The Bitcoin exchange Binance supports now the Russian national currency. In addition to the ruble-trading is the world’s largest crypto-mulls-stock-market moreover, according to media reports, a presence in China.
By Phillip Horch
At the 1. November 2019BTC$9.413,50 2.96%part Facebook Twitter LinkedIn xing mail
Binance, is expanding its business field continuously. The crypto-exchange that you can trade Bitcoin, Ethereum, Ripple and other crypto-currencies, now support the Russian ruble. A notice of the company’s, traders can Deposit funds on Binance now rubles and, thus, Bitcoin (BTC), Ether (ETH) and the Ripple Coin XRP to buy.
Russia is among the Top 10 of the exchange
This Binance increased their already large catchment area. How to Binance chief Changpeng Zhao in an Interview with the Russian-speaking crypto-page Forklog confirmed, Russia is among the Top 10 countries with the highest Trading frequency in the stock market. According to the magazine Binance is also in Russia, Ukraine and Belarus are the popular Trading exchange for crypto currencies.
expansion plans to China
As the English language crypto-magazine, Coindesk reported also, the Bitcoin stock exchange seem to be increasingly in China. This message may be seen as a reaction to the fact that the middle Kingdom is more for the Blockchain technology and want to open. Last Friday, the General Secretary of the Communist party, Xi Jinping, spoke out openly in favour of China wool open the Blockchain technology in the future. In the result, the Bitcoin price rose sharply, even if crypto-currencies by the Chinese government, not the speech was. In the aftermath, the Chinese government has weakened the euphoria again.
Binance The Bitcoin spread
stock market is reaching your sensor currently in many directions. So Binance is working with various government representatives at a Stable Coin is a project called Venus. The Initiative will enable governments to call a local Stable-Coin projects. Projects such as the E-Euro or digital representations of other government currencies can be possible.
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Also in the field of option trading Binance has already taken root. The Bitcoin stock exchange launched in September, forward contracts (Futures) for crypto-currencies. In this context, it has also taken over the JEX-platform from the Seychelles.
Binance has its headquarters currently in Malta. There, the crypto-exchange was drawn after you had problems with the Japanese government. She had operated her business there without a license.
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