Binance CEO Expects A Billion Dollars in Profit Despite Slow Year
Zhao commented that the company expects to make anywhere between $500 Million to $1 Billion in profits in 2018.
- Aditya Worah
- Jul 06, 2018
- Oct 08, 2024
Cryptocurrency Exchanges provide a trading platform where users can buy, sell or exchange their cryptocurrencies. You can also analyze the movement of cryptocurrencies from these exchanges.
Related Links: Cryptocurrency Exchange Guide | Binance Trading Guide
Zhao commented that the company expects to make anywhere between $500 Million to $1 Billion in profits in 2018.
After setting their eyes on the US, Canada and European markets - Huobi has now set up a cryptocurrency exchange in Australia as well.
This would be the first move of its kind that is expected to usher the industry forward.
A full-scale public rollout is expected this month, where the company would accept general account applications.
Zebpay, one of the biggest cryptocurrency exchanges in the country has announced that as of today, they no longer allow rupee-based transactions to take place.
The Financial Services Commission has put forward revised regulations for cryptocurrency exchanges in a bid to prevent money laundering.
Coinbase Custody allows institutional investors to safeguard digital tokens in a manner similar to traditional securities.
After a hiatus of 6 months, BTCC - the oldest cryptocurrency exchange in the world - is now back with a brand new look.
Speculations about Facebook acquiring cryptocurrency giant Coinbase have intensified following Facebook’s policy reversal on cryptocurrency advertisements.
The first 20,000 users will each be rewarded with 0.5 BNB (Binance coin).
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