Binance.com Review 2020 - NEW! Best Bitcoin Exchange 2020

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CryptoCurrencies

We're Crypto Reddit's Fiji water in a desert of censorship and agendas. Arguably Reddit's best source for uncensored cryptocurrency news, technicals, education, memes and so more!
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VIBERATE - Decentralized music talent marketplace

VIBERATE is the only music platform where Artists, Venues, Events, and Festivals are all connected into a global network. Joining over a million up-to-date profiles, the platform allows music industry professionals to track performance, showcase their work, and explore vast new business opportunities.
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@cz_binance: These early companies investing in #bitcoin will be handsomely rewarded in the long run. 👏 https://t.co/oaSA6JrfUH

@cz_binance: These early companies investing in #bitcoin will be handsomely rewarded in the long run. 👏 https://t.co/oaSA6JrfUH submitted by rulesforrebels to BinanceTrading [link] [comments]

@cz_binance: Who's going to be the 3rd public company to hold #bitcoin in treasury?

@cz_binance: Who's going to be the 3rd public company to hold #bitcoin in treasury? submitted by rulesforrebels to BinanceTrading [link] [comments]

@cz_binance: #Bitcoin will have to represent a significant portion of many company's cash reserves soon. 🐂 https://t.co/Z8DJldRsyK

@cz_binance: #Bitcoin will have to represent a significant portion of many company's cash reserves soon. 🐂 https://t.co/Z8DJldRsyK submitted by rulesforrebels to BinanceTrading [link] [comments]

@cz_binance: Smart publicly listed company buys $250,000,000 worth of #bitcoin, as a safe heaven asset. Stimulus money flowing from Wall Street into #bitcoin. Are you in front or behind them? https://t.co/1FYLZERjkS

@cz_binance: Smart publicly listed company buys $250,000,000 worth of #bitcoin, as a safe heaven asset. Stimulus money flowing from Wall Street into #bitcoin. Are you in front or behind them? https://t.co/1FYLZERjkS submitted by rulesforrebels to BinanceTrading [link] [comments]

Tod's workshop, a great channel for medieval weapons etc seems to have been taken over by a bitcoin company called "binance english"

Tod's workshop, a great channel for medieval weapons etc seems to have been taken over by a bitcoin company called submitted by Raidars to videos [link] [comments]

Rushing To Buy Bitcoin, Binance Vs Ethereum, Libra Kitties, Bitcoin DeFi & BTC Oil Company

Rushing To Buy Bitcoin, Binance Vs Ethereum, Libra Kitties, Bitcoin DeFi & BTC Oil Company submitted by Thornsb to BLOCKCHAINEDNews [link] [comments]

Big news are coming in from Blockchain industry, how a crypto-data company like coinmarketcap in less than a decade valued and acquired for around 300 to 400 millions. Lot to happen in greatest transfer of wealth in human history. #Blockchain #Bitcoin #Crypto https://bitcoinnews.com/news/binance

submitted by yangglobal to u/yangglobal [link] [comments]

@cz_binance: RT @JarredWinn: Very pleased to announce that in only a couple days, more than 10 companies have already made a pledge to join the #CryptoAgainstCOVID Alliance! DM me or to learn more, click here: https://t.co/Gt0Ik48Jkj #blockchainforgood #binance #binancecharity #bitcoin #charity

@cz_binance: RT @JarredWinn: Very pleased to announce that in only a couple days, more than 10 companies have already made a pledge to join the #CryptoAgainstCOVID Alliance! DM me or to learn more, click here: https://t.co/Gt0Ik48Jkj #blockchainforgood #binance #binancecharity #bitcoin #charity submitted by rulesforrebels to BinanceTrading [link] [comments]

"Many bitcoiners think that the #Bitcoin volatility will disappear, but that won’t happen." Max Carjuzaa, #MoneyOnChain CEO. It was a pleasure to participate in La Conexion 2019 together with important companies from the ecosystem, such as Binance or RSK Smart Contracts

submitted by Maritu_ to MoneyOnChain [link] [comments]

@cz_binance: In Jan 2016, Chairman of Central Bank of China says Blockchain is important. Bitcoin companies in China suddenly all became blockchain companies. And thankfully (for me), price started to recover, and lead into the #altszn in 2017, as well as $BTC ATH again at $20,000 in Dec.

submitted by rulesforrebels to BinanceTrading [link] [comments]

A section of the hearing for David Marcus, the Facebook executive who leads the company's blockchain team "Libra" #bitcoin #ethereum #cryptocurrency #trading #litecoin #money #binance #bisnisonline #freemoney #platform #wallet #myeherwallet #Finance #Libra #Facebook #clibra #visacard #mestercacd #

A section of the hearing for David Marcus, the Facebook executive who leads the company's blockchain team submitted by seif_dz to u/seif_dz [link] [comments]

@WSJ: Binance discovered that 7,000 bitcoins were stolen from a single wallet, amounting to roughly 2% of the company’s total bitcoin holdings https://t.co/ZD6tZuyLpG

submitted by -en- to newsbotbot [link] [comments]

ceo_of_binance takes a picture outside "The Authentic Bermuda Shorts" company and Bitcoin is projecting it as "introduced to Bermuda Shorts by Bermuda Development Agency" - Please tell me they were really joking...

ceo_of_binance takes a picture outside submitted by dcfrenchstudent to Buttcoin [link] [comments]

"Binance’s co-founder He Yi dismisses the sci-fi-esque claims of a Chinese media platform that the company plans to build its own crypto nation on a private island https://t.co/bx7lCzkW5P" $btc $ltc $neo $eth #btc #bitcoin #crypto #ethereum

submitted by fcukjerry to BitcoinDayTrade [link] [comments]

The CEO of Binance, a company with $200M yearly revenue, at a press conference /r/Bitcoin

The CEO of Binance, a company with $200M yearly revenue, at a press conference /Bitcoin submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Best exchange to buy Bitcoin in India?

Hey guys, pretty new to this. There seem to be quite a few - zebpay, coindDCX etc. Which one have you used and recommend?
submitted by cbsudux to BitcoinIndia [link] [comments]

02-19 09:33 - 'I was looking for a way to use me BTC and got to this site - ordered the credit card a few days ago and now im waiting for it to arrive. the company is trusted by Binance and Poloniex so I guess its not a scam' (allcoinpay.co) by /u/CryptoDave99 removed from /r/Bitcoin within 64-74min

I was looking for a way to use me BTC and got to this site - ordered the credit card a few days ago and now im waiting for it to arrive. the company is trusted by Binance and Poloniex so I guess its not a scam
Go1dfish undelete link
unreddit undelete link
Author: CryptoDave99
submitted by removalbot to removalbot [link] [comments]

Binance enters strategic partnership with global financial technology company that provides trading services for Bitcoins and FIAT

Binance enters strategic partnership with global financial technology company that provides trading services for Bitcoins and FIAT submitted by MisterrMclovin to CryptoCurrency [link] [comments]

[Serious] How to deal with Crypto Tax 2020?

First of all, please upvote for visibility + more opinions - this concerns all of us. Also, if you're stupid enough to think you'll get away with avoiding tax's despite KYC'ing to Coinbase & Binance don't bother commenting. News flash! you're gonna end up paying that tax in the long run + huge fines eating into your gains (or even putting you into debt).

Anyways... I started investing in 2017. As a noob I did what most people did, chased multiple shitcoins, bought and sold various different pumps getting wrecked along the way. Then towards the end of the year, my portfolio increased significantly... but I DIDN'T sell - so I didn't "crystalise" any gainz. (I sold a couple hundred here and there during hard financial times, but I'm guessing nothing close to the free capital gains allowance).
Fast forward just over 2 years, since then I've been buying BTC/ETH/XMR on a consistent basis. It's getting to the point where if I were to sell enough of my stack, I'd owe tax as it'd be over the "allowed" CGT threshold.
That leads me to my question... how the fuck are you supposed to calculate capital gains tax when it comes to crypto? For the past 3 years I've traded in and out of alt-coins on multiple exchanges (some of which don't even exist anymore). It would be easy if it was just FIAT IN vs FIAT OUT, but the fact that CRYPTO to CRYPTO is considered taxable just makes it a nightmare! On top of that I did some freelance work (paid in BTC) which adds to the complexity.
Take another example of what confuses me: Say I bought 1BTC on Coinbase in 2017, then 1BTC on Kraken in 2018, then 0.5BTC on Coinbase again in 2019, and hold them all in the same wallet. Then if I were to sell 0.5BTC in 2020, what Bitcoin was actually sold? Half of the 1 BTC bought in 2017? Is it FIFO?
I genuinely don't know where to start and need help. I don't want to be in a shitty situation (for example some massive 2017-esque bull run happens just before the end of the tax year and I decide to cash out and have 3 days to sort shit out). I want to be prepared.

I've come across services such as https://www.cointracker.io/ /https://bitcoin.tax/ etc but feel really hesitant to give quasi-unknown companies full read access to my wallet addresses, portfolio amount, personal email address etc. Privacy is key in the crypto space and I don't want another attack vector especially after seeing much more established companies such as Ledger fucking up (idiots) and losing my personal data.
What do I do? I've even thought of selling EVERYTHING to FIAT and immediately buying it all back and taking whatever fine comes my way on the chin just so I can clearly track crypto transactions and not have to stress about it.
If anyone has experience with crypto tax's please share any information that may be valuable to me/all the many others that are in the same situation as me.

TL;DR: Bought loads of Bitcoin and Shitcoins throughout the past 3 years, finally starting to total up to an amount that'd be taxable if I sold a chunk - dafuq do I do regarding Taxes?
submitted by finbar93 to Bitcoin [link] [comments]

Where is the best place to buy bitcoin in Europe?

Hi, where is the best place to buy bitcoin in Europe?
submitted by vasco-- to Bitcoin [link] [comments]

Warning - Buying Bitcoin through TrustWallet - misleading quotes - high fees

Hi all,
Usually I use Cashapp to buy my Bitcoin (weekly, I DCA) and then I store in in Trustwallet, which is a mobile wallet owned by Binance.
I noticed they added a "buy BTC" option directly in the TrustWallet app, so I gave it a shot.
Unfortunately, they outsource the actual crypto buying process to a sketchy company, which uses misleading tactics.
As you can see from this screenshot: https://i.imgur.com/eknji0Z.png
US$5000 was to purchase 0.41635 BTC, an amount that I'm happy with.
However, at checkout, they change the deal to this: https://i.imgur.com/oSQoNPd.png
In simple terms, they wanted to sell me 0.43092 BTC for $5000, and then added a $175 "processing" fee. That's more Bitcoin than I wanted to buy, more fiat than I wanted to spend, and it brings the base price of the bitcoin from $11,603, to $12,009, a far larger number.
I would have no problem with this if they were upfront about the fees and what they are doing, but now I have sour taste in my mouth. I've been into crypto for a little while. Can you imagine how predatory this would seem to a new user who's going through their first buy?
This is my first post, so I hope I did it properly.
submitted by markpaul00 to Bitcoin [link] [comments]

I bought $1k of the Top 10 Cryptos on January 1st, 2018 (Sept Update)

I bought $1k of the Top 10 Cryptos on January 1st, 2018 (Sept Update)
EXPERIMENT - Tracking Top 10 Cryptos of 2018 - Month 33 - Down -76%
See the full blog post with all the tables here.
tl;dr
  • First one to find the three hidden cultural references gets some moons.
  • What's this all about? I purchased $100 of each of Top Ten Cryptos in Jan. 2018, haven't sold or traded. Did the same in 2019 and 2020. Learn more about the history and rules of the Experiments here.
  • September - BTC, although -8%, outperforms the field this month.
  • Overall since Jan. 2018 - Bitcoin miles ahead of the pack, and only one close-ish to break even point.
  • Combining all three three years, Top Ten cryptos underperforming S&P if I'd taken a similar approach.

Month Thirty Three – Down 76%

2018 Top Ten Summary for September
After a rough start to September, crypto spent the month trying in vain to claw back ground. While a few coins rebounded quite a bit from the monthly lows, most ended up finishing the month significantly down. Out of the 2018 Top Ten group, Bitcoin lost the least, down -8% in September. NEM followed it’s winning August (yes, you read that right) with the poorest performance, down -26%.

Question of the month:

Which cryptocurrency exchange won approval to create America’s first crypto bank in September?

A) Binance B) Binance.us C) Kraken D) Coinbase
Scroll down for the answer.

Ranking and September Winners and Losers

Rank of 2018 Portfolio - 50% no longer in Top Ten
A lot of shuffling in September. On the upside, Bitcoin Cash and Cardano gained one place each landing at #5 and #10 respectively. Cardano gets special mention for re-entering the Top Ten.
Heading the wrong direction were IOTA, NEM, Dash, and Stellar each falling two or three spots.
The big story though, for long time crypto watchers, was the ejection of Litecoin from the Top Ten, down five places from #7 to #12 in just one month. For some context, Litecoin’s absence from the Top Ten is a Top Ten Experiment first. It is also the first time since CoinMarketCap has tracked crypto rankings that Litecoin has not been in the Top Ten.
Drop outs: After thirty-three months of this experiment 50% of the cryptos that started 2018 in the Top Ten have dropped out. NEM, Litecoin, Dash, IOTA, and Stellar have been replaced by Binance Coin, Tether, BSV, LINK, and most recently, DOT.
September Winners – Although it lost -8% of its value, this month’s W goes to Bitcoin. ADA gets second place, down -15% and climbing back into the Top Ten.
September Losers – As most probably expected after an extremely out of character victory last month, NEM came back down to earth in September, bigly, down -26%. Litecoin finished right behind, down -24% and dropping out of the Top Ten.
For the overly competitive, below is a tally of the winners of the first 33 months of the 2018 Top Ten Crypto Index Fund Experiment. Bitcoin still has the most monthly wins (8) and Cardano in second place with 6 monthly wins. With its poor September performance, NEM now has 7 monthly losses.
Ws and Ls - One clear winner
Every crypto has at least one monthly win and Bitcoin is unique as the only cryptocurrency that hasn’t lost a month yet since January 2018.

Overall update – BTC solidly in the lead, followed by ETH. Dash in the basement, LTC drops out of the Top Ten.

Even though BTC took a bit of a detour on its way back to break-even point, it is still far ahead of the field, down -17% since January 2018. The initial investment of $100 thirty-three months ago is now worth about $83. Second place Ethereum is down -49% over the same time period.
At this point in the 2018 Top Ten Experiment, Dash is at the bottom. It is currently worth $70.49, down from a January 1st, 2018 starting price of over $1,000. That’s a loss of -93%. The initial $100 invested in Dash 33 months ago is now worth $6.77.
The big story this month is LTC’s departure from the Top Ten, the first time since I started the experiment back in January 2018. Whether or not it will eventually fend off the new generation of coins remains to be seen, but it certainly is noteworthy to have one of the most well known and long standing cryptos drop out of the Top Ten. Consider pouring one out for Litecoin.

Total Market Cap for the entire cryptocurrency sector:

The crypto market lost over $35B in September and is down -39% since January 2018. The value of the overall crypto market is near where it was in August of this year, just a few months back. As painful as the beginning of the month was, looking at a table like this helps with perspective, especially if you’re panic prone.

Bitcoin dominance:

After steadily dipping for months, BitDom increased a bit in September, up to 57.5%.
For some context: since the beginning of the experiment, the range of Bitcoin dominance has been quite wide: we saw a high of 70% BitDom in September 2019 and a low of 33% BitDom in February 2018.

Overall return on $1,000 investment since January 1st, 2018:

The 2018 Top Ten Portfolio lost -$50 this month. If I cashed out today, the $1000 initial investment would return about $238, down -76% from January 2018.
September broke an encouraging upward trend, but at least the portfolio is taking a break from the -80% range. Here’s a look at the ROI over the life of the experiment, month by month, for some context:
33 Monthly ROIs on Top Ten since Jan 2018
The absolute bottom was -88% back in January 2019.
So the Top Ten Cryptos of 2018 are down -76%. What about the 2019 and 2020 Top Tens? Let’s take a look:
So overall? Taking the three portfolios together, here’s the bottom bottom bottom line:
After a $3000 investment in the 2018, 2019, and 2020 Top Ten Cryptocurrencies, my combined portfolios are worth $‭3,340‬ ($238+ $1,538 +$1,564).
That’s up about +11% for the three combined portfolios, compared to +31% last month.
Here’s a table to help visualize:
Combined ROI on $3k over 3 years - UP +11%
That’s a +11% gain by investing $1k on whichever cryptos happened to be in the Top Ten on January 1st for three straight years.
But surely you’d do better if you went all in on one crypto, right?
Depends on your choice. Let’s take a look:

ETH for the win
Only five cryptos have started in the Top Ten for all three years: BTC, ETH, XRP, BCH, and LTC (unless Litecoin can make a comeback by the 1st of Jan. 2021, it’s not going to make the four year club!). Knowing what we know now, which one would have been best to go all in on?
Ethereum, by a pretty good margin: the initial $3k would be up +104%, worth $6,118 today. The worst choice of a basket to put all your eggs in at this point in the experiment is XRP, down by almost one third.

Comparison to S&P 500:

I’m also tracking the S&P 500 as part of the experiment to have a comparison point with other popular investments options. The S&P 500 Index fell from an all time high in August, but is currently up +26% since January 2018.
S&P since Jan. 2018
The initial $1k investment into crypto on January 1st, 2018 would have been worth about $1260 had it been redirected to the S&P.
But what if I took the same invest-$1,000-on-January-1st-of-each-year approach with the S&P 500 that I’ve been documenting through the Top Ten Crypto Experiments? Here are the numbers:
  • $1000 investment in S&P 500 on January 1st, 2018 = $1260 today
  • $1000 investment in S&P 500 on January 1st, 2019 = $1350 today
  • $1000 investment in S&P 500 on January 1st, 2020 = $1050 today
Taken together, here’s the bottom bottom bottom line for a similar approach with the S&P:
After three $1,000 investments into an S&P 500 index fund in January 2018, 2019, and 2020, my portfolio would be worth $3,660.
That is up +22% since January 2018, compared to a +11% gain of the combined Top Ten Crypto Experiment Portfolios.
That’s an 11% swing in favor of the S&P 500 and breaks a two month mini-streak of wins from the Top Ten crypto portfolios.
S&P vs. Top Ten Crypto Experiments
That’s seven monthly victories for the S&P vs. two monthly victories for crypto. The largest gap so far was a 22% difference in favor of the S&P in June.

Conclusion:

September was a tough month for both traditional and crypto markets. What’s next for the rest of 2020? More volatility is no doubt to come as we enter the last quarter of a truly unpredictable and exhausting year. Buckle up.
Thanks for reading and for supporting the experiment. I hope you’ve found it helpful. I continue to be committed to seeing this process through and reporting along the way. Feel free to reach out with any questions and stay tuned for progress reports. Keep an eye out for my parallel projects where I repeat the experiment twice, purchasing another $1000 ($100 each) of two new sets of Top Ten cryptos as of January 1st, 2019 then again on January 1st, 2020.

And the Answer is…

C) Kraken
According to an official announcement in September, Kraken is “the first digital asset company in U.S. history to receive a bank charter recognized under federal and state law.”
submitted by Joe-M-4 to CryptoCurrency [link] [comments]

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