Cryptocurrency exchange Binance foresees up to $1 Billion in profits for year 2018

USD	2018-7-8 14:55

Exchanges

Leading cryptocurrency exchange Binance expects a net profit of up to $1 billion USD this year.
Moreover, according to CEO Changpeng Zhao, the trading platform expects to accumulate a net profit of $500 million to $1 billion USD for the whole 2018.
Changpeng Zhao The average daily turnover at Binance, which was launched about a year ago, is around $1.5 billion, its founder and chief executive revealed.
In Malta, Binance intends to set up a fiat-crypto exchange and start supporting fiat deposits and withdrawals, adding EUR and GBP trading pairs.
Maltese authorities welcomed the arrival of Binance, which is not the only crypto exchange attracted by the favorable business climate the government is trying to create for crypto businesses.

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Источник: bitcoints.com

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