Binance Announces New Features, alongside Successful Token Buyback


Binance, one of the fastest cryptocurrency exchange platforms has recently published its monthly operational data, showing significant progress in terms of adoption among the community as well as revenues. The platform, in its recent report stated various challenges it overcame over the past three months through effective implementation of intelligent business strategies.

Following its ICO, the platform offered no‐fee trading for its customers during the first month, which resulted in the loss of potential revenues during that period. Soon after, the Chinese government’s decision regarding ICOs further forced the platform to forego a significant portion of earnings by limiting its dealings with various tokens issued as part of other ICOs by multiple projects.

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