The most renowned and world’s largest crypto exchange by trading volume, Binance is launching its own analysis and research division. Binance is calling this new analysis wing as Binance Research. Moreover, the research division will focus on creating industry grade analysis reports. The crypto exchange launched the platform on November 8, 2018, for industry analysis.
The crypto exchange made the announcement through their official Twitter handle. Furthermore, they also announced it on their official blog about this. The crypto exchange is calling the new firm, an analysis division to the trading platform giant.
More about Binance launching Binance Research
Binance announced the launch of their new analysis and research division on their official blog. It stated: “Fellow Binancians, Binance is happy to announce the official launch of our new analysis division, Binance Research.”
The crypto exchange aims to provide transparency and security in their platform. Furthermore, with this, they’ll also provide better assurance and knowledge to any trader or investor. Most noteworthy, Binance also has an education division dedicated to providing education on blockchain and cryptocurrencies. Furthermore, the crypto exchange calls its education division as the Binance Academy.
The blog stated this. “Binance Research is a new pillar of the Binance ecosystem, focused on the creation of institutional-grade research reports with the aim of increasing transparency and improving the quality of information available within the crypto space.”
Moreover, to add credibility to their analysis and research division, they have also rolled out several reports for everyone. “Two of our in-depth research reports are already online, with more set to be regularly released over the coming weeks.”
Binance Research released an in-depth report on the creation and maintenance of the renowned Loom Network. In this research, they have analysed the network on a various number of factors and metrics. Furthermore, it provides the reader with the pros and cons of the network, along with credible data and pictorial graphs about its price.
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