Leading crypto market Binance has announced the launch of its analysis branch to prepare “institutional-grade” research reports inside the cryptocurrency space.
The greatest cryptocurrency market, Binance, has recently launched an analysis branch to run “institutional-grade” study reports, based on a statement published Nov. 8.Binance’s new analysis branch, Binance Research, is set to prepare institutional-grade study reports with the target of increasing transparency and enhance the quality of information inside the cryptocurrency space.The branch has conducted and printed two comprehensive reports dedicated to some decentralized blockchain that supports smart contracts and distributed software, plus a scaling option for Ethereum (ETH). Binance Research isn’t the first project from the market outside of its initial mandate. In the beginning of October, Binance announced it will donate all listing fees for charity, as well as allow programmers themselves to name the amount they cover, without requiring a minimal fee.Following that information, Binance introduced its blockchain-powered contribution platform known as the Blockchain Charity Foundation (BCF). BCF first used its contribution platform to raise funds for the victims of the flooding and landslides from Eastern Uganda. The platform accepts donations from Bitcoin (BTC), ETH and Binance Coin (BNB).Also in October, Binance’therefore venture wing Binance Labs spent millions of dollars from decentralized electronic information ecosystem Contentos, wich can produce a decentralized ecosystem which will purportedly offer transparency and monetization of content, with no third party censorship or removal of content.Founded from China in 2014, Binance has become the world’s biggest digital exchange concerning fixed daily trading volume, that will be around $796 million at press time, based on CoinMarketCap.Binance has been gradually expanding its trading activities to other nations, recently announcing the launch of its fiat-to-crypto market in Uganda, enabling users to buy two important cryptocurrencies — BTC and ETH — with the local fiat currency of Ugandan shillings.In September, the major exchange announced of private beta testing per crypto-fiat market in Singapore, that will presumably support the native Singapore dollar. Also that month, Binance signed a Memorandum of Understanding with the Malta Stock Exchange’s fintech and electronic asset subsidiary, MSX PLC, to establish a trading platform.In August, Binance LCX, also a joint venture between Binance along with Liechtenstein Cryptoassets Exchange (LCX), announced the launch of a fiat-to-crypto market in Lichtenstein. […]