Binance Cloud Launched - Make STEEM Based Exchange ?
Now within 5 days you can start own exchange with Binance system, options and liquidity right away.
Binance Cloud will mirror core functionalities of the Binance global exchange, ranging from its robust matching engine, trading risk controls and big data security system, to the market depth and liquidity previously only available on Binance.com.
An exchange-specific cloud solution, Binance Cloud provides partners and customers with a means to efficiently set up a digital asset trading platform in their local markets, with features that include spot market and futures trading, as well as local bank API integrations and peer-to-peer (P2P) fiat-to-cryptocurrency exchange services. With more features launching soon, the Binance cloud solution allows a wide range of institutions to launch a platform that offers global payment and cryptocurrency trading capabilities, while also allowing for brand customization and features control.
“As a part of Binance’s Open Platform initiative to enable more crypto access globally, Binance Cloud supports its customers and global partners with a complete turn-key exchange platform solution, consolidating the new financial infrastructure to an open platform based on blockchain technology,” said CZ (Changpeng Zhao), CEO of Binance. “With these initiatives focused on opening access to Binance’s technology and resources as an infrastructure provider, we aim to limit the technical challenges for platforms and partners, allowing them to focus on their users and local fiat access and accelerate the global adoption of crypto.”
The Binance Cloud service is an all-in-one solution, featuring an easy-to-use dashboard that allows customers to manage funds, trading pairs and coin listings, as well as multilingual support, depth-sharing with the Binance.com global exchange, and more opportunities to collaborate with the ecosystem.
“Binance Cloud is a product suite previously missing from the market,” said CZ. “We are eager to share the quality experience of Binance through different brands, communities, and markets globally.”
As part of its product roadmap, Binance Cloud will add more features for its partners in the near future, including staking and OTC (over-the-counter) trading services, as well as token launch capabilities via an IEO (initial exchange offering) platform. The first major digital asset exchange fully powered by Binance Cloud will launch in early March 2020.
STEEM Exchange to come ?
So yes, right now we can launch STEEMEXCHANGE and have all liquid markets and loads of bids right away. I think this is good news on our current situation here as we can have our own "binance" now with STEEM on top of it.
Worth to note you dont need Binance verified account to start the cloud exchange.
Link here: https://cloud.binance.com/
CC to people here that should see this @blocktrades @theycallmedan @transisto @smooth @aggroed @gtg @freedom @roelandp @good-karma @cervantes @ausbitbank @therealwolf @drakos and others.
Just an idea in these times.
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Wow! This seems pretty big no? Is this the first case of its kind? I wonder what the legal implications are for starting an exchange like this, especially as you don't need a verified account to implement this. I assume Binance will still hold all of the assets in their virtual wallets?
I'm not really sure what to think about this one. What do you reckon @kingscrown, good, bad, neutral?
Cg
its good news that anyone (with money) can make exchange and have binance liquidity so we can make ie STEEM denoiminated one.
If you create your own exchange using Binance Cloud, can you add more currencies or are you stuck with what ever currencies the main Binance is listing?
i understand you can add more just you will pay for those extra. bittrex does same. you can use VCC exchange and have some different coins (even vietnamese dong)
Yes #binance will be upgrade steem
;DDDD
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STEEM available on every chain will be the greatest idea. In Binance, TRON, Etrhereum, EOS and etc. Like DEC token for @steemmonsters can be bought/sold in TRON and Etrhereum.
yeah !
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