HomeNewsAbout usContact UsWebsite
Welcome to the
Binance Press Office
Binance is the world's leading blockchain ecosystem and cryptocurrency infrastructure provider. Our platform is dedicated to increasing the freedom of money for people all around the world. Sign-up today.
Follow us:
The myth that crypto is bad for the environment
One of the main reasons people associate crypto with environmental harm is the energy-intensive nature of the mining process. The original cryptocurrency, Bitcoin, as well as many other established and widely used projects, rely on the proof-of-work (PoW) consensus mechanism for maintaining the distributed ledger of transactions. This method of validation involves miners using powerful computers to solve complex mathematical puzzles. The process is thought to consume a significant amount of electricity, which in turn raises concerns about its environmental impact. 22 Aug 2023 Read more

The myth of crypto being mainly used by criminals
The use of crypto for illegal activities has been a topic of concern since the early days of this new form of digital currency. The public's perception of cryptocurrencies as being inherently linked to criminal activities (such as money laundering, drug trafficking, and cybercrime) can largely be traced back to the early media coverage around cryptocurrency - specifically the infamous Silk Road marketplace. 16 Aug 2023 Read more

Binance Academy launches intermediate-level courses to elevate Web3 education
Binance Academy, the education arm of the world's leading cryptocurrency exchange Binance, announces the launch of its new intermediate online courses. This rollout comes after the successful debut of the beginner track in late 2022, which was attended by an impressive 170,000 learners. 28 Jul 2023 Read more

Binance celebrates 6 years of innovation and collaboration
As one of the leading crypto ecosystems across the globe, Binance celebrates its anniversary with South Africa. 21 Jul 2023 Read more

Binance aids Israel's historic counterterrorism strike against Iran's Quds Force and Hezbollah
At Binance, we remain committed and active in furthering the security of the global crypto and blockchain ecosystem. A key part of this effort is our close collaboration with law enforcement agencies and regulators worldwide, working with them hand-in-glove to fight illicit cyber/financial crimes and thwart bad actors. 3 Jul 2023 Read more

Binance launches free tax assistant tool in SA
Today Binance is launching Binance Tax, a new tool that aims to enable users to easily access details of their crypto trading activity and to download a report showing a summary of their gains or losses made with Binance. That report in turn is intended to assist users with the preparation and filing of their tax reports. 2 Jun 2023 Read more

Could crypto be a safer harbour in a time of economic turmoil?
Reputational damage aside, South Africa's recent greylisting has some significant implications for the country's financial systems, and for the economy as a whole. Against this backdrop, many South Africans are looking to a somewhat surprising alternative to assure their financial security: cryptocurrency. 24 Mar 2023 Read more

You spoke, we listened: Binance now accepting Bank Transfers
Binance, the world's leading crypto and blockchain infrastructure provider, is now accepting Bank Transfers, making it easier for South Africans to invest in products such as bitcoin and other cryptocurrencies through its exchange. 21 Feb 2023 Read more

Quick Dating Guide for Your #CryptoLoveLife
It is that time of the year when everyone wants to fall in love and show their affection for their lovers! Specifically to all the "crypto" lovers out there, Binance has prepared a guide on how crypto lovers can properly treat their crypto, just like how they would treat their dates on Valentine's Day. 14 Feb 2023 Read more

Binance Charity to provide free Web3 training to women in rural communities across SA, and globally
Binance Charity, the philanthropic arm of Binance, announced today that they are working with Women in Tech to provide Web3 vocational training for 2,800 women in rural communities in South Africa and Brazil, creating future entrepreneurs and job creation. 19 Jan 2023 Read more

Crypto 101 for beginners
If you still think that fiat is a make of car and a ramp is something that makes it easier to wheel your trolley, you probably haven't yet begun trading cryptocurrency. And that's probably because there's a lot you don't know about it. 16 Jan 2023 Read more

Year in review: Binance accelerates adoption, education and transparency across Africa
Binance, the world's leading crypto and blockchain infrastructure provider, with an ecosystem featuring an unmatched portfolio of crypto products, sees continued growth across Africa, making it one of the fastest growing regions for the company. 8 Dec 2022 Read more