Binance Dual Investment hedges you from this extreme volatility and also allows you to profit from the distances of these two cryptocurrencies. And because the crypto market is known for its crazy volatility, having a way to earn some secure and stable returns is not a bad idea.
The first example is the Up-and-Exercised BTC product, if the price of the underlying asset increases to more than the strike price, then your investment will be converted to the alternate currency (BUSD). If the price of the underlying asset doesn’t exceed the strike price, you’ll still get yield on your deposited cryptocurrency.
New Delhi: Cryptocurrency frenzy has taken the world by storm, with the combined value of crypto coins regaining the $2 trillion cap last week. Just like foreign investors, Indian peers have also poured billions of dollars into digital coins, thanks to the presence of cryptocurrency exchanges that are aiming to reshape the crypto industry in the country.
WazirX is an Indian subsidiary of Binance Holdings, one of the largest cryptocurrency exchanges in the world. The trading platform, which is available on Android, iOS, Web, Mac and Windows, has over 6.5 million registered investors.
A few of them have now gained over millions of clients trading on the platform, signalling the popularity of the digital asset in India. Several of these trading platforms or apps, which allow their clients to trade in cryptocurrency with ease, have emerged in the past few years.
A few of them have now gained over millions of clients trading on the platform, signalling the popularity of the digital asset in India. Several crypto
trading platforms allow users to trade in cryptocurrency with ease.
It started being viewed as a coveted digital asset, and this was the time when it was even compared with gold. Bitcoin started luring investors mainly due to so many price rises and falls witnessed abruptly after having a halving in May 2020. The pandemic, which was a curse for fiat, proved a blessing for Bitcoin (BTC) from 2020. With the pandemic leaving no hopes of financial development and, recession lurking in the corner, massive job losses being reported worldwide, surprisingly, the Hope Index of investors gave a significant bullish nudge to Bitcoin
, bitcoin and ownership of the currency rose enormously.
banks and/or btc (ii) U.S. BUSD is 100% backed by reserves held in either or both (i) fiat cash in dedicated omnibus accounts at insured U.S. Treasury bills (including through repurchase agreements and/or money-market funds invested in U.S.
According to the Bitcoin price forecasts, BTC may register tremendous growth in 2026 as it holds the long-term potential to reach new highs in terms of price points and market cap. It seems that the bull cycle will take the Bitcoin price above $52,000.
BUSD is now available for purchase and redemption on the Paxos platform. You can either deposit PAX or deposit dollars by wire from a bank account. In order to get BUSD through Paxos, you need to be a verified customer.
Low/minimum payment fee and no hidden or hefty charges; neither by brokers nor by banks Not dependent on any payments from the bank or its network Accessibility: No approval is required from any third party Alternate to physical commodity Easy to store and secure, offering maximum reliability without going through the trouble of carrying bulky bags Power in the hands of users and investors, eliminating the role of intermediary Confidentiality of Investor and transaction preserved with utmost discretion as no KYC revealed and payments are not linked to traditional verifications Acceptance of payments from any source or origin Enabling payments and transfers through the press of a button on the users’ cell phones Most importantly, they are Fraud-proof as they are stored in a public ledger, and all coin owners are encrypted to ensure the legitimacy of record keeping. Faster Payment process as the transaction cost is kept low to enable investors to transact using the credit card.
This is to make sure that their investors and other crypto users only buy legit and trusted coins and tokens from their platform, keeping the integrity of their platform and creating reliability among crypto users and enthusiasts in the world.