The expansion of Binance not stop even for a moment. Therefore, the exchange of cryptocurrencies has decided to take this first semester 2020, to be in the forefront of innovation in the crypto market. Announcing through a press release on its web site that will invest in Tokocrypto, the first exchange of cryptocurrencies regulated in Indonesia.
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The pace of the exchange
Since the crisis began of the Coronavirus, there is no company in the crypto world, with a rate that can compete with the Binance. And that is, the exchange founded in China, keep to the crypto community permanently to the expectation. In front of the arsenal of new products and services that has launched in the past two months, with announcements almost weekly. And is that, there has been one, two, or even four new products, but at least up to ten announcements of new developments made by Binance in the last few weeks. In what seems to be an attempt to take the crypto market with the guard down in the midst of the crisis of the Coronavirus. Establishing his supremacy among the exchanges at the global level during the pandemic. So, from a fund of donations in cryptocurrencies to face the COVID-19, passing for its own card in alliance with Visa, a widget for investment in Brave Browser, mechanisms of P2P sharing, and even an accelerator of projects Blockchain in Shanghai. The exchange has confirmed its position as the most innovative company of all the crypto world.
Binance invests in Indonesia
Something that has only been confirmed with the latest press release made public by the exchange. In which it is announced that Binance will invest in Tokocrypto. The first exchange of cryptocurrencies regulated and, therefore, legally established in Indonesia. As part of the programme to support exchanges in emerging Binance had announced a few weeks ago. Binance will invest in Tokocrypto first exchange of Indonesia, This investment in the exchange was founded in 2018, will aim to accelerate the growth of the company. That includes the launch of new products and services, its expansion to the national level, and of course, the improvement of the technology that drives the web site. Before that Pang Xue Kai, CEO of Tokocrypto has declared: “This investment in Tokocrypto serves to validate the promising ecosystem Blockchain of Indonesia, showing the confidence of a global actor of the first order. The investment of Binance help you establish a services leaders Tokocrypto in the indonesian market and to accelerate our vision of creating an ecosystem of financial open through the technology of the Blockchain“. With the news that Binance will invest in Tokocrypto, the exchange would expand to one of the fastest growing economies in the world. Establishing alliance with local and decentralized, following the style of business implemented until now by the company. A process that probably we will see other countries in Asia with the passage of days.