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Binance Exchange: Fueling a Hot New Era of Token-based Exchange Models?

by Crowd Conscious, on Feb 11
Within 6 short months, Binance Exchange climbed into the Top 3 global cryptocurrency exchanges, processing between $4-10+ billion daily. Read on to find out how their innovative token-based business model is responsible for their exponential growth.
Binance 1

This post was originally published on my Medium blog and can be found here. I hope you enjoy and find this helpful! Igniting a Wildfire of Innovative Exchange Features For Traders If you have been a crypto-trader for anything longer than a few months, you have probably also experienced a lot of negative news from exchanges in the space. Perhaps the most critical exchange matter in recent years was the issue with Mt. Gox who, in 2011, announced that approximately 850,000 bitcoins belonging to customers and the company were missing and likely stolen, an amount valued at more than $450 million at the time [Source 1, 2]. 850,000 BTC today…$16,150,000,000 at $19,000 each. Source: CoinTelegraph, Mt. Gox CEO Passes Victim of Mt. Gox Happening I don’t know about you, but that’s an...

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