Monday 28 June 2021

Is Binance Safe to Use? How do I Contact Binance Support by Phone

 Cyber-security in today’s world has played a major role in the crypto industry.  It is almost impossible to stay in this industry for long without security measures.   There have been numerous incidents in the past where hackers have successfully hacked the accounts of traders. This is obviously the main reason for the worry for the traders to stand strong in this field. 

Is Binance Safe? This is the question to which most traders or aspiring traders are waiting to get the answer.  I am sure this question has also made you stop on this page. 

 

Binance as one of the largest exchanges in the cryptocurrency market has turned out to be the number one choice for thousands of traders worldwide. If you also happen to be one of them or are willing to join the Binance community in the near future, then probably you probably also need some sort of basic knowledge for which you can visit our website, www.binancemoneyhelp.com. Now coming back to the point: Is Binance safe or is Binance trustworthy? To know the exact answer to this, you should first understand What’s Binance? Or else what is the point of discussion if we don’t know what we are so worried about?

What’s Binance?

Binance in the crypto world has since 2017 when it was first launched by Changpeng Zhao in Hong Kong as a cryptocurrency exchange. As a crypto exchange, Binance supports the most prominent coins including BTC, BCH, ETH, USDT, LTC, XRP, and BNB.  Out of which, BNB is its native token, which is really useful, as it allows its users to pay a 50% discount on their transaction fees.

Binance opened its US subsidiary Binance.us in September 2019 with a compliance framework in line with US financial regulations.

I attempted to cover the minimum requirements for Reading Binance Charts that were required to understand the security aspect of Binance.The rest of the guide is focused on the security and safety measures provided by Binance.   To find out more about Binance, you can visit our website, www.binancemoneyhelp.com.

How to Protect Your Binance Account

Binance being a part of the crypto community, its members have considered it to be a trustworthy exchange. This has only become possible because of the great variety of security methods that prevent any unauthorized activity.

Once Binance came close to being hacked in March 2018, which may have cost them (and its users) thousands of dollars. The hackers used a phishing scam to obtain customers' login information, which they then used to sell Viacoin for a profit (a currency whose value was at its peak back then).   Luckily, Binance’s strong security system identifies the fishy activity before the hackers got their hands on any sensitive data, but Binance's quick response demonstrated the exchange's honesty and readiness to defend its users.

Two Factor Authentication

Two Factor Authentication, or simply 2FA, is probably the best-known security feature used across all crypto exchanges. The two-factor authentication adds one more layer of security protection to your account.

A factor that is represented by the password created by the user, a mobile device owned by the user, or biometric characteristics (such as the user's fingerprint). On Binance, you must choose a password as your first factor and then either an SMS or Google authentication code as your second factor, but most users prefer SMS authentication as the first factor because it is more convenient because the system sends a verification code directly via SMS. However, the phone can also be hacked and that is why Binance recommends activating the Google Authenticator to receive a secret backup.  

Binance has introduced a third 2FA option recently which is called Universal 2nd Factor (U2F), which allows users to protect their accounts with hardware devices.

Withdrawal Address Whitelist

"Withdrawal Address Management," is again a nice tool that allows users to input and lock the wallet addresses to which users want to withdraw the funds.  In this system, users will be prompted to confirm their new address through email if they want to add it. This implies that third-party addresses will not be able to access users’ accounts without their permission.

To enable this functionality, go to your dashboard and click on the Withdrawal Address Management section and choose the "Whitelist" option.

Level 2 Verification

We recommend that you complete Level 2 Verification on your account because it not only grants you access to a higher withdrawal limit but also adds an extra degree of security to your personal information.

To activate the account, users must provide their full name, address, postal code, city, and country. After that, you'll be requested to show a photo ID. Binance will verify your account between one to two days after you've completed all of the processes.

Trust Wallet

Trust Wallet, designed by Binance's, is an official digital wallet that allows its users to store their funds and protect them from malicious actors. All major cryptocurrencies and ERC20 tokens are supported. This wallet is compatible with both Android and iOS devices.

Secure Asset Fund for Users (SAFU)

The Secure Asset Fund for Users (SAFU), pioneered by Binance in 2018 as a huge reserve vault, is one of the most exciting features.

Binance pools 10% of the total amount collected in transaction fees and transfers it to its security fund. SAFU is never short of funds because Binance is known for its strong trade volumes.

Binance was hacked in May 2019 in a large-scale security breach, following a couple of unsuccessful efforts. As a result, the exchange lost approximately $40 million worth of BTC in just one transaction!

"Hackers were able to get a huge number of user API keys, 2FA codes, and maybe other information," said Changpeng Zhao in an official article. Phishing, malware, and other attacks were among the methods utilized by the hackers."

Fortunately, Binance was able to cover the entire amount using SAFU funds, ensuring that no users were harmed. Following the tragedy, Binance and its team have worked hard to earn back the trust of their users.

Conclusion

Binane has successfully dealt with hacker attacks in the past, therefore it is recommended to use Binance crypto exchange. If you need some sort of support, you can directly contact Reading Binance Charts or you can visit our website, http://www.binancemoneyhelp.com or more information.


Friday 25 June 2021

Is Binance Safe to Use? How do I Contact Binance Support by Phone


Cyber-security in today’s world has played a major role in the crypto industry.  It is almost impossible to stay in this industry for long without security measures.   There have been numerous incidents in the past where hackers have successfully hacked the accounts of traders. This is obviously the main reason for the worry for the traders to stand strong in this field. 

Is Binance Safe? This is the question to which most traders or aspiring traders are waiting to get the answer.  I am sure this question has also made you stop on this page. 

Binance as one of the largest exchanges in the cryptocurrency market has turned out to be the number one choice for thousands of traders worldwide. If you also happen to be one of them or are willing to join the Binance community in the near future, then probably you probably also need some sort of basic knowledge for which you can visit our website, www.binancemoneyhelp.com. Now coming back to the point: Is Binance safe or is Binance trustworthy? To know the exact answer to this, you should first understand What’s Binance? Or else what is the point of discussion if we don’t know what we are so worried about?

What’s Binance?

Binance in the crypto world has since 2017 when it was first launched by Changpeng Zhao in Hong Kong as a cryptocurrency exchange. As a crypto exchange, Binance supports the most prominent coins including BTC, BCH, ETH, USDT, LTC, XRP, and BNB.  Out of which, BNB is its native token, which is really useful, as it allows its users to pay a 50% discount on their transaction fees.

Binance opened its US subsidiary Binance.us in September 2019 with a compliance framework in line with US financial regulations.

I attempted to cover the minimum requirements for Reading Binance Charts that were required to understand the security aspect of Binance.The rest of the guide is focused on the security and safety measures provided by Binance.   To find out more about Binance, you can visit our website, www.binancemoneyhelp.com

How to Protect Your Binance Account

Binance being a part of the crypto community, its members have considered it to be a trustworthy exchange. This has only become possible because of the great variety of security methods that prevent any unauthorized activity.

Once Binance came close to being hacked in March 2018, which may have cost them (and its users) thousands of dollars. The hackers used a phishing scam to obtain customers' login information, which they then used to sell Viacoin for a profit (a currency whose value was at its peak back then).   Luckily, Binance’s strong security system identifies the fishy activity before the hackers got their hands on any sensitive data, but Binance's quick response demonstrated the exchange's honesty and readiness to defend its users.

Two Factor Authentication

Two Factor Authentication, or simply 2FA, is probably the best-known security feature used across all crypto exchanges. The two-factor authentication adds one more layer of security protection to your account.

A factor that is represented by the password created by the user, a mobile device owned by the user, or biometric characteristics (such as the user's fingerprint). On Binance, you must choose a password as your first factor and then either an SMS or Google authentication code as your second factor, but most users prefer SMS authentication as the first factor because it is more convenient because the system sends a verification code directly via SMS. However, the phone can also be hacked and that is why Binance recommends activating the Google Authenticator to receive a secret backup.  

Binance has introduced a third 2FA option recently which is called Universal 2nd Factor (U2F), which allows users to protect their accounts with hardware devices.

Withdrawal Address Whitelist

"Withdrawal Address Management," is again a nice tool that allows users to input and lock the wallet addresses to which users want to withdraw the funds.  In this system, users will be prompted to confirm their new address through email if they want to add it. This implies that third-party addresses will not be able to access users’ accounts without their permission.

To enable this functionality, go to your dashboard and click on the Withdrawal Address Management section and choose the "Whitelist" option.

Level 2 Verification

We recommend that you complete Level 2 Verification on your account because it not only grants you access to a higher withdrawal limit but also adds an extra degree of security to your personal information.

To activate the account, users must provide their full name, address, postal code, city, and country. After that, you'll be requested to show a photo ID. Binance will verify your account between one to two days after you've completed all of the processes.

Trust Wallet

Trust Wallet, designed by Binance's, is an official digital wallet that allows its users to store their funds and protect them from malicious actors. All major cryptocurrencies and ERC20 tokens are supported. This wallet is compatible with both Android and iOS devices.

Secure Asset Fund for Users (SAFU)

The Secure Asset Fund for Users (SAFU), pioneered by Binance in 2018 as a huge reserve vault, is one of the most exciting features.

Binance pools 10% of the total amount collected in transaction fees and transfers it to its security fund. SAFU is never short of funds because Binance is known for its strong trade volumes.

Binance was hacked in May 2019 in a large-scale security breach, following a couple of unsuccessful efforts. As a result, the exchange lost approximately $40 million worth of BTC in just one transaction!

"Hackers were able to get a huge number of user API keys, 2FA codes, and maybe other information," said Changpeng Zhao in an official article. Phishing, malware, and other attacks were among the methods utilized by the hackers."

Fortunately, Binance was able to cover the entire amount using SAFU funds, ensuring that no users were harmed. Following the tragedy, Binance and its team have worked hard to earn back the trust of their users.

Conclusion

Binane has successfully dealt with hacker attacks in the past, therefore it is recommended to use Binance crypto exchange. If you need some sort of support, you can directly contact Reading Binance Charts or you can visit our website, http://www.binancemoneyhelp.com or more information.

Wednesday 5 May 2021

Why Do We Need Binance Customer Service Phone Number?

 If you don’t think that Bitcoin Customer Service Phone Number is needed then go through this blog and I am positive you may alternate your perception.  Trading Bitcoin involves risk just like the fraud associated with electronic/virtual storage, password failure, malware assault, and plenty of more; you just think of it, and the danger is right there. The risk of cryptocurrency buying and selling is so massive that your account might be completely lost, ensuing in an entire lack of funds.

Now coming to the reason of how crucial is Bitcoin Customer Service Phone Number.  Let me inform you then, the Bitcoin customer service team is the excellent customer service provider of the world of cryptocurrency companies that I determined till date.  Investors face lots of challenges during the demanding situations throughout buying and selling of bitcoin in their early days, still buying and selling Bitcoin is secure in comparison to other cryptocurrency.  By calling Bitcoin Customer Service Phone Number, you gain confidence to transact within the marketplace efficiently, clear up your online queries, get assistance to open the web wallet and lots more. Traders can immediately call the customer service team by dialing the BitcoinCustomer Service Phone Number and talk directly to them to unravel their problems. It is a 24/7 service provider that lets its clients clean their doubts any second they need during trading.

 About Bitcoin

The famous Bitcoin is a virtual currency that performs digitally and was introduced in January 2009 by the idea that begins with the thoughts that started in a whitepaper by the mysterious and pseudonymous Satoshi Nakamoto.1

The identification of the individual that created the technology nevertheless stays a mystery. Unlike all different Cryptocurrencies, Bitcoin guarantees decrease transaction expenses than conventional online price methods, and it's run via means of a decentralized authority, unlike government-issued currencies.

Although Bitcoin is a kind of cryptocurrency, there aren't any physical bitcoins, simply balances saved on a public ledger that everyone has an obvious entry. All bitcoin transactions are demonstrated via way of means of a big quantity of computing generation. Bitcoins like some other fiat forex aren't issued or sponsored via way of means of any banks or governments, nor are character bitcoins treasured as a commodity. Bitcoin is extraordinarily famous with inside the global and additionally has prompted the release of many different cryptocurrencies, together referred to as alt coins. Bitcoin is usually abbreviated as "BTC."

Importance of Bitcoin Customer Service Phone Number During the Transaction

We can use bitcoin cryptocurrency to make online prices or to do any type of transactions. Bitcoin works with a peer to peer community so that people can effortlessly transact with every different and immediately with non financial institution, credit score card or any company.  But as said above there are excessive dangers in worrying this type of transaction.  Hence, BitcoinCustomer Service Phone Number is the simplest one stop solution to clear all your doubts earlier before doing this type of transaction

Bitcoin is taken into consideration to be the quickest and green cryptocurrency to apply in transactions. People at the moment are adopting Bitcoin like online developers, entrepreneurs, non-income groups etc. And simplest due to this, bitcoin is getting used for worldwide price everywhere in the world. Just like we do on line transactions by the use of the fiat currencies, we need to observe the price process of the banks., simplest then we're capable of making the price and the account of each transaction made via the means of our financial institution.  By calling Bitcoin Customer Service Phone Number the job becomes easy as they take all responsibility to make you understand clearly how to handle all this situation.  

Conclusion

As Bitcoin is the most famous cryptocurrencies that are being traded via means of the investors, the possibilities of fraud is constantly high.  It isn’t that easy to do all the transactions by yourself without prior knowledge.  If you are super confident that you could do that by watching videos on YouTube or reading some article or blogs on a website then you are wrong. Trading Bitcoin is highly risky and hence you should always take the help of Bitcoin Customer Service Phone Number while doing any sort of transaction which is new to you and about which you don’t have any basic minimum idea.

Tuesday 27 April 2021

How To Read Binance Chart Sheet

How To Read Binance Chart Sheet

Binance is one of the leading crypto exchanges if you are looking for investing and trading in cryptocurrencies. But Binance may not be a suitable platform for people who are just beginning their journey in the crypto world. This is because you need some experience and expertise to read binance charts. Though this is not rocket science, you need to give yourself some time to ensure that you get the technicalities without much effort. That’s why we are writing this blog to help beginners understand how to read binance chart.

You have to begin with login binance. Thereafter, you have to add your credentials to create a binance account. You will get security code to provide safety to your account as you are going to invest and trade through Binance. This makes it important for you to safeguard your account as your crypto funds are stored and transacted from there. Now, when you purchase virtual coins on Binace, you should know how to read binance chart after login Binance. Don’t get worked up regarding this as we have got you covered and will provide binance chart help.

Steps To Read Binance Chart Sheet

Here is an ultimate guide for you to help you find out how to read binance chart:

You have to keep in mind a few pointers that will help you understand Binance chart better. To begin with, there are two types of movements to read binance chart. The first one is Bullish movement that is an upward movement, which is referred to as a positive movement as well. The second one is bearish movement that is a downward movement which is known as negative movement as well. The buyers are known as bulls who increase the market price by buying cryptocurrencies while the sellers are bears who decrease the market price by selling cryptocurrencies. Once you get this properly, then there is no looking back in order to know how to read binance chart sheet.

There is an important theory that you need to understand to read a binance chart. Dow Theory is essential to get a hang of the technical analysis that will help you to read a binance chart. 

There are a few fundamental ideas that you should know for your reference:

  •         During pricing, the market takes everything into consideration including existing, old and upcoming details that have been included into current crypto asset prices.
  •         The multiple variables like the past, present and future demands are considered and regulated that can impact the crypto market.
  •         Price movements are absolutely not random in fact they follow long-form and short form trends.
  •         The market analysis is focused on the price of a virtual coin and not on every single variable that leads to a movement in the price.

For all these reasons, traders can predict the market behavior as they follow the same pattern. That’s why though people feel scared due to the volatility of cryptocurrencies, it is not that difficult if you know how to read a binance chart.

There are six tenets of Dow Theory that you need to know to read binance chart sheet.

  •         There are three movements in the market including main, intermediate and minor that happen simultaneously
  •         There are three phases of market trends like accumulation, absorption and distribution
  •         The stock markets reveal new information as soon as possible
  •         The averages of stock market must confirm each other
  •         The trends get confirmed by volume
  •         The trends will exist unless there are signals proving they have ended

To conclude, you have to have an experience to read a binance chart as understanding the market trends needs expertise. However, if you follow the guide, it won’t be that tasking to find out how to read the binance chart sheet. So, gather all the information and implement them soon to begin a successful crypto journey.

 

 

 

 

 

Thursday 15 April 2021

Bitcoin Customer Support: Dial This Number For Any Technical Issue

Whether you are interested in finding out about how to buy bitcoin or how to send bitcoin, bitcoin customer support will always come to your rescue. There is a reason why people are eager to find out about bitcoins, how to buy a bitcoin wallet, the best platforms to buy a cryptocurrency, and so on. While making bitcoin investments, you don’t have to worry about getting in touch with any third party. All that you need is a platform to store, manage and record the transaction history and that’s where digital wallets come in handy. You will get to know more in this blog post as we will answer some questions that are commonly asked. From how to buy bitcoins to how to get a bitcoin wallet, we’ve got you covered on everything.



FAQs On Cryptocurrencies And More

1.       What Are The Different Types Of Cryptocurrencies?

There are different cryptocurrencies in the market and they are Litecoin, Ethereum, Ripple, Bitcoin, to name a few. You can get them from different best platforms to buy cryptocurrency. Each one is unique and has different attributes that make them special. Among them, bitcoins are the most popular. Its value has also gone up, but you should be cautious as the price may fluctuate.

2.          How Do I Buy Bitcoin?

If you are not sure about how to buy bitcoin, then the very first step is to do some research and choose the best platform to buy cryptocurrency like Binance. Once you are done choosing the crypto exchange, you need to find out how to get a bitcoin wallet which will be discussed in our next blog. Afterward, you will be able to start buying bitcoins and also manage your crypto funds effectively.

3.          Is Bitcoin Better Than Bitcoin Cash?

Although they belong to the same system, they do follow diverse procedures. Also, bitcoin cash uses a much bigger blockchain size as compared to Bitcoin. In fact, BTC is also more effective than Bitcoin which can make a lot of people excited about finding out how to buy bitcoin cash.

4.       How To Send Bitcoin?

In case you are looking forward to finding out how to send bitcoin, you first need to know how to use a bitcoin wallet. The wallet actually makes way for bitcoin transactions where you can buy and hold cryptocurrency. To send a bitcoin, you will need to add the recipient’s address or you can scan the QR code if he/she is present with you in person.

5.       How To Get A Bitcoin Wallet?

There are a number of best sites to buy cryptocurrency and Binance is one of them. Subsequently, you can also get wallets from their wide range which is largely divided into two parts - cold wallets and hot wallets. Hot wallets are the ones that are present on the cloud which can be accessed from any place, at any point in time. You can, on the other hand, download and install cold wallets on your devices. Coinbase, Coinmama, Gemini are some of the examples of wallet providers.

6.       Which One Is The Best Platform To Buy Cryptocurrency?

Binance is one of the best sites to buy cryptocurrency. The reason being, it offers a wide range of altcoin trading for a much lower fee. Also, it provides innovative charting which is helpful for the pros of the crypto world. It is considered to be the best website to buy cryptocurrency as it is the only one dominating the exchange market worldwide.

7.       How To Read Binance Charts?

The experts will be able to help you in this matter, and will also tell you about how to read binance charts. This usually requires expertise, and in case you are a beginner, you should definitely seek help on the same.

8.       How Long Does Binance Verification Take?

There are several steps involved in the verification process, and they usually take some time or maybe a few days to process. However, if you follow every step involved that will be mentioned in our upcoming blog, ‘How long does binance verification take’.

9.       What To Do If I Face A Bitcoin Transaction Issue?

No matter whether you are a pro or just a beginner, you can always face bitcoin transaction issues. Hence, the very first thing that you need to do is to refrain from getting scared and rather seek help from the experts. You can contact Binance Customer Service Number or Binance Customer Service Phone Number and clear all your Bitcoin-related queries.


Looking To Get In Touch With Binance Customer Support?

If yes, you can always get in touch with the Binance Customer Support Phone Number. You can also contact us at +1 888-927-0780 and we will help you as soon as possible. Whether you want to clear your doubts on how to send bitcoin or how to choose the best wallet, we will tell you everything that is important. So, what are you waiting for? Stay updated with us!


Monday 15 March 2021

4 Ways to Get Free Bitcoins

Are you wondering how to store Bitcoin for free? There are many ways by which you can earn Bitcoins for free. And if you haven’t found out how to send Bitcoin or how to buy Bitcoin yet, then it is high time you should explore more on the chapters. This is because bitcoin is the investment plan of the millennials for its faster returns and no interference from any third-party. This means you are your own boss and you don’t have to answer anyone for your money. You will be the only one concentrating on how to use a bitcoin wallet,  but, you have to be careful with the security as it is a completely online entity. You will find my safety tips on how to store Bitcoin, how to send Bitcoin and how to buy Bitcoin later, until then concentrate on this blog post and find ways to earn free bitcoin.


Are you ready to find out the handy tips for how to store Bitcoin for free? Sit tight and read on!

1.  Online Shopping

All your queries on how to store Bitcoin and how to use a bitcoin wallet will soon be cleared. To begin with, did you know online shopping can help you earn bitcoin for free? Yes, you have read that right! If you are a shopaholic, are you getting another reason to shop? Well, if you use Lolli, a Bitcoin cash-back service, you can shop as well as earn more free bitcoins. For instance, if you buy something from Lolli’s merchant partners, you will receive one bitcoin in return. In this way, your query on how to buy Bitcoin is also answered.

 

2.  Opening a Crypto

Interest Account There are many people who wonder how to send Bitcoin and how to use a Bitcoin wallet. If you are also one of them, then all you need to do is keep reading. We will tell you everything but first, we will focus on how to store bitcoin for free. One of the important ways is to open a crypto interest account which is a BlockFi Interest Account that can offer up to 8% annual interest. In fact, the interest gets piled up on a yearly basis which can range up to 8.6%. opening this account is easy, it takes two minutes, and it can be operated from all the places except where it is not legal.

3.  Crypto Mining

Crypto mining is another great solution on how to buy Bitcoin for free. Whenever you start investing in bitcoin, you will have a bitcoin wallet, a digital medium to store, manage and send bitcoins. This means, with this wallet, you can send and receive bitcoins from one wallet to another; you will get to know more in our blogs, how to send Bitcoin and how to buy Bitcoin later. Now, these blockchain wallets can be managed by BTC miners who solve problematic mathematical problems and win themselves free bitcoins. If you have a miner, then you can start mining and earning free bitcoins.

4.  Taking Surveys

Did you know you can earn free bitcoin if you take surveys? Yes, many companies offer free bitcoins if you answer their questions helping them in their market research. All you need to do is get in touch with companies who are ready to offer you rewards like bitcoins for free. One of the prime examples is Time Bucks, they will analyses your profile and once they feel you are a good fit then there is no stopping! That also answers you how to buy Bitcoin for free. Contact Blockchain Customer Service Number There are many times when people can face bitcoin transaction issues. If you also face such a situation, then you have nothing to fear, as we have got you covered. All you need to do is give a call to the bitcoin customer care number who will be at your beck and call to serve you. In fact, if you have further queries on how to get a Bitcoin wallet, how to send Bitcoin, how to buy Bitcoin, how to store bitcoin, Stay hooked to our page for more insightful updates!

Is Binance Safe to Use? How do I Contact Binance Support by Phone

  Cyber-security in today’s world has played a major role in the crypto industry.  It is almost impossible to stay in this industry for long...