The Asia based cryptocurrency exchange has announced its own blockchain, building a basis for issuing new cryptocurrencies and initial coin offerings. Binance Chain Explorer and Web Wallet is now available to selected partners in beta testing mode.
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Binance Chain launches, firm expects to execute mainnet swap on April 23
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Binance is currently the third largest crypto exchange by adjusted daily trading volume. As recently reported, Binance’s Q1 2019 profits surged 66% compared to the previous quarter. According to another report, Binance saw $78 million in Q1 profits due to a massive growth in its over-the-counter trading platform. Recently, Binance’s charity arm launched a crypto donation channel to support the reconstruction of the Notre Dame cathedral.
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