![]() ![]() ![]() This lawsuit came just one day after the SEC sued Binance, the world's largest cryptocurrency exchange, for operating a “web of deception.” It claims that the exchange inflated trading volumes, mishandled customer funds and lied about its operations. The Commission also identified possible violations of securities law in the company’s crypto staking service. The SEC says in a lawsuit filed on June 6th that the exchange has been acting as the middleman since 2019 in trades for at least 13 crypto assets that should have been registered as securities. Most recently, Coinbase has landed in hot waters for evading disclosure requirements meant to protect investors. This crackdown comes in the wake of several high-profile failures that shook the industry starting in 2022. What’s going on with the crypto industry?Īmid a broad crackdown on the crypto industry by the Securities Exchange Commission (SEC), numerous organizations are currently under the spotlight. Read on to learn about the best cryptocurrency exchanges, how they work, and which one you should pick. Some exchanges offer the most competitive prices or speeds, whereas others provide specialized financial products. They are necessary for digital assets to be traded at the scale they are today. ![]() $0 commission fees on stocks and funds crypto transaction fees range from $0.49 to $6.29 or 1.25% of the order amountĠ.00% / 0.001% for Stable Pairs 0.40% - 0.00% / 0.60% - 0.05%Ĭrypto exchanges are where traders can buy, sell and convert different cryptocurrencies and NFTs (non-fungible tokens). Uses elevated account limits to verify a buyer's integrity, but not their identity No trading or spread fees on accounts with under $1000 in monthly trade volume Platform rewards users for consuming educational materialĪAA, three star-ranking on the Cybersecurity Ranking and CERtification Platform 10/10 Trust Score on CoinGecko Binance.US shall not be liable for any consequences thereof.īinance.US reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.Commission-free and social platform to discuss strategy with other investors The ownership of any investment decision(s) exclusively vests with you after analyzing all possible risk factors and by exercising your own independent discretion. Binance.US does NOT provide investment, legal, or tax advice in any manner or form. We make no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability, or completeness of any such information. All information is provided on an as-is basis and is subject to change without notice. ![]() Legal disclaimer: This material has been prepared for general informational purposes only and should NOT be: (1) considered an individualized recommendation or advice or (2) relied upon for any investment activities. However, You still have the option to sign up now and be the first to know when we are coming your way!ĭownload the Binance.US app to trade on the go: iOS | Androidįollow us to stay up to date with Binance.US news and announcements: Unfortunately, Binance.US accounts are currently NOT available to users residing in the following states: ![]()
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