Binance is a high-class blockchain trading platform that provides users with a safe and convenient digital currency exchange service. The Binance Currency Exchange is a relatively new exchange, which began work in 2017, and since this time it has gained popularity among users. Now The Binance exchange is in TOP 29 exchanges in terms of the daily trading volumes. The headquarters of the exchange is in Shanghai.
The exchange is focused on blockchain assets. Changpeng Zhao, the founder and CEO of Binance, is an expert in the development of trading systems. He previously worked for Bloomberg and Blockchain.info as head of the technology department.
During ICO, the exchange attracted $ 15 million of investment.
serious players from Morgan Stanley, Nomura, SBI group and Accenture backed up the exchange. During ICO, it was supported by Roger Ver, Matt Roszak and many well-known Chinese investors.
The binance exchange has gained popularity thanks to 2 very important things: due to its low commission, which is 0.1% of the transaction, and thanks to the order processing technology, which allows processing 1.4 million orders per second.