Australia Cancels Binance Services, While Big Eyes Coin Presale Attracts Global Investors

The Australian Securities and Investments Commission (ASIC) announced that it would cancel the license of Binance, one of the world’s largest cryptocurrency exchanges, to provide local financial services in Australia. Meanwhile, Big Eyes Coin (BIG), an alternative cryptocurrency, is gaining momentum in the market, with its pre-sale ending soon.

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Investors Turn to Big Eyes Coin as Alternative to Established Cryptocurrencies

Big Eyes Coin, the newest meme-based cryptocurrency, is about to launch its token as its presale comes to an end on June 3rd. With its code BULLRUN250, the digital asset allows crypto fans to enjoy a 250% bonus on their BIG purchase. The coin also offers loot boxes that guarantee prizes equal to the amount spent, or if lucky, investors can even get bigger rewards.

Big Eyes Coin is also a philanthropic coin, which makes it easy to love. According to its website, 5% of the total supply goes to ocean-saving charities, which means that investing in Big Eyes Coin is not just a wise investment, but also a socially responsible one. Plus, with a contract that is 100% secure and fully audited by Solidity Finance, and KYC passed by CoinSniper, crypto holders can trust that their investment is in good hands.

With the potential for massive returns and the rising popularity of meme coins, Big Eyes Coin could be the investment opportunity of a lifetime. The longer crypto fans wait to invest in Big Eyes Coin, the less they receive for the same amount of money. For instance, in the presale’s stage 1, a Big Eyes Coin was worth $0.0001, but as the presale progressed, the price per coin increased to $0.00049 in stage 12. That’s an increase of 390%! As the presale moves forward, the price will continue to rise, meaning that investors will receive fewer tokens for the same amount of money. So don’t wait any longer, take advantage of the BULLRUN250 offer, and join the Big Eyes Coin community today!

ASIC Cancels Binance License, Australia’s Crypto Market in Disarray

Australia’s financial regulator ASIC canceled Binance’s local financial services license in the country. According to reports, the digital asset has violated the crypto regulations by incorrectly classifying retail customers as wholesale investors.

Joe Longo, the ASIC chair noted that Binance’s license only allows the crypto exchange to give derivative products to sophisticated investors, not retail customers. He also said this categorization is important because retail customers receive more consumer protections under the country’s law, including the right to dispute resolution.

How It Affects Binance’s Value

Binance is still the world’s largest crypto exchange by volume. However, its trading volume saw a decrease from 70% to 54% last month; this could be the lowest level since November 5th last year.

Meanwhile, its market share also dropped after a U.S. regulator filed a lawsuit against Changpeng Zhao on March 27th for offering unregistered crypto derivatives products, which is against the law.

As for the BNB coin, its current price is $310.96, which saw a decrease of 0.90% in the past seven days.

While regulations on crypto exchanges are important to protect consumers and prevent illegal activities, it is also important to note that not all cryptocurrencies are created equal. Big Eyes Coin, for example, is fully secured and transparent, making it a trustworthy investment option. With its strong technology and dedicated team, Big Eyes Coin is here to stay, even in the face of increasing regulations in the crypto industry.

Don’t miss out on the opportunity to invest in a trustworthy cryptocurrency. Join Big Eyes Coin’s presale now before it ends, and be a part of the future of crypto!

Buy Big Eyes Coin (BIG) today:

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Disclaimer : The above is a sponsored article and the views expressed are those of the sponsor/author and do not represent the stand and views of The Tribune editorial in any manner.