Binance CEO Changpeng Zhao Spills Beans On The New ‘Binance Cloud’

Steve Anderrson
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain. Join the official channel of thecoinrepublic, For the latest news updates: https://t.me/thecoinrepublic
  • Changpeng Zhao leaked insights on the new launch of Binance Cloud coming out in 10 days.
  • Binance is aiming to release many products related to its development and globalization to reach new heights in the market.
  • Binance has added and listed new fiat currencies on its exchange platform for users looking forward to trading with their native currencies.

Changpeng Zhao leaked insights on the new launch of Binance Cloud coming out in 10 days. Zhao hinted this in a recent AMA (Ask me anything) conducted on 7th February. This came out as a surprise to the audience and now is believed to be one of the imminent products.

However, much wasn’t told by Zhao as he didn’t want to discuss it much further except the day of release. It could be thought that Binance is implementing the cloud technology on its exchange platform, as the recent advertisement by Binance is seeking to recruit a Senior Cloud Engineer to fill the position of cloud engineering and architecture team.

The open position for the recruit described vacancy for large scale, massive parallel and highly available computer systems on the advanced cloud computing platform and is looking for an individual to improve, scale, and automate the business required cloud-related architecture and framework.

Binance is aiming to release many products related to its development and globalization to reach new heights in the market. It also shared the news on the release of Binance Future contracts with 50X leverage.

Binance has also added and listed new fiat currencies on its exchange platform for users looking forward to trading with their native currencies. It also conducted a recent Initial Exchange Offering (IEO) using the WazirX Crypto platform for the new WRX coin. WazirX being an Indian Cryptocurrency exchange platform acquired by Binance.

This is just the start of the year, and Binance has already brought up innovative solutions to the crypto realm; much is awaited to be released this year, which will further enhance the Cryptocurrencies and the exchange platform.

Binance has also opened doors in Vietnam and China for engaged trading activities. Much is expected under the global expansion of the platform. Binance is now the top exchange in terms of trading volume.

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