Launched in July 2017, Binance is already the world’s leading cryptocurrency exchange. They’ve changed the game for cryptocurrency exchanges, and have just announced an even more exciting piece of news.
The latest Binance News:
As a public blockchain, Binance Chain will mainly focus on the transfer and trading of blockchain assets, as well as provide new possibilities for the future flow of blockchain assets. Binance Chain will focus on performance, ease-of-use, and liquidity. Binance Coin (BNB) will be upgraded to exist on its own blockchain mainnet, becoming a native coin. At the same time, Binance will transition from being a company to a community.
The news has just been announced (14:00 GMT) and already the price of Binance Coin has increased by over 35%.
Binance has shocked the world by becoming the fastest growing profitable company ever to exist. They have achieved unicorn status ($1 Billion valuation) in just 7 months of operations.
The announcement of a new blockchain is major news for Binance, and sets the standard in cryptocurrency exchange innovation. It’s a first for an exchange, and an ambitious plan.
A bright future lies ahead for both Binance, and the cryptocurrency token Binance Coin.
Binance has been in the news a lot recently, sometimes for the wrong reasons, but they’ve always handled everything in an outstandingly positive manner. This is a breath of fresh air when it comes to cryptocurrency exchanges. In the past we’ve witnessed many shady practices such as the famous Mt.Gox scandal.
The team at Binance clearly know what they’re doing and seem to have covered all the bases in order to become the world’s leading cryptocurrency exchange.
More Binance News: