Bears on the cryptocurrency market have dominated for more than a year. In various thematic chats you can hear a huge number of stories about the loss of more than 80-90% of the deposit in dollars, but customer losses are not reflected in any way on the cryptocurrency exchanges.

Huobi Global CEO Livio Weng in an interview with the South China Morning Post (SCMP) shared information, according to which 70% of the company's revenue brings the main exchange business.

Co-founder and managing partner of the Multicoin Capital cryptocurrency fund, Kyle Samani, shared his opinion on important trends in the field of cryptoassets for the coming year.

Samani noted that he is closely watching the popular Binance Cryptocurrency Exchange and its development of a new decentralized platform, the launch of which can change the digital industry. He expects that the status of this exchange will allow it to attract a large number of users to an alternative solution, while Binance competitors, who are also developing such platforms, are unlikely to succeed.

The decentralized Binance Exchange was registered in Switzerland, owned by the Shanghai-based company Beiji Technology, managed by a team of professionals with solid experience on cryptocurrency technologies on Wall Street. The company is headed by Changpeng Zhao, who previously headed the Blockchain development department, and also co-founded and technical director of OKCoin.

The name cryptocurrency exchange Binance received as a result of the intersection of two English words: binary (binary, double) and finance (finance).

In most countries of the world, people are allowed to buy and sell Bitcoins and other crypto-currencies for profit from investments. However, as we have seen in countries such as Bangladesh, Bolivia, Ecuador and Nepal, the sudden prohibition of Bitcoin may be around the corner and very quickly become a problem for active traders. This in itself gives sufficient grounds for the crypto-investors to pay more attention to confidentiality and anonymity when trading and making transactions with cryptocurrencies.

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