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[AudraMiller]

The binance exchange platform has recently been gaining a lot of attention in the news because of the fact that it has not been able to meet regulatory requirements in the various countries that it operates. This has caused a lot of people to actually migrate to a different cryptocurrency exchange platform that is more reliable within the region that they are based. Recently however that has been released in a news article that binance exchange platform is planning on expanding and it is looking to set up a new headquarters possibly in Ireland. This will help them to meet the regulatory requirements of that specific region. What do you think about this development and how will it help in regaining the confidence that they have lost in people?

 

[Sotherefore]

well, it is one of the largest cryptocurrency exchanges, setting up their headquarter in other countries will make the countries to adopt into cryptocurrency this will eventually lead to exposure of cryptocurrency to other part of the world...I see it as a nice development for cryptocurrency.

 

[07Trinity]

The binance exchange platform has recently been gaining a lot of attention in the news because of the fact that it has not been able to meet regulatory requirements in the various countries that it operates. This has caused a lot of people to actually migrate to a different cryptocurrency exchange platform that is more reliable within the region that they are based. Recently however that has been released in a news article that binance exchange platform is planning on expanding and it is looking to set up a new headquarters possibly in Ireland. This will help them to meet the regulatory requirements of that specific region. What do you think about this development and how will it help in regaining the confidence that they have lost in people?

This is definitely a good news,one thing with binance is,for every program they plan to achieve,there is always an incentive to backup and support their users.

 

[AudraMiller]

This is definitely a good news,one thing with binance is,for every program they plan to achieve,there is always an incentive to backup and support their users.

That is very good point, however i think that being the sizable exchange that they are and the reputation that they have at stake that they always have to be able to back up any claim.

 

[07Trinity]

That is very good point, however i think that being the sizable exchange that they are and the reputation that they have at stake that they always have to be able to back up any claim.

I really wish they are other reputable platforms that can challenge binance,this will increase competition and we the users will always be at the top.

 

[Wisdom01]

I think it's a good development ,and I think it's also an avenue for them to reduce the pressure of the regulatory threat they were having too

 

[Niftyicon]

I think that expansion can be expected of the largest global exchange platform. It has many services to offer even beyond the exchange, so, an expansion is inevitable.

 

[Wisdom01]

I think that expansion can be expected of the largest global exchange platform. It has many services to offer even beyond the exchange, so, an expansion is inevitable.

Expansion is really Paramount and for you to make more profit ,you obviously need to be more keen on giving out food services to expand your business

 

[Brain]

Binance is planning big and just want to take over from other rivalry if any but with the way they are trying to toughen up security I think this expansion will be real

 

[Niftyicon]

Expansion is really Paramount and for you to make more profit ,you obviously need to be more keen on giving out food services to expand your business

...especially for a huge business like Binance. Look at all the services the business renders which has made competing with it quite difficult.

 

[Wisdom01]

...especially for a huge business like Binance. Look at all the services the business renders which has made competing with it quite difficult.

Apart from the good service they offer ,they still offer low transaction fee to binance users , this is actually an addition and would make people use the platform more

 

[Brain]

...especially for a huge business like Binance. Look at all the services the business renders which has made competing with it quite difficult.

Well, this is how to win other competition in business,you bring innovative ideas that can't be found amongst others. Binance knows this and they are capitalizing on it

 

[Mariappa45]

Binance have gotten widespread acceptance, their popularity is beyond compare in the cryptocurrency world. Expanding brings more customers and support as well.