Binance is definitely not a new term for cryptopreneurs! In recent days it often appears in the headlines for activities such as partnership and acquisitions. This Exchange threatens their competitors by their super heroic quick establishments. Travella, Coinmarketcap, wazirx, etc, are of their recent accomplishments.
Whether they have binance.com as the parent website, they have launched Binance Us, Binance jersey with Europeans as their targeted audiences. As another launch, Binance introduced Binance Australia to attract Oz users where traders are allowed to buy or sell cryptos by their native currencies. One can either use their bank account to transfer money. No deposit and withdrawal fee. Each and every action of binance is very noticeable and has a deep business vision in it.
Cz, CEO Binance said that
“Australia has been at the forefront of blockchain innovation with favorable policies. By providing a secure and regulated platform for trading digital currencies with AUD, Binance Australia aims to make crypto more accessible among Australian users, furthering our mission to provide crypto access and drive freedom of money worldwide.”
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The new trend among entrepreneurs and startups is to adapt, recreate or scale a business model of already existing applications which is successful and popular.
People who know about cryptocurrency will of course know about Binance as it is one of the most successful.
