Binance has no offices in China; Your Funds are Safe if I Go Missing, CEO Assures

Zhao reaffirmed that Binance has no offices in China. Since the September 2017 ban on cryptocurrency exchanges in China, after which Binance left the country in October 2017, Binance does not maintain a single office at all. Both Binance’s employees and himself only travelled to China for business meetings and conferences.

Must read: Check out Top 5 Tips for New Bitcoin Investors

Buying Bitcoin (BTC) could be very intimidating if you're only researching its existence now. In reality, taking the plunge and entering the cryptocurrency sphere is really a risk for anybody, with or without investment experience. The reason being the crypto space does not have any centralized authority to steer investors. Rumors, hype and horror stories dominate the net, and separating fact from hearsay could be difficult at times.

Like any business venture, you need to never get the feet wet and soon you have all the important points straight. Many Bitcoin investors who took losses will agree that they did not do their research. Riding on rumors and hearsay is setting yourself up for failure.

However, the cryptocurrency community can be found in handy for inquiries. You're better off conversing with individuals who are already in the crypto space. As a student, you have got resources to discover all there's to understand about Buying Bitcoins in Nigeria or elsewhere. As you discover approaches to invest, don't forget to watch in your academic performance, but when it will start to suffer, online writing services help ensure you maintain above-average performance.

Buy Bitcoins In Nigeria Blog (BBNB) brings you Top 5 Tips for New Bitcoin Investors to looking into before taking the dive.

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Jack Dorsey eyes Nigeria’s Bitcoin market

The Twitter CEO’s tweets have set the crypto community ablaze with speculation about his intentions.

Jack Dorsey, Bitcoin fanboy and Twitter/Square CEO, is on a modern day mission to Africa.

Dorsey alighted in Nigeria last week. While coy about the exact purpose of his month-long tour, which also takes him to Ghana, Ethiopia and South Africa, he’s been pictured, on Twitter, with local Bitcoin entrepreneurs, and at a couple of low key Bitcoin meetups.

Amazon of China goes big on Bitcoin

 

One of the world's most successful retailers, Alibaba, has unexpectedly entered the world of crypto
, partnering with bitcoin rewards app Lolli.

Alibaba—a China-based retailer who counts multinational behemoth Amazon among its closest rivals—has entered into a partnership allowing customers to earn 5 percent in bitcoin for every purchase.

Naira (NGN) Trading pair becomes the first FIAT on Binance

Binance listed the 1st ever fiat trading pair, and it's not the US dollar. Beginning today, Nigerian users will have a way to get Bitcoin, Binance Coin (BNB), and Binance's stablecoin BUSD with Naira.

Most top exchanges that offer fiat-to-crypto trading services give attention to the US dollar, or at the very least on the euro or yen. That is as they are probably the most traded currencies, with the USD enjoying the status of a worldwide reserve currency. Nevertheless, Binance went another way with the addition of the national currency of an African country as its first fiat service, reports stated.

Will Bitcoin hit ₦36mln($100k) mark after the 2020 Halving?

Will Bitcoin skyrocket after the 2020 Halving like in 2016?

 Bitcoin saw massive growth after the 2016 halving.

On May 20th 2020, the 3rd Bitcoin halving will occur. 50% less Bitcoins is going to be generated every 10 minutes and this can change the worthiness of Bitcoin. Forever.

This is known as a “Halving” and it has occurred twice, everytime boosting Bitcoins price by at the least 10x. Despite increased awareness over Bitcoin, not a lot of people be seemingly speaking frankly about this.

Bitcoin Halving?

What's the Bitcoin Halving?
New Bitcoins are issued by the Bitcoin network every 10 minutes. For the very first four years of Bitcoin's existence, the quantity of new bitcoins issued every 10 minutes was 50. Every four years, this number is cut in half. The day that the quantity halves is known as a "halving ".

In 2012, the quantity of new bitcoins issued every 10 minutes dropped from 50 bitcoins to 25. In 2016, it dropped from 25 to 12.5. Now, in the 2020 halving, it'll drop from 12.5 to 6.25.