Bitcoin

Changpeng Zhao is reviewing the strategy of Binance for this year

January 7, 2020 by Antoine

With more than 9 acquisitions and supported new pairs of trading crypto-trustees, the crypto-exchange Binance aims even higher for this year. Following the statements of its president and CEO, Changpeng Zhao (CZ), the objectives are revised upward for 2020 with “2 major chords” in the pattern.

2 major acquisitions with a significant impact

Binance is without doubt one of the largest trading platforms for digital assets, current in terms of exchange volume. The crypto-stock exchange records, including more than 100 crypto-currencies and aims to popularize the use of new technology-based financial technology Blockchain.
After you have entered more than 9 agreements with strategic companies in 2019, the company carried out by CZ thus intends to meet new challenges this year with new acquisitions. As explained in a letter addressed to the community of Binance this week :

“A number of discussions on the strategic acquisitions are in progress “and that” two of them are important and will have a significant impact ” .

The extension of the number of crypto-currencies supported is also part of the priorities

Born in 2017 in Hong Kong, Binance has set a primary objective for the adoption of the crypto-currency and has made significant attempts to democratize its use from a crypto-platform accessible and easy to use.
At the present time, the company allows trading and the conversion of more than 20 foreign currencies in exchange for crypto-currencies and looking to expand this list in the world.
For its part, CZ has estimated that by 2030, the Blockchain and the crypto-currency to be used in all areas whether it be for transport, for trade, logistics or even research in biotechnology.
What do you think of the ambitions of Binance for this new year ? Give your opinion in the comments section.
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Jeremiah Faber

Jeremiah Faber

Jeremiah is an explorer by heart – both in the physical and the digital realm. A traveler, Jeremiah continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Jeremiah and through his business acumen has gained financial profits as well as fame in his business niche.