The largest cryptocurrency market is expecting profits despite the fall



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Bloomberg

Some Cryptocurrency Exchanges Develop Despite a Decline in Digital Assets That Have Bitcoin Lose 52% of Its Value This Year

The Cryptocurrency Drop This Year Caused Bulls to Lose Billions dollars, but the largest stock of virtual currencies in the world continues to make money in the hands.

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Binance expects net gains among US $ 500 million and US $ 1,000 million in 2018, according to its maximum responsible. Changpeng Zhao said during an interview that the first half business figure reached about 300 million. The average daily business figure of its head office, inaugurated a year ago, is about 1,500 million US dollars, and Binance currently has 10 million users, he added. .

Zhao's figures show that some cryptocurrency exchanges are thriving despite a drop in digital badets that has caused Bitcoin to lose 52% of its value this year at a time when buyers are retiring, where head offices are attacked again and again and where regulators increase their controls.

Binance, which has had disagreements with the Japanese and Hong Kong authorities, is soon planning to allow head office clients in Uganda, Bermuda and Malta to convert their virtual tokens into legal tender like the euro. He intends to take advantage of his rapid growth.

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Zhao had previously said that Binance had 2 million users at the beginning of o. In July 2017, he created the head office which opened 11 days after receiving 15 million US dollars in an initial offer of coins. When the cryptocurrency frenzy peaked at the end of last year, the stock market managed daily operations for 11 billion US dollars. Binance has led Coinmarketcap.com's stock market rankings over the last 24 hours, with a total of $ 1,300 million.

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