Is Binance still good?

Is Binance Safe? Binance is considered a safe exchange that allows user account protection via the use of Two Factor Authentication (2fa). On May 7, 2019, Binance experienced a major hack which resulted in 7000 Bitcoins stolen from the exchange.

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Can I make money on Binance?

The first step, find cryptocurrencies available on both Binance Spot and the P2P market. Next, go through each currency till you find a profitable price difference. Once you’ve found a suitable price difference, the final step is straightforward—buy low and sell high .

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Is Binance fake?

Did you Know? Binance is the “largest unregulated virtual currency exchange ” where Pakistanis are investing millions of dollars, it said. On December 20 last year, the agency received several complaints from people across the country, who had lost billions of rupees while operating from certain mobile apps.

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