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Step 4: Transfer Funds To Your Binance Wallet
Binance and Changelly are good places to exchange your BCN to any other cryptocurrency. If you want to exchange it to regular currency, trader BCN for bitcoin and exchange BTC into dollars, euro, or other currencies. This entry was posted in Blockchain & Digital Assets, Fintech, General News and tagged balance labs, bcn, binance, blockchain, certik, CHAT, crypto, ella zhang, ICN, TRIG. Bookmark the permalink. At the time of writing, Bytecoin is trading at 0.00179, down 19.55% in the past 24-hour period. Binance, the biggest cryptocurrency exchange with fees by 24 hour trading volume, just started a new era for altcoins that fail to deliver on their promises.
One of the largest reasons behind such a rapid growth was the high diversity regarding the offered digital coins on Binance’s platform. However, Binance also introduced some rather high listing fees, which also attracted a lot of negativity and criticism. On 8th May 2018, Bytecoin was listed on world’s biggest crypto exchange, i.e. Binance, and in a matter of 24 hours, its price rocketed more than 30 times. The trading volume also reached its all-time high of 600 million dollars. Typical bugs do exist in many cryptocurrencies, but instead of giving a chance to the Development team, to rectify the protocol, the Exchanges must not delist them as such. Bytecoin was very much renowned for its anonymous Transactions and was also one of the key coins, to be accepted by various porn websites as a payment method.
Bitcoin Price Gains: Did Bitcoin Mining Just Become Profitable Again?
At the time of this writing, over 99% of the coins are already in circulation. Sebastian’s success with Bitcoin and cryptocurrency trading started when he discovered BinBotPro. An automated trading software that functions through the use of high frequency trading.
This is achieved by multiplying the current price of the cryptocurrency against the total amount of coins in circulation. We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies. Trade has been dominated by the few exchanges where this cryptocurrency is currently listed, namely HitBTC and Poloniex. BCN volume has jumped in the past few hours from $5.4 million to just over $10 million as traders ride the upward wave. Its market cap is now $1.5 billion which is 50% higher than this time last week. I’d just like to add my story, I think others would like to hear it.
- On Tuesday, the exchange announced that they’re delisting Bytecoin , ChatCoin , Iconomi and Triggers .
- Will other exchanges be inspired by the market leader – remains to be seen.
- The other cryptocurrency in the list, which were to be discarded by the exchange operations were ChatCoin, Iconomi, and Triggers.
- The cryptocurrency coin was listed on various exchanges throughout the world.
- But due do to some technical issues, on October 9th, 2018, one of the leading cryptocurrency exchange, Binance issued an official statement marking the delisting of Bytecoin from its list.
Bytecoin is asecure, private, decentralized cryptocurrency with open source code that allows everyone to take part in the development of the bytecoin network. Bytecoin is a leading solution for those who want to maintain their financial privacy. Instant private transactions are sent all all over the world by the Bytecoin Network, they’re totally untraceable, and they don’t require any extra fees. Fiat currencies are assigned to specific territories while Bytecoin is tied to the Internet. A prominent Monero developer argues that 82% of Bytecoins were pre-mined before the project was released to the public.
All the more as of late, even Okex has been following the strides of Binance and declared that even they would delist Bytecoin from its activities as well. The genuine occasion occurred on 11 AM UTC on October 12, 2018.