What are Binance activities?

Activities are high-yield staking opportunities offered jointly by Binance and various projects. You can lock the corresponding assets into the platform to obtain higher returns. Subscriptions will be closed once they reach the maximum limit.

What happened to Binance?

In 2018, the year after it was founded, Binance halted trading and customer withdrawals of funds after what the company described as a “significant increase in users and trading activity”.

Why is Binance suspending spot trading?

Binance, the world’s largest crypto exchange, has suspended all spot trading on the platform after a software glitch. Shortly after the outage, chief executive Changpeng Zhao said the company had traced the issue to a bug in its so-called matching engine, where customers’ buy and sell orders are processed.

Is Binance regulated?

The exchange has also come under scrutiny from regulators around the world, including the UK’s Financial Conduct Authority, which said in 2021 that Binance was not capable of being effectively regulated after the company failed to provide basic information.