Binance Coin (BNB) can be considered a reflection of a combination of all of the Binance altcoins, as well as an indicator as to the health of Binance and the overall cryptocurrency market.
Binance Coin (BNB) has been on a bull run since it hit a low point back in Nov./Dec. 2018.
The BNBBTC pair has generated over 245% profits, while the BNBUSDT pair has generated over 320% profits.
What does this say about the future of the cryptocurrency market especially the smaller market cap. altcoins?
To me, this is saying that the big pockets are getting ready for massive action in the months ahead.
The cryptocurrency market bull run might be closer than we think... This is just speculation, so let's have some fun and come share in the comments section what you think!
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"Announcing the news on Tuesday, Binance said the new gateway, called Binance Lite Australia, is cash-to-bitcoin brokerage service accessible through a network of 1,300-plus supported newsagents across the country.
"The platform currently offers the option to buy only bitcoin using Australian dollars (AUD), but the exchange said it plans to support more cryptocurrencies and fiat options in the future.
"Once users have carried out an account verification processes, they can place an order to buy bitcoin online, deposit cash at the nearest newsagent and receive crypto “within minutes,” according to the announcement."
- The next Binance Launchpad token launch will be conducted as a lottery, instead of a first-come-first-served system.
- The number of tickets you can claim depends on the amount of BNB you hold over a 20-day period in a Binance account leading up to the day of the lottery, up to a maximum of 5 tickets per eligible account.
- The lottery draw will be done via a transparent, randomized system with a random selection of lottery tickets based on tail digits (explained below).
- Account verification (KYC) and country restrictions will still apply."
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