3commas will allow the users to trade cryptocurrencies by benefiting from the Binance’s platform and its functionality along with its liquidity. As we are about to read in the Binance news today, the company operates a crypto trading platform that features automated trading and smart trading and has now officially become the first broker partner.
Binance launched the program back in September 2019 with the goal to support crypto brokers worldwide. The goal was to recruit up to 100 broker partners that offer crypto trading services via API application programming interface. As a part of the program, Binance will provide 3Commas with order matching solutions, trade settlement systems and account management so the traders will be able to leverage Binance’s liquidity and market depth in order to pay for the trading fees only.
As for binance itself, it does not need any introduction since it is the most advanced crypto exchanges out there, run by Changpeng Zhao. The platform is able to boas one of the largest daily trading volumes figures in the world. By opening an account with 3Commas, the traders can instantly connect with one of Binance’s platforms as well. The 3c.exchange merges the 3Commars features with Binance infrastructure and liquidity which is a unique combination that allows the users to customize their experience. Some of the main features include:
An intuitive dashboard is included for enabling the traders to control every aspect of their trading process. The users can use the dashboard to manage the smart trades, crypto portfolio, and bots. By using the SmartTrade features the traders can improve the manual trading experience by choosing from multiple tools like Trailing Stop Loss, Trailing Take Profit or place Take Profit and Stop Loss.
The bots can also help the users to automate their trading by applying different algorithms and settings. Besides, the 3c.exchange platform hosts the Tradingview chart which comes along with a lot of technical analysis tools and view modes that are quite useful. If you go for the 3c.exchange, you can benefit from all of these features and never worry about liquidity. Along with Binance, 3commas users can trade at any moment with any amount while paying no costs.
Fiat-To-Crypto Trading For The Vietnamese Dong Open On Binance
‘’Binance is committed to providing our global users with more convenient fiat gateways and easy access to cryptocurrency, and our P2P service aims to lower the barriers to entry to the crypto world. We are pleased to introduce fiat-to-crypto P2P trading services to Vietnamese users to flexibly trade cryptocurrency at low costs.’’The number one exchange platform continues to expand and in a couple of years, it managed to prove that it is possible for an exchange platform to become a renowned and reputed organization with continuous growth. Some of the reasons for that are the strive to comply with the existing regulation in the countries they operate within. For example, in 2019, Binance prohibited all US-based traders from using their main exchange because of the legislation in the country. However, shortly after they created a designated platform that is compliant with all of the US laws and allowed traders to take advantage of that situation.The exchange is also doing a lot of hard work in the area of futures trading since just a few weeks ago, Binance supported only BTC for futures trading but has since added a lot more cryptocurrencies including EOS (EOS), Ethereum (ETH), Bitcoin Cash (BCH), Ripple (XRP), Tron (TRX), Chainlink (LINK), Ethereum Classic (ETC) and Stellar (XLM). Binance is still the preferred choice for traders across the world, making it easy for the company to expand in all parts of the globe.
Z Corporation Partners With Binance, BNB Expansion In Asia Continues
Binance CEO Addresses Compliance As Key For Crypto Climate In Japan
“We are looking forward to our joint efforts with Z Corporation/TaoTao in bringing our services to Japan. Foremost, we want to ensure that we work in full compliance with Japanese laws and regulations where local and global standards function as a key role in establishing sustainable development industry-wide and greater public adoption.”As Binance CEO addresses compliance, we can see that this comes as a follow up from the January 14 decision by the Financial Services Agency (FSA) which proposed lowering the leverage rate limit of cryptocurrency margin trading from 4x to 2x. The revised versions of the Payment Services Act and the Financial Instruments and Exchange Act, will be enforced in April.The Binance news also show that as per the exchange, all parties in this partnership would work with the agency. The exchange said:
"Through licensing Binance’s cutting-edge technologies, Z Corp and TaoTao will collaborate with the Financial Service Agency to ensure full regulatory compliance in the Japanese market."Meanwhile, Binance yesterday announced that the exchange will gradually restrict access to residents of Japan. There has not been a clear response as to why this is happening and currently, the Japanese traders still have full access to the platform.While Binance CEO addresses compliance as key in Japan, its move in United States from last September shows that the exchange restricted the residents of the US from accessing Binance.com and instead launched Binance.US in a partnership with BAM Trading Services.
Binance Will Restrict Access To Japan Residents
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