South African Payment Gateway Drops BTC Over Fees and Network Congestion


On July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it an “impractical substitute for cash.”...

Binance Adds Margin as Exchange Competition Heats Up


This week, the world’s largest exchange by trading volume, Binance, launched margin trading. In doing so, it made the elite group of exchanges that offer crypto derivatives less exclusive than it once was. Binance, Kucoin, and Bitmax have all rolled out margin products this year, in a bid...

Binance Turns 2, And the Excitement doubles!


CryptonewsZ Raises a Toast to the World’s Largest Crypto Exchange Legendary icons don’t need much of an introduction. And so is the case with the world’s leading crypto exchange- Binance. With 1.2 Billion average volume daily, more than 1,400,000 transactions every second, and the customer support...

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