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Market information on 2021-12-21 14:05:22

Market capitalization: $ 2260 billion (+ 7.1%) 🔺 (against $ 2218 billion yesterday morning).
Weighted average Bitcoin rate $48897 (+0.26117103 %) 🔺 with a capitalization of $ 924 billion and a dominance index of 41%
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In terms of its regulatory status, Binance is regulated in Malta under its newly enacted Virtual Financial Assets (VFA) act. Other than this, Binance is not licensed by any other regulatory bodies. However, this isn’t to say that the platform does not comply with its anti-money laundering obligations. On the contrary, Binance requires all customers that plan to use fiat currencies to deposit and withdraw to go through a KYC process. Moreover, if you attempt to withdraw more than 2 BTC in a 24 hour period, then you will also be required to go through a verification process. It is also important to note that Binance is in the process of applying for regulatory approval in the US to launch a fully licensed exchange for US citizens. This means that it will need to ensure its regulatory endeavours are water-tight if it is to get the green light. So now that we’ve covered account security and regulation, in the next section of our review we are going to cover customer support. Customer Support at Binance. When the crypto-craze of late 2017 was in full force, Binance experienced a significant wave of new account applications. The throughput was so high that the platform had to temporarily suspend new registrations. With that being said, Binance has since increased its customer support team by a considerable amount. If you do need to make contact with somebody at Binance, you can submit a ticket request via your account portal. Alternatively, if you are using Binance Jersey for your fiat currency needs, then you can access a 24/7 live chat facility. Unfortunately, Binance does not operate a telephone support hotline. The platform does have a good presence on social media though. This includes Telegram and Twitter, so it’s well worth using these channels if you are yet to receive a response. Binance Margin Trading. The team at Binance recently introduced margin trading to its platform. You will need to apply for a margin account if this is something you’re interested in, which will include a disclaimer form indicating that you understand the risks involved. You will need to transfer Binance Coins to your maring trading wallet, which is essentially used as collateral against the funds you intend to borrow. Binance will allow you to trade at a margin rate of 3:1, meaning that if you have the Bitcoin equivalent of 1 BTC, you can effectively borrow 2 BTC. If you are engaged in margin trading and your margin balance falls below 1.3, then Binance will get in touch to let you know that a margin call is required to avoid liquidation. If your margin balance then drops down to 1.1, Binance will be forced to liquidate your trade, meaning you’ll lose your collateral. As such, you should only trade on margin if you have a firm understanding of the underlying risks. Binance Review: The Verdict? 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Top 30 coins at 2021-12-21 14:05:22
↗️+0.26 Bitcoin BTC $48897.4 $924493070403
↘️-0.24 Ethereum ETH $4008.58 $476340550119
↘️-0.25 Binance Coin BNB $529.46 $88313720797
↗️+0.03 Tether USDT $1 $76255608650
↗️+0.65 Solana SOL $181.44 $55944570896
↗️+0.61 Cardano ADA $1.26 $43122019231
↘️-0.02 USD Coin USDC $1 $42197942801
↗️+0.05 XRP XRP $0.89 $42214204411
↘️-0.72 Terra LUNA $83.75 $31087077470
↘️-0.46 Avalanche AVAX $117.74 $28635702271
↗️+0.91 Polkadot DOT $25.23 $24912587249
↗️+0.13 Dogecoin DOGE $0.17 $22655303074
↘️-0.5 SHIBA INU SHIB $0 $17589213375
↗️+3.91 Polygon MATIC $2.39 $16960617608
↘️-0.04 Binance USD BUSD $1 $14368638860
↗️+0.22 Coin CRO $0.52 $13147217292
↗️+0.12 Wrapped Bitcoin WBTC $48123.82 $12461183868
↗️+0.16 Litecoin LTC $153.86 $10652919573
↘️-0.07 Dai DAI $1.01 $9338384007
↘️-0.45 Uniswap UNI $14.85 $9326363307
↘️-0.01 TerraUSD UST $1 $9208079911
↗️+0.22 Chainlink LINK $19.31 $9017381576
↗️+0.89 Algorand ALGO $1.35 $8550178293
↗️+0.34 Bitcoin Cash BCH $436.93 $8272542265
↘️-0.03 TRON TRX $0.08 $8005976589
↘️-0.25 Stellar XLM $0.27 $6537158878
↗️+0.15 Decentraland MANA $3.27 $5958817354
↗️+0.09 FTX Token FTT $42.19 $5870326088
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