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Zain Raza
May 8, 2020
by Zain Raza

Non-Verified Binance Traders Can Also Post Ads Now

Binance Traders
In a move to promote further Crypto freedom on the exchange for its users, Binance announced on Friday that it'll allow all traders now to post advertisements on the platform. The users can now set up their own trade, put ads and promote it. More than twenty-five fiat currencies are supported on Binance and CEO Changpeng Zhao has stated that the platform works tirelessly to enhance the freedom it offers to it crypto users and while earlier the option was only for verified traders, now anyone can trader P2P and no extra fees would be charged.

He went on to add that given it is a profitable business, it wants the traders to benefit from it and compete with each other by offering competitive prices and providing services and various new payment methods for users across the globe. There would be no fees charged and the ad would be created on Binance peer-to-peer according to CZ.

Letting Non-Verified Binance Traders Promote Ads is Another Feather in The Cap 

In a really smart move by Binance, it added digital yuan to the exchange and strengthen its foothold in the country where most Crypto exchanges are banned.

The move by Binance to allow non-verified traders to promote ads on the platform would surely add to the popularity of the exchange. Binance has come up with many features lately like derivatives exchange and mining pool etc, and all have been pretty much a masterstroke.

However, there are a few moan and groans in the community regarding the foothold Binance is gaining in every field it is stepping into and turning it into a monopoly. Probably the most lucrative acquisition it has made lately is of Crypto data firm CoinMarketCap for $400 million. The exchange recorded its all-time high volume of $16 billion just a week ago.

Damn son, $15.9 BILLION a couple hours later.

Still going strong. FOMO mode now. Took a while, lol.

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    Non-Verified Binance Traders Can Also Post Ads Now
    Zain Raza
    Zain is a fervid fan of bitcoin and has been meticulously covering the field for a fair amount of time now. An aficionado of Spider man, Liverpool and Slim Shady.

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