#Binance to Discontinue All Nigerian Naira (NGN) Services This is a general announcement. Fellow Binancians, Binance will discontinue all Nigerian Naira (NGN) services as per the timeline below. Users are encouraged to withdraw NGN, trade their NGN assets or convert NGN into crypto prior to the discontinuation of these NGN services. From 2024-03-08 08:00 (UTC), any remaining NGN balances in users’ Binance accounts will be automatically converted to USDT based on the conversion rate below. Deposits, Withdrawals and Conversions: Binance will not support deposits of NGN after 2024-03-05 14:00 (UTC). Withdrawals of NGN will not be supported after 2024-03-08 06:00 (UTC). After 2024-03-08 08:00 (UTC), Binance will convert any remaining NGN balances in users’ Spot and Funding wallets into USDT on behalf of users at a ratio of 1 USDT = 1,515.13 NGN. Please note that the conversion rate is calculated based on the average closing price of the USDT/NGN trading pair on Binance Spot in the last seven days. The conversion may take approximately up to 24 hours or longer. USDT tokens will be credited to users’ Spot wallets thereafter, and users can confirm receipt of the tokens via the Convert History page. If users hold less than 0.00000001 USDT worth of NGN in their Spot and Funding wallets, they will each receive 0.00000001 USDT in their Spot wallets after the conversion. Spot: Binance will delist all existing NGN spot trading pairs (i.e., BTC/NGN and USDT/NGN) at 2024-03-07 03:00 (UTC). All open spot orders with respect to the above trading pairs will automatically be closed when trading ceases in the relevant trading pair. Users should ensure they have not selected “Hide Small Balances” in all of their wallets to view their assets after trading ceases. Convert: Binance Convert will delist NGN and all corresponding pairs at 2024-03-07 02:00 (UTC). Binance P2P: Binance P2P delisted all NGN trading pairs at 2024-02-28 15:00 (UTC). Auto Invest: Binance Auto-Invest will delist NGN after 2024-03-06 03:00 (UTC).
🚀These 3 Altcoins May Be on the Verge of a Massive Price Explosion🚀🚀🚀😱 1. Solana ($SOL ) Solana (#SOL ) is an open-source project that uses the permissionless structure of blockchain to provide decentralized finance (DeFi) solutions. Solana, which ranks fifth on Coinmarketcap, has a market capitalization of $ 76.98 billion. Solana, designed to support decentralized applications (dApps), has witnessed a significant price increase, rising by over 708% in the past year. This exceptional performance positions Solana as a strong competitor for significant returns. The platform is experiencing an increase in the total value locked in DeFi applications. This trend is also increasing the attractiveness of meme coins on the Solana blockchain. If market conditions change, this dynamic could make Solana an important crypto asset to watch and position it among the top altcoins that are ready for significant Deceleration. 2. Dogecoin (#DOGE ) Dogecoin ($DOGE ), a popular cryptocurrency based on the “doge” meme featuring a Shiba Inu, has seen a notable increase in value recently. with a market capitalization of $23.18 billion, Dog Decoin ranks eighth among all cryptocurrencies and is the leading meme coin. The price of Dogecoin has increased by 1% to $0.1604 in the last 24 hours. Dogecoin has increased by 123% in the last year. This remarkable growth is highlighted by the increase in large transactions, which indicate significant investments from major players or “whales".” This trend shows that the interest in Dogecoin is increasing, making it one of the best altcoins on the verge of significant growth. 3. Chain Link ($LINK ) Chainlink (#LINK ) has solidified its role as a critical blockchain agent that enables the deployment of universally connected smart contracts. Over the past year, Chainlink's price has risen by more than 1176%, making it one of the best altcoins that is ready for a significant rally. #altcoins
Binance to Delist 4 Altcoins Beyond its delisting plans, Binance has recently introduced new features and improvements to its self-custody crypto wallet, the Web3 Wallet. The world's largest crypto exchange has announced the removal of three major cryptocurrencies from Binance's spot and margin offerings. These cryptocurrencies include OMG Network (OMG), NEM (XEM), and Wrapped NXM (WNXM). Shortly after the announcement, the prices of these cryptocurrencies dropped significantly. Binance’s Plans for OMG, XEM, and WNXM Binance shared the announcement today, stating that users will not be able to trade spot and margin pairs of OMG, XEM, and WNXM starting June 17. The exchange cites failure to meet industry standards and periodic requirements as the reason for delisting these cryptocurrencies. Users have until September 17 to withdraw these tokens from the platform, as support for them will end on that date. Weeks before the delisting, Binance removed these tokens from Binance Simple Earn, Finance Auto-Invest, and Binance Loans. The exchange stated: "When a crypto or token no longer meets these standards or the industry environment changes, we conduct a deeper review and potentially delist it. Our priority is to continue providing the best services and protections for our users while adapting to evolving market dynamics." However, keep an eye out for official announcements from Binance Exchange #OMG #XEM $OMG $XEM
5 Things You Should Know About Selling #NOTCOİN Early 1. Selling Early Wasn't a Mistake Are you feeling bad for selling your NOTCOIN on launch day? Some people might mock early sellers, especially if NOTCOIN is surging now. But remember, blindly holding onto any coin can be risky. 2. Holding Isn't Always the Best Strategy Changpeng Zhao of Binance said, "If you can't hold, you won't be rich." While this advice works sometimes, it can also lead to trouble if a project crashes. Many investors have faced big losses by holding onto coins that eventually dropped in value. That's why researching into any crypto project is essential if you want to HOLD. 3. Don’t Get Emotionally Attached In cryptocurrency, it's important not to get emotionally attached to any coin. Your goal should be to make smart financial decisions, not to fall in love with a coin. The market moves fast, and you need to act wisely. 4. Real-Life Needs Matter Many people who participated in the NOTCOIN airdrop were young and had immediate financial needs. Selling their coins helped solve real problems, which is a significant win for them. 5. More Opportunities Are Ahead The crypto world is full of opportunities. Even if you sold your NOTCOIN, don't worry. More coins and exciting chances are on the horizon. It's not the end of the road. Stay positive and look forward to future opportunities. If you found this content helpful, please like, share, and follow us for more updates!
Crypto Bull Run: Top Altcoins Set for Massive Rally in Jan 2024
The post Crypto Bull Run: Top Altcoins Set For Massive Rally In Jan 2024 appeared first on Coinpedia Fintech News
“Altcoin Season” is gaining traction, signaling a time when alternative cryptocurrencies, known as altcoins, are outperforming market giants Bitcoin (BTC) and Ethereum (ETH). Experts have observed a pattern during market upswings where funds initially flow into Bitcoin and Ethereum, followed by a surge in altcoins. Recent trends suggest that the altcoin market is consistently retesting past highs, indicating a potential for a breakout.
Analyst Highlights Key Opportunities in Altcoins
Renowned cryptocurrency analyst Crypto Banter has shed light on the current state and potential opportunities in the altcoin market. According to Banter, several altcoins are in a cooling-down phase but are poised for a significant surge. He pointed to Cardano (ADA), which recently broke a flag pattern and is undergoing a retest. Banter suggests that if Bitcoin maintains its current level, Cardano will likely show positive movement.
Near Protocol and Phantom: The Rising Stars
Banter’s insights include Near Protocol (NEAR), still in a flag pattern. A breakout and upward movement for NEAR could spell a lucrative opportunity for investors. Another strong performer, Phantom (FTM), has achieved a higher high, with a potential retest zone forming. This suggests a favorable entry point for investors.
Emphasizing the importance of technical analysis, Banter shared insights on identifying trend changes, breakouts, and retests to make informed investment decisions. He expressed bullish sentiments towards Phantom, highlighting a golden cross on the monthly chart and a retest of the 50-day moving average. Resistance levels for Phantom are anticipated around $0.50 and $0.60, with a potential target of $1.20.
Chainlink and Other Altcoins on the Radar
In addition to Phantom, Chainlink (LINK) and other altcoins are on Banter’s radar. He discussed the significance of certain moving averages in identifying bullish trends, particularly during a bull market. With a keen eye on various altcoins, Banter sees potential in these digital assets, with Phantom standing out as a particularly promising choice for future gains.
In summary, the altcoin market is brimming with opportunities, and seasoned analysts like Crypto Banter guide investors through these turbulent yet exciting times. As the market corrects itself, the potential for altcoin breakouts remains high, offering savvy investors a chance to capitalize on these movements.
1. ApeMax: Revolutionizing Meme Coins with “Boost-to-Earn” Staking Leading the pack in meme coins, ApeMax introduces a revolutionary “Boost-to-Earn” staking protocol. This unique feature allows token holders to stake on their preferred entities, potentially earning lucrative rewards. The ApeMax presale is gaining momentum in anticipation of the future bull run, offering buyers instant access to tokens and self-custody for immediate staking. With a growing community and boosting utility, ApeMax stands out as a key player in the evolving landscape of high-growth altcoins.
2. Shiba Inu (SHIB): The Dogecoin Challenger Positioning itself as the “Dogecoin killer,” Shiba Inu, an Ethereum-based altcoin, has gained significant attention. Featuring the Shiba Inu dog as its mascot, SHIB adds new elements to the meme coin concept.
3. Polkadot (DOT): Bridging Diverse Blockchains Launched by Ethereum co-founder Gavin Wood, Polkadot aims to connect diverse blockchains, facilitating seamless information sharing and collaboration through interoperability and governance features. DOT, Polkadot’s native token, has been a subject of debate as the blockchain space matures, raising questions about the potential for bridging technologies like Polkadot.
4. Chainlink (LINK): Decentralized Oracle Network Chainlink plays a crucial role in the crypto space by offering a decentralized oracle network. This allows smart contracts to interact with external data and systems securely and reliably.
5. Solana (SOL): High-Performance Blockchain Platform Designed for decentralized applications and crypto-native projects, Solana boasts a high-performance blockchain platform with low transaction fees, scalability, and rapid block confirmation times. Despite facing challenges, SOL has gained increased traction towards the end of 2023, positioning itself as a noteworthy altcoin.
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