Can Binance be shut down?

Binance.sg, a fiat currency-to-digital token trading platform, will wind down operations and close by Feb. 13 , the company said, adding that it will stop accepting new registrations, crypto and currency deposits, and trading on the Singapore portal immediately.13 Ara 2021

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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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