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During these events, CZ has made new announcements regarding the company’s new partnerships and new products that will be rolling out.Changpeng Zhao (CZ), CEO of Binance, the world's largest crypto exchange, was a keynote speaker at multiple blockchain-themed events in Singapore in mid-November.
During these events, CZ made new announcements regarding the company’s new partnerships and new products that will be rolling out.Blockchain.News took this opportunity to speak with CZ, one of the most successful entrepreneurs in the crypto industry atBlockshow Asia 2019, held in Singapore to gain a more in-depth understanding of the new partnerships and products that Binance has to offer.Binance has been adding a lot of new functions such as staking and airdrops and the support for forks.
CZ mentioned that later on, there may be plans to support payments and other features.
dfw dao farmer dfw in india ✌️【365vc.net】✌️Start investing with just ₹500. Leverage AI tools for smart decisions and maximize your profits. Join now!The concept of a super exchange was aimed to allow users to have access to various value-added services on the app.
He mentioned: “We are in the mobile internet stage area now, so we got a lot more features on the app.
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dfw dao farmer dfw in india ✌️【365vc.net】✌️Start saving with ₹500 and achieve up to 100% monthly returns. Grow your money smartly!We’ve got to make our app a lot better.”Legacy banking services have very high demand, according to CZ.
“We pushed out fixed-term lending and also released variable term lending, which means you can lend and redeem at the same time.
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dfw dao farmer dfw in india ✌️【365vc.net】✌️Small investments, big profits. Join today and grow your wealth quickly and safely!The focus of the release of the lending platform was to benefit users as they would be able to earn up to 15% interest on their BNB, ETC, andUSDT.“DeFi is a very hot topic in our industry, right now, we want to do that as well, but before that, with CeFi [centralized finance] we also want to provide whatever our users demand first,” said CZ.Binance Futures launched in September, shortly after its launch, an all-time high record was recorded at 315,000 BTC being traded in 24-hour volume, which was around 2.9 billion USD.
dfw dao farmer dfw in india ✌️【365vc.net】✌️Beginner or expert? Our platform makes stock investing easy with high monthly gains. Start now!Binance Futures allows for highly leveraged trading using a sophisticated risk engine and liquidation model, as well as a built-in hedging tool to enable traders to manage risks.When Binance first launched, only 20X leverage was available when it came to trading futures.
It was a new product at the time, and CZ explained that the company did not know how deep the liquidity would be and whether the company could manage leverage and liquidations properly.“Binance futures has grown tremendously, and right now the single contracts in BTC futures has surpassed Binance.com spot, in terms of daily volume, with about 170 different coins.
dfw dao farmer dfw in india ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!We feel that the liquidity is there, and the volume is there, so we decided on the higher leverage of 125x,” explained CZ.
He explained that the higher leverage was frequently requested by the active traders on the platform, resulting in the decision to provide the service. CZ encouraged experienced traders to take higher leverage for lower trading costs, as less capital will be tied to trading.Binance DEX is the decentralized exchange running on Binance’s native chain, Binance Chain.
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CZ believes that decentralized exchanges bring hope and new possibilities as it offers a trustless and transparent financial system while providing more control over the users’ own assets.dfw dao farmer dfw in india ✌️【365vc.net】✌️Invest ₹500 in our expert-managed funds and enjoy exponential monthly profits. Join now!
