Binance Chief CZ Shares Milestone Achievements of Binance in Quarantine Days

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Binance CEO, Changpeng Zhao, took to his official Twitter handle to highlight the key accomplishments of his team in the past four days during the quarantine period. Governments around the world have imposed lockdown in their respective countries to promote social distancing to eradicate the deadly coronavirus outbreak. The pandemic has given a major jolt to the world economy as it has brought trade and finance to a standstill.

Amid this crisis, Binance has been quite active in expanding its operations and has lived up to its promise of keeping customer’s satisfaction at the forefront. The exchange has been striving to make available the lucrative services to its global customer base at their disposal without any hindrance. Given below is the list of 5 significant milestones achieved by Binance in this quarantine period, as mentioned by Changpeng Zhao.

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  1. Binance Academy To Open Office In Shanghai.

Binance Research Institute will aid the efforts concerning the co-construction of the “Lingang Blockchain Technology Industry Research Institute.” The organization has teamed up with Lingang Xinyefang and Lingang Innovation Management College to establish the educational institute in Shanghai. The institute will play a significant role in promoting research operations focused towards China’s blockchain core technology, industry application development, and industrial ecology. It will also emphasize China’s blockchain talent pooling and knowledge enhancement.

  1. Binance Adds Support To South African Rand (ZAR)

The popular exchange has added payment gateway for the South African Rand. The trading for the currency began at 4:00 AM (UTC) on March 27, 2020. As part of the integration, the global Binance users shall now be exposed to five new trading pairs, namely BTC/ZAR, ETH/ZAR, BNB/ZAR, BUSD/ZAR, and USDT/ZAR.

  1. Binance Launches the Binance Card

On March 26, 2020, Binance unveiled the highly anticipated Binance Card in front of the global audience. The card is issued by payments giant Visa and will render the exchange users with a golden opportunity to make purchases, pay bills with cryptos such as BTC and BNB at more than 46 million Visa merchants across the globe. The card shall be accessible to the users in selected regions and will cover more than 200 regions and territories, both in-store and online.

  1. Binance Charity Initiates $5 Million Coronavirus Relief Campaign

Binance Charity, the philanthropy arm of the Binance network, kickstarted a noble fundraising campaign of $5 million to aid the relief operations being carried upon by governments worldwide against the COVID-19 pandemic. The organization aims to pool in $5 million worth funds in cryptocurrencies like BNB, BTC, BUSD, and XRP to purchase medical supplies for the most severely affected countries in the world, including Italy, Germany, Spain, Korea, Turkey, etc. Binance will make an initial donation of $1 million and will donate up to $2 million through the #CryptoAgainstCOVID social media campaign. Also, Binance Charity will match $1 million pf public donations collected during the campaign.

  1. Binance Collaborates With Brave Browser

Binance has entered into a strategic partnership with Brave Software, the firm behind the creation of the Brave browser. The integration will help the users of the browser platform to trade cryptocurrencies via the revolutionary Binance exchange services. The Binance widget available on the browser’s page will aid the users to enjoy quick access to Binance.com and Binance.US portals to buy and sell crypto, check balance, obtain deposit addresses, etc. without logging off the browser. The brave browser combines privacy with a blockchain-powered digital advertising platform and is quite popular in the arena.

Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.

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