Binance is emerging as the undisputed global cryptocurrency brand across the world. It has enjoyed a mind boggling success in a very short time. Binance has gained astounding reputation considering it’s still fairly new in the industry. Binance has a vision of emerging as the superpower of cryptocurrency exchanges and that vision is steadily turning into concrete reality with the vast expansion that Binance is getting. Keeping both beginners and professional traders in mind Binance offers basic and advanced exchange interfaces. Business can use basic interface to execute simple trade and professional traders can access more complex option such as margin.  Trading. Since its inception in 2017, Binance has released vigorous set of trading tools, charts and security features for its users.

 Binance grants users with a platform for trading over 100 cryptocurrencies. 2018 was Binance’s best year in which it emerged as the biggest cryptocurrency exchange on the globe in terms of trading volume and it has only grown strong since then and 2019 has not been any different.

Venus is the next project of Binance

Binance is always looking to expand itself by launching new features and collaborating with others. According to a report, Binance is working on launching “Venus,” and they are terming it as an “independent regional version of Libra,” 

Binance wants to launch this new Venus cryptocurrency because it has a vast presence around the world and along with this it also has native blockchain Binance Chain in place. Binance is hoping to diminish the financial leadership and wants to mould the financial system of the globe. Call on Binance helpline number.

In an interview with THE block, Binance co-founder Yi He said that “They believe that in the near and long term, stablecoins will progressively replace traditional fiat currencies in countries around the world, and bring a new and balanced standard of the digital economy.” She also added that “They hope to achieve a vision, that is, to reshape the world financial system, allow countries to have more tangible financial services and infrastructures, protect their financial security and increase the economic efficiency of countries.”

Venus is believed to be an open blockchain to establish “localized” stablecoins and digital currencies pegged to fiat currencies.

  • “Binance will provide full-process technical support, compliance risk control system and multi-dimensional cooperation network to build Venus, leveraging its existing infrastructure and regulatory establishments,” states the English version of this announcement.
  • Binance firmly believes that Libra exceptionally growing in the market today. Binance is also sure that Libra will change the shape of the financial system and bring about more changes than ever. The cryptocurrency exchange insisted on embracing change rather than running from it, it said “Instead of resisting change and losing the opportunity, it is better to embrace change. At the same time, ‘Libra’ needs to be developed in an orderly manner under the regulatory framework,”
  • Binance packs a whole lot of amazing features which is the reason why it at the zenith of success and it dwarfs others in comparison. According to many users Binance is considered the best because of its safety and privacy features and add to that the transparency factor. It can be termed as one the most transparent cryptocurrency exchanges. Call on Binance support phone number for guidance.