Cryptocurrency Q&A
Who is Binance backed by?
Who is Binance backed by?
CryptoTamer
Sun Jul 21 2024
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6 answers
1138
Could you elaborate on the backers and supporters behind the cryptocurrency exchange platform Binance? I'm particularly interested in understanding the entities or individuals that have provided financial or strategic support to the company. It's important to note that the cryptocurrency industry is rapidly evolving, and Binance, as a major player, has attracted significant attention. However, I'm looking for more specifics on who has backed Binance in terms of investments, partnerships, or other forms of support.
6 answers
DaeguDivaDanceQueenElegance
Tue Jul 23 2024
BTCC, a UK-based cryptocurrency exchange, also offers a comprehensive range of services to its customers.
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Maria
Tue Jul 23 2024
This service is based on a 1:1 reserve system, ensuring the stability and reliability of the platform.
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Carlo
Tue Jul 23 2024
The partnership with Paxos, a leading issuer of digital assets, further strengthens the credibility and trustworthiness of this new offering.
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Eleonora
Tue Jul 23 2024
Paxos, with its expertise in token issuance and regulatory compliance, provides a solid foundation for Binance's new service.
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Nicola
Tue Jul 23 2024
Through this collaboration, Binance aims to offer users a secure and reliable way to transact in digital currencies, backed by the stability of the US Dollar.
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