Binance to Record $1 Billion Profit in 2018, Surpassing Major Institutions

It’s no secret why there are currently more than 7,000 exchanges in the world today, and growing.
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Binance to Record $1 Billion Profit in 2018, Surpassing Major Institutions

The cryptocurrency market has dropped by over 70% since the start of the year, but the world’s largest crypto exchange is still expected to rake in a hefty profit.

Changpeng Zhao: Binance Has Ten Million Users

The first half of 2018 hasn’t been kind to the cryptocurrency market, with the collective value of all cryptocurrencies seeing a 70% decline. Some have even gone on to say that investors are leaving the industry en-masse, but for Binance, that does not seem to be the case.

Changpeng Zhao, CEO of the world’s largest exchange, told Bloomberg that……

Click here to read more : Changpeng Zhao: Binance Has Ten Million Users

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29 Jun 2020