Loan secured by cryptocurrency
bnb
- Thursday, February 16th, 2023
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A bitcoin backed loans secured by cryptocurrency work like a regular loans: the borrower borrows money for a set period and pledges value, in our case, cryptocurrency. When the term expires, the borrower is obliged to return the loan amount and interest in the same currency in which he borrowed it. A relevant question is Continue Reading
EU Tax for BNB (BNB)
bnb
- Friday, March 10th, 2023
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Binance Coin (BNB) is a cryptocurrency that is used to power the Binance cryptocurrency exchange. As more people begin to invest in Binance Coin, it is important to understand the tax implications of these investments. In this article, we will explore the EU tax implications for Binance Coin (BNB) and how to stay compliant with Continue Reading
How to sell BNB in Canada legally, in terms of taxes?
bnb
- Monday, February 6th, 2023
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The rise of digital currencies has been remarkable, with Bitcoin (BTC) leading the charge. But what about other cryptocurrencies such as Binance Coin (BNB)? The cryptocurrency ecosystem is abuzz with the potential of BNB and its ability to revolutionize global commerce. For those in Canada wondering how to sell BNB legally and in terms of Continue Reading
Tax Implications of Holding Binance Coin (BNB) in the United States: Understanding What You Need to Know About Your Obligations and Regulations
bnb
- Tuesday, January 24th, 2023
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Binance Coin (BNB) is a cryptocurrency created by the world-renowned Binance exchange. It has become increasingly popular among investors, traders, and businesses alike for its ability to facilitate quick and secure payments with low transaction fees. As such, many users in the United States are interested in understanding how BNB relates to taxes. To help Continue Reading
Binance Coin Price Prediction – drop by -9.93% and reach $ 248.68
bnb
- Tuesday, January 10th, 2023
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According to our current Binance Coin price prediction, the value of Binance Coin is predicted to drop by -9.93% and reach $ 248.68 by January 15, 2023. According to our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 26 (Fear). Binance Coin recorded 14/30 (47%) green days with 5.08% Continue Reading
Pros and Cons of Binance Coin
bnb
- Thursday, December 29th, 2022
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Binance Coin is used to pay for trading fees on the platform, and it can also be used to purchase other cryptocurrencies. Its tokenomics are designed to stimulate the growth of its network by incentivizing users with lower trading fees and other discounts when they use it as a payment method. Additionally, Binance Coin holders Continue Reading
Will this “worrying” Binance’s proof of reserves crash BNB further?
bnb
- Tuesday, December 13th, 2022
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The collapse of FTX brought a lot of caution around centralised exchanges. The collapse perhaps underlined the idea that no exchange was too big to fail. FTX was the second-largest exchange, valued at least $30 billion by early November. Two weeks later, FTX was under the bridge. Investors now feel exchanges need further scrutiny, especially Continue Reading
BNB Technical Analysis: drop by -13.79% ($250.31)
bnb
- Tuesday, December 6th, 2022
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According to our current Binance Coin price prediction, the value of Binance Coin is predicted to drop by -13.79% and reach $ 250.31 by December 11, 2022. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 25 (Extreme Fear). Binance Coin recorded 11/30 (37%) green days with Continue Reading
BNB Price Prediction: 2023 – 2031
bnb
- Wednesday, November 30th, 2022
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BNB Price Prediction 2023 After the analysis of the prices of BNB in previous years, it is assumed that in 2023, the minimum price of BNB will be around $452.85. The maximum expected BNB price may be around $557.11. On average, the trading price might be $468.83 in 2023. Price Prediction 2024 Based on the Continue Reading
Binance’s BNB Price History
bnb
- Tuesday, November 29th, 2022
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During the public sale campaign in 2017, 100 million BNB coins were made available at a price of approximately $0.15 per token (1 ETH for 2,700 BNB). The price of BNB increased drastically in the years following the ICO and quickly entered the list of ten largest digital currencies by market cap. Due to its Continue Reading