The Daily Hodl
Ledger Nano S - The secure hardware wallet
  • HodlX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • FEATURES
    • News
    • Bitcoin
    • Altcoins
    • Trading
    • Blockchain
    • Regulators
    • Finance and Economy
    • Cryptoculture
    • Scams
    • Mining
    • Crypto 101
  • Crypto Livewire
    • Press Releases
    • Submit
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • THE FUTURE
    • $3.1 Trillion Blockchain Future
    • 6,000 Stores in South Korea
      to Accept Cryptocurrency
    • 80,000 EU-based Merchants
      Can Accept Bitcoin
    • World’s Biggest Brands
      on the Blockchain
    • Despite the FUD,
      Bitcoin Adoption Is Surging
    • Japan Leads Corporate Crypto Bandwagon
    • Mainstream Crypto Payments in UK by 2020
    • Bitcoin Buys Two Condos in New York
    • World’s Smartest City
  • Submit
    • Guest Blog
    • Press release
    • Sponsored post
    • Crypto announcement
    • Personal crypto project
    • Guide or tutorial
    • Infographic
    • Opinion
  • Advertising
Close
The Daily Hodl
Close
  • HodlX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • FEATURES
    • News
    • Bitcoin
    • Altcoins
    • Trading
    • Blockchain
    • Regulators
    • Finance and Economy
    • Cryptoculture
    • Scams
    • Mining
    • Crypto 101
  • Crypto Livewire
    • Press Releases
    • Submit
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • THE FUTURE
    • $3.1 Trillion Blockchain Future
    • 6,000 Stores in South Korea
      to Accept Cryptocurrency
    • 80,000 EU-based Merchants
      Can Accept Bitcoin
    • World’s Biggest Brands
      on the Blockchain
    • Despite the FUD,
      Bitcoin Adoption Is Surging
    • Japan Leads Corporate Crypto Bandwagon
    • Mainstream Crypto Payments in UK by 2020
    • Bitcoin Buys Two Condos in New York
    • World’s Smartest City
  • Submit
    • Guest Blog
    • Press release
    • Sponsored post
    • Crypto announcement
    • Personal crypto project
    • Guide or tutorial
    • Infographic
    • Opinion
  • Advertising
New Registrations ‘Overwhelm’ Binance’s Latest Crypto Exchange
Share:
Trading January 17, 2019 Daily Hodl Staff

New Registrations ‘Overwhelm’ Binance’s Latest Crypto Exchange

 

Binance, the world’s largest crypto exchange by volume, is already feeling overwhelmed with user registrations 24 hours after the launch of its latest exchange. The new fiat-to-crypto Jersey-based exchange allows for British pound and euro trading pairs with Bitcoin and Ethereum.

Binance CEO Changpeng Zhao (CZ) tweeted,

“Binance.je is overwhelmed with registrations. There is a backlog of KYC verifications already. More resources are allocated to reduce it. In the mean time, we appreciate your understanding and patience. The registration prize is FIFO based, no worries. Just crazy!”

He adds,

“One thing we do ‘well’ is underestimating ourselves, and the market.”

The Jersey-based exchange opened for trading in 58 jurisdictions across the globe, including North America, South America, Europe, Africa and Asia, but not including the US. Binance is planning to launch over 10 new fiat-to-crypto exchanges this year.

Users are showing little hesitation in sending their money to the new exchange despite reports that crypto exchanges lost $865 million in stolen funds in 2018.

On January 15th, New Zealand-based Cryptopia reported the first crypto exchange security breach of 2019. Some of the stolen funds made it onto Binance where CZ was able to freeze them. Police are still investigating the incident.

Binance was recently ranked the 34th most secure exchange out of 135 coin exchanges by independent analysts at ICORating. The ranking earned them a B+ score. Exchanges were rated on their user account security, registrar and domain security, web security and DoS attack protection.

Kraken and Cobinhood were the only exchanges to receive “A” ratings, while no exchange managed to score above a 9 out of 10 on web security. Coinbase Pro, which ranked 9th, was one of just 30 exchanges to reach all four requirements for “user security,” which included password security and two-factor authentication.  

You can read the full report here.

Join us on Telegram           Follow us on Twitter

Check Out the Latest Headlines


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Tags: News

Crypto Livewire

  • Malta AI & Blockchain Summit Handing Out 100 Free Booths to Startups
    February 14, 2019
  • Wirex Integrates Nano, Providing Seamless Spending Anywhere Visa Is Accepted
    February 12, 2019
  • MiningSky: The Cheapest, Profitable Cloud Mining
    February 7, 2019
  • Altcoin Fantasy OKCoin Contest
    February 4, 2019
  • Malta AI & Blockchain Summit
    January 24, 2019
Submit a Press Release
 
 

Around the web

Ads by Cointraffic Ads by Cointraffic

Spotlight

  • Wall Street Powerhouse Reveals Bitcoin and Crypto Roll Out, Plus Ripple and XRP, Tron, Ethereum, Litecoin, Stellar, IOTA: Crypto Update
    February 1, 2019
  • Colombia and Venezuela Lead South America’s Cryptocurrency Revolution: New Dash Documentary
    February 9, 2019
  • Bigger Than Bitcoin? Crypto Traders Bullish on Uranium, Plus Ripple and XRP, Ethereum, Litecoin, Tron, Stellar, Bitcoin Cash, IOTA: Crypto News Alert
    February 18, 2019
  • Crypto Milestone: Argentina Accepts Bitcoin Payment for Goods Sold to Paraguay
    February 17, 2019
Cryptocurrency news and analysis, covering Bitcoin, Ethereum, altcoins and the blockchain
  • Altcoins
  • Bitcoin
  • Blockchain
  • Crypto Livewire
  • Crypto101
  • Cryptoculture
  • Finance and Economy
  • HodlX
  • Mining
  • Regulators
  • Scams
  • Trading
DailyHodl

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

 JOIN US ON TELEGRAM

COPYRIGHT © 2017-2019 THE DAILY HODL

We use cookies to give you the best online experience possible. By agreeing you accept the use of cookies in accordance with our cookie policy. I Accept