Reasons behind Starting a exchange business like Binance

There are some rock-solid reasons, which will give you a clear idea about why to start an exchange like binance and what will be the benefit of starting an exchange like binance. Let’s have a look at each highlight and specialties one by one.

Highlights of the Binance exchange website

  • Binance Supports trading with more than 100+ cryptocurrencies including bitcoin, ethereum, lite coin, and most importantly Binance Coin
  • The exchange provides some kind of discount to the users who are ready to pay with the native coin BNB.
  • In January 2018 the firm has raised a capitalization of $1.3 billion.
  • Being a popular cryptocurrency exchange it provides Bitcoin Futures Trading, Launchpad, fundraising, Basic, and Advanced Trading.
  • Binance has high processing throughput and has the capacity to process 1,00,000 orders in a single day.

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OK, so lets build a Decentralized Exchange on Kusama/Polkadot blockchain… or maybe one such entity is in the works.