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Published on: 2024-12-24 05:48:10 Published on: 2024-12-24 05:48:10

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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.

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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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“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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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.

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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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