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Tag Archives: Binance

Analysis: Chinese Crypto Exchanges’ Financial Products

Sep 18, 2019

Vincent He

Financial products of the major crypto exchange in China are focusing on depositing crypto to generate interest, and the interest comes from the income of leverage trading is lower than the average level; Crypto wallet is the most used access to provide financial products, involving deposit, Sta...

Binance to Burn $2.4 bln Worth of BNB, Reduce Token Supply

Jul 13, 2019

Olusegun Ogundeji

Top cryptocurrency exchange, Binance, has initiated the process of giving up 40% allocation of the total supply of its native token Binance Coin (BNB). The earmarked 80 mln BNB (currently worth about US$2.4bln) was originally meant to reward the Binance team for their effort at build...

Is China’s Importance in Crypto Space Likely to Creep Back?

Jun 16, 2019

Olusegun Ogundeji

From mining to trading cryptocurrencies like Bitcoin and the use of blockchain technology, China is known to play a crucial role in the global crypto space. The role and its influence on the crypto market seemingly reduced in the last two years due to stringent measures put in place by the Chin...