Binance has already made $300M in revenue this year from 10 million users
Binance, the world’s largest cryptocurrency exchange, expects to earn between $500 million and $1 billion in net profit during 2018.
Binance CEO Changpeng Zhao said that Binance’s first-half revenue was $300 million and that the exchange has grown rapidly since July of 2017, when the then China based platform opened for business.
Currently Binance has more than 10 million registered traders.
Swiss stock exchange operator to launch crypto assets exchange
SIX, the owner and operator of Switzerland’s principal stock exchange has announced plans to launch the SIX Digital Exchange – a crypto assets exchange fully regulated by the country’s financial regulator and central bank.
The new crypto initiative intends to be “the first market infrastructure in the world to offer a fully integrated end to end trading, settlement and custody service for digital assets… a recognized and regulated infrastructure provider who provides all steps of the chain in an integrated and secure model” explained SIX head of securities and exchange, Thomas Zeeb, describing SDX as an all-in-one platform.
Kraken Daily Market Report for 05.07.2018
KRAKEN DIGITAL ASSET EXCHANGE
$105M traded across all markets today
Crypto, EUR, USD, JPY, CAD, GBP