#SouthKoreaCryptoPolicy 🇰🇷 South Korea’s Crypto Rules in | Siyam_05 on Binance Square

Trending Articles

Bookmarked and Liked

--

#SouthKoreaCryptoPolicy 🇰🇷 South Korea’s Crypto Rules in Action
#SouthKoreaCryptoPolicy 
Since July 2024, South Korea has strict crypto laws to protect users. Exchanges must:
Keep 80% of funds in cold wallets ❄️
Have insurance for hacks 🔐
Stop fake trading or face jail 🚫
These rules are now live and helping make the market safer. Good move? 👍👎

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

1

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Square-Creator-07fe52263f58

Explore More From Creator

#CryptoFees101 Binance charges three main types of fees: trading, withdrawal, and deposit fees. Trading fees on the spot market are typically 0.1% for both makers and takers, but if you use BNB (Binance Coin) to pay fees, you get a 25% discount, reducing it to 0.075%. Futures trading fees are even lower, starting at 0.02% for makers and 0.04% for takers. Withdrawal fees vary by cryptocurrency and network. For example, withdrawing USDT on the TRC20 network costs around 1 USDT, while other networks like ERC20 can be more expensive. Deposits, on the other hand, are generally free. Binance also offers a VIP program, where high-volume traders enjoy reduced fees. To save on fees, consider holding BNB and using cost-effective networks like TRC20 or BEP20. For full details, always check the official Binance fee schedule. #CryptoFees101

--

Explore my portfolio mix. Follow to see how I invest! In the world of cryptocurrency trading, sharing your Binance portfolio can be a powerful way to connect with other traders, showcase your skills, and learn from others. However, it's crucial to do so in a way that's both secure and effective. Imagine being able to share your trading performance with others, getting valuable feedback and insights, and attracting potential investors or partners. By sharing your portfolio, you can tap into a community of like-minded traders, learn from their experiences, and gain new ideas to improve your trading strategies. To share your Binance portfolio, you can use the platform's built-in portfolio sharing feature, which allows you to control who sees your information and maintain account security. Alternatively, you can export your portfolio data to share with others, while keeping your account details safe. When sharing your portfolio, it's essential to be cautious and only share with trusted individuals or platforms. By being mindful of potential risks and taking steps to protect yourself, you can share your portfolio with confidence and achieve your goals. Whether you're a seasoned trader or just starting out, sharing your Binance portfolio can be a great way to connect with others, learn from their experiences, and grow as a trader. So why not take the first step and start sharing your portfolio today? Explore my portfolio mix. Follow to see how I invest!

--

$USDC coin pair $USDC, or USD Coin, is a regulated, fully backed stablecoin that is pegged 1:1 with the U.S. Dollar. It plays a critical role in the crypto economy by combining the stability of fiat currency with the flexibility of digital assets. When you see a $USDC coin pair (e.g., BTC/USDC, ETH/USDC, SOL/USDC), it means that you're trading a cryptocurrency against USD Coin rather than traditional fiat. These pairs are increasingly popular due to their speed, reliability, and regulatory transparency. --- Why Trade with $USDC Coin Pairs? Stability: As a stablecoin, USDC provides a non-volatile base for trading crypto assets. Speed: Transactions are quick, especially on networks like Solana, Ethereum, and Polygon. Liquidity: USDC is one of the most widely adopted stablecoins, ensuring deep liquidity across major exchanges. Transparency: Issued by Circle and governed by CENTRE, USDC is backed by fully reserved assets and subject to monthly audits. DeFi & CeFi Integration: From decentralized lending platforms to centralized exchanges, USDC is widely accepted and trusted. --- Ideal For: Traders seeking a safe hedge during volatile market movements. Investors looking to park funds in a dollar-equivalent without leaving the blockchain. Participants in DeFi, where USDC is a go-to stablecoin for staking, lending, and yield farming. #USDC

--

Trading operations refer to the back-end and middle-office processes that support the buying and selling of financial instruments such as stocks, bonds, derivatives, and currencies. While front-office traders make the deals, trading operations ensure that these transactions are executed, settled, and recorded accurately and efficiently. Key Functions of Trading Operations 1. Trade Capture & Validation Every trade made by a trader must be recorded (captured) accurately in the firm’s systems. Operations teams verify the details such as price, quantity, counterparty, and timestamps. 2. Trade Settlement Ensures that financial instruments and payments are exchanged between parties. This typically involves coordination with clearinghouses and custodians to complete the transaction. 3. Risk Management & Compliance Operations teams monitor trades to ensure they comply with regulatory requirements and internal risk policies. This includes sanctions checks and position limits. 4. Reconciliations This involves comparing internal records with those of counterparties or clearinghouses to resolve discrepancies and ensure all trades are matched and settled correctly. 5. Reporting Regular reporting to internal stakeholders and regulators is crucial. This includes trade confirmations, transaction cost analysis, and regulatory filings (e.g., EMIR, MiFID II). 6. Technology & Automation Modern trading operations rely heavily on software platforms that automate many of these tasks, reducing errors and increasing speed and efficiency. Why Trading Operations Matter Without effective trading operations, financial institutions risk failed trades, regulatory penalties, and reputational damage. Efficient operations support market integrity, reduce systemic risk, and ensure that trades flow smoothly from execution to settlement. Challenges in Trading Operations Increasing regulatory requirements Complex multi-asset and cross-border trading Cybersecurity threats and data breaches

--

$BTC This is my assets distribution

--

Latest News

Vitalik Buterin Discusses AI's Impact on Learning and Development

--

Airwallex CEO Questions the Practical Use of Stablecoins

--

Bitcoin Core Strategy Sparks Controversy in Community

--

U.S. Department of Justice Seeks Forfeiture of $7.74 Million in Cryptocurrency Linked to North Korean IT Workers

--

U.S. Bitcoin Spot ETFs Experience Significant Net Outflows

--

Trending Articles

🚨BREAKING: 🇺🇸 DONALD TRUMP AND RIPPLE CEO BRAD GARLINGHOU

‎🐋 A massive whale just shook the market! 🔥

“Can Dogecoin Actually Hit $1 by 2025? Hope, Hype, and Hard Truths”

📍 $BTC /USDT LIQUIDATION MAP – PRESSURE BUILDING! Current

Pi Coin Users Slam Pi Network Team on Failed Wallet Migration!

Cookie Preferences

Cookie Preferences