Non intuitive website and poor customer service. Avoid and go to a more professional exchange. For a huge company they are very poor with POOR customer service. They have not given me access to my own funds for two days and deliberately drip feed stupid questions to drag out the issue. They ignore the questions you ask unless it suits them to answer. These guys are giving crypto a bad name.
Then, you need to choose which asset you would like to deposit and confirm the amount you want to lend. You will start earning interest as soon as the next Binance Smart Chain block has been found. To complete the process, bitcoin you will need to sign the transaction using your BSC wallet. To earn interest on your digital assets using Venus, you need to connect a Binance Smart Chain wallet to the DApp.
If the Bitcoin price continues to rise then it will be much easier for all miners to maintain profitability; however, btc if the price falls or is stagnant, with the decrease in mining rewards from the halving, many miners may have higher costs than profits.
being unregulated gives them a license to do what they want …. Frozen my account and will not let get my funds back .. Iv sent everything over they have requested,, bank statements, completion certificates , trading accounts from different exchanges, passport, driving license, ect. they are uncontactable only through chat , they are stealing peoples money on the excuse of safe guarding.. banks stopped customers depositing into binance. Every time you go on chat you get told something different.. I strongly advise to stay well clear , and can now understand why u.k.
This exchange started well when I first joined in early part of 2021 now they want KYC a full verification when I had already completed this in 2021 only a short time ago & you have to do the full verification again even if you just wanted to use the site as an exchange for depositing & converting crypto without using any fiat (GBP) I decided I won't be using them anymore !
Since purchasing, installing, and running specialized mining hardware is expensive, and new ASIC models are regularly released which renders old models obsolete, it is important to take into consideration these factors as well as your short and long term mining goals before making any hasty decisions. With the continued growth of the industry, there are a lot of options that can be used with either minimal or in depth knowledge.
BSC is different from Binance Chain because it supports smart contracts, decentralized applications (DApps) and is compatible with Ethereum Virtual Machine (EVM). DApp support means that people can launch decentralized finance (DeFi) projects on BSC. Also, BSC is cross-chain compatible, allowing users to transfer assets between Binance Chain and Binance Smart Chain.
Extremely awful service. I cant trade because it mentions that I am in a restricted jurisdiction when I am clearly NOT - AND BNB I have already verified myself top their satisfaction. This is now over 48 hours and the really awful tech support have not resolved the issue. A seriously incompetent tech support team. MacDonalds has a better customer experience and I dont understand how a platform like Binance can afford to offer such poor customer service.
PancakeSwap is an automated market maker (AMM) built on BSC that allows users to trade digital assets that run on BSC. Additionally, PancakeSwap allows DeFi investors to yield farm and stake crypto assets to (potentially) earn high APYs on their virtual asset holdings.
To make use of this feature, deposit Binance Coin (BNB) and the xWIN yield optimizer vault will automatically stake and farm in PancakeSwap to earn yields. The vault will auto-compound the farming returns by reinvesting them in the pool. The developers have integrated PancakeSwap into xWIN, crypto which means that users can stake and farm in this protocol.
Miners are compensated financially (with bitcoin as the reward) for ‘mining bitcoin’, and it is easier or harder to be rewarded based on how many other miners there are in the network. Bitcoin
mining commonly refers to the process of using specialized computer software and hardware to validate blocks of Bitcoin transactions.
My first exchange was Bitbns and i was pretty scared while investing but this exchange is very user friendly, Easy to understand. I entered the market with "Crypto is a scam!" phrase and mindset. Year after year the trust developed and by now believe me I dug into the whole team and Binance was mesmerized how Bitbns was created.
Never tell anyone your recovery phrase Never take a photo of your recovery phrase Never enter your seed phrase on a computer or smartphone Keep your seed phrase in a safe place Purchase it directly from Ledger.
It’s time to buy bitcoin! Then, with a free cryptocurrency wallet for bitcoin and other digital currencies, you can make your first purchase at the current price (the current market value). Once you select your exchange and set up your account, you’ll be able to use PayID or make a bank transfer with your pin code to add Australian dollars to your account.