Guide- where to find best bitcoin investment company
Leading cryptocurrency invest will be expanding to the United Kingdom with a regulated crypto trading platform for both institutional and retail investors.
With this platform, Binance aims to tap the institutional investment market and meet the rising demand for digital asset investments in this sphere.
Binance is reportedly reviewing 65 digital assets that it plans to list on the exchange at launch. Investors will be able to trade these assets directly against pounds and euros, Reuters reported.
Being a regulated exchange, Binance’s trading platform will function under the supervision of the U.K. Invest Bitcoins and get double of your investment Financial Conduct Authority.
The platform will allow direct deposits and withdrawals from bank accounts using the U.K. Faster Payments Service and the Single Euro Payments Area network. This will purportedly make the crypto trading experience on the platform smoother for all investors.
Teana Baker-Taylor, director of Binance U.K., said that with more maturity in the crypto market, Binance is creating more investment options for traders to participate in the crypto market. They are building “products that earn a yield for participation, like staking and passive savings,” she added.
The Bitcoin (BTC) mining difficulty has seen its biggest upward move for over two years after warnings over BTC price selling pressure.
According to data from on-chain monitoring resource BTC.com on June 17, the latest difficulty adjustment saw difficulty increase by 14.95% — the most since January 2018. Bitcoin difficulty shoots up 15%
The increase tops previous automated predictions, which just days ago suggested an increase of closer to 10%.
As Cointelegraph reported, the 15% figure almost entirely reverses the negative moves of the two previous adjustments of -9.29% and -6%.
Difficulty adjustments are an essential part of how Bitcoin functions. By regulating the effort and, therefore, cost needed to validate the blockchain, Bitcoin “takes care of itself” as a network, regardless of price action or miner participation.
As such, the cryptocurrency remains “hard” as money — and regardless of difficulty, its mining issuance remains the same.