- 1 How long does Binance P2P take?
- 2 Is there a problem with Binance?
- 3 What time of day is crypto most active?
- 4 How do Binance order books work?
- 5 Can you get scammed in P2P Binance?
- 6 Is it safe to use P2P in Binance?
- 7 Why is Binance not working on my phone?
- 8 Where are Binance servers located?
- 9 What day is crypto lowest?
- 10 Does cryptocurrency go down at night?
- 11 What is orderbook depth?
- 12 What is cryptocurrency orderbook?
- 13 Can Binance wallet be hacked?
- 14 Can I use P2P on Binance without verification?
- 15 Can you get scammed in Binance?
- 16 Is P2P trading profitable?
- 17 How long is Binance maintenance?
- 18 Can I use my Binance account in another country?
- 19 Is Binance owned by China?
- 20 What time is best to buy crypto?
How long does Binance P2P take?
Note that every transaction on Binance P2P has a payment window (usually goes from 15 minutes up to 3 hours depending on the time the merchant has set up).
Is there a problem with Binance?
At the moment, we haven't detected any problems at Binance.
What time of day is crypto most active?
between 8am to 4pm
Cryptocurrencies are most commonly traded between 8am to 4pm in local time. While the crypto market is 24/7, your trades are more likely to be executed when there is the highest level of activity. Outside of these hours, when trading is lighter, it can be more difficult to open and close trades.
How do Binance order books work?
An order book is an electronic list of buy and sell orders for a specific asset organized by price level. Buyers' and sellers' interests are represented via order books. An order book depicts the dynamic connection between buyers and sellers by visualizing a list of outstanding orders for a specific asset in real-time.
Can you get scammed in P2P Binance?
To protect users' interests, Binance P2P launched a [Report] button on the Binance App for users to report scammers and malicious activities on the platform. If you suspect a P2P order is a scam, you can tap [Report] in the chatbox to report it directly. You will need to provide relevant information about this order.
Is it safe to use P2P in Binance?
At Binance P2P, we provide an escrow service that ensures safe and fair trading. Once a buyer completes their order, we handle the seller's cryptocurrency in a temporary deposit until both parties confirm the transaction is successful.
Why is Binance not working on my phone?
Clear cache & data Otherwise, you will have to do it the good old way by going to your phone's settings > apps > Binance > storage >clear cache/data. This should fix any slowdown or corruption issues with your Binance app not working.
Where are Binance servers located?
The company was founded in China but moved its servers and headquarters out of China and into Japan in advance of the Chinese government ban on cryptocurrency trading in September 2017.
What day is crypto lowest?
The best day of the week to buy cryptocurrency is Monday when prices are the lowest. Sunday is the next best day of the week overall. After that, prices rise with Friday being the most expensive day to buy cryptocurrency.
Does cryptocurrency go down at night?
The Nature of a 24/7 Market The fact that cryptocurrencies trade around the clock every day of the week makes Bitcoin, by default, the most watched and traded asset when traditional markets are closed, and that's a top reason for the overnight phenomenon, says Bloomberg Intelligence's Mike McGlone.
What is orderbook depth?
In the most basic terms, depth of book refers to the robustness of an order book, itself a record of buy and sell orders that are waiting to be placed. Depth of book is often displayed as a ladder, with each rung being a price and a corresponding order—buy on the left and sell on the right.
What is cryptocurrency orderbook?
What Is An Order Book? An order book is an electronic documentation of an asset's buy and sell activity on a trading platform such as a cryptocurrency exchange. Generally, an order book shows a sleek view of a particular asset by recording buy and sell orders.
Can Binance wallet be hacked?
Binance Hack Story: An event that could happen to anyone: Anyone who is working in the space of crypto-assets as a trader or investor is not immune to hacking. It can happen to anyone, and when it happens, it would give sleepless nights.
Can I use P2P on Binance without verification?
All Binance users must complete Identity Verification to access Binance products and service offerings, including P2P trading.
Can you get scammed in Binance?
If you've been contacted by someone posing as Binance, tell the FCA – you can speak to them over the phone or use its online contact form. The FCA had previously issued warnings about clone scammers pretending to be a firm called Maxiflex Ltd on the 11 September 2019 and 18 September 2019.
Is P2P trading profitable?
As with all trading, there is a risk attached and thus no guarantee that it will be profitable. However, high market volatility, liquidity and added control over price settings mean that, if executed effectively, P2P trading could be a potentially profitable enterprise.
How long is Binance maintenance?
about three hours
The maintenance will take about three hours.
Can I use my Binance account in another country?
Yes, it's totally legal to use Binance with a VPN. If you want to secure your connection while trading cryptocurrencies, ExpressVPN is the best VPN for Binance as it provides safe, anonymous access to the crypto platform every time.
Is Binance owned by China?
Binance.US is an American partner of Binance, the world's largest cryptocurrency exchange by trading volume, and which was founded in China in 2017. The original platform stopped accepting U.S. users in 2019, and announced it would instead partner with a U.S.-based version of its platform called Binance.US.
What time is best to buy crypto?
Best time of the month to buy cryptocurrency For the moment, however, the best time of the month to buy is near the end. Values tend to rise in the first 10 days of the month, followed by a price collapse (probably because people are selling after increases) in the second half of the month.