge during the 2021 bull run, the NFT market encountered formidable challenges amidst the crypto winter of 2022. However, recent months have witnessed a resurgence, with newcomers like BLUR challenging the once-unassailable dominance of platforms like OpenSea.
As the Bitcoin bull run is anticipated to persist in 2024, the NFT market is poised for a revival. Over the past two years, the NFT landscape has evolved significantly, enabling digital artists to autonomously create their NFTs on various platforms. Let's delve into the anticipated trajectory of the NFT market in 2024 and explore some of the prominent NFT marketplaces currently shaping the industry.
Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.ch when making a decision.h when making a decision.
