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Author: Admin | 2025-04-27
Major global crypto exchange Binance announced the launch of Binance Cloud, an infrastructure solution for crypto exchanges. 11841 Total views 199 Total shares Binance’s newly released Binance Cloud platform might be somewhat different from what the crypto industry expects the new feature to be.After Binance founder and CEO Changpeng Zhao (CZ) first hinted at the introduction of Binance Cloud on Feb. 8, the new service has been officially released on Feb. 17, targeting users willing to set up crypto exchanges, according to a blog post by Binance.All-in-one infrastructure for launching a crypto exchangeAccording to the announcement, Binance Cloud will serve as an all-in-one infrastructure platform for customers and partners to launch digital asset exchanges based on Binance’s industry-leading technology, security, liquidity as well as custodial services. The solution also supports dashboard for managing funds, multilingual functionality, as well as a range of trading pairs and coin listings.The Binance’s new exchange-specific cloud solution will provide users with a method of setting up a crypto platform in their local markets. Binance Cloud’s features include crypto spot market and futures trading as well as local bank API integrations and peer-to-peer exchange services from fiat to crypto, the announcement notes. In the future, Binance Cloud plans to add more features like staking, over-the-counter trading services as well as token issuance with initial exchange offering platform.CZ says that Binance Cloud will allow users to launch an exchange within three to five daysSpeaking about Binance Cloud in an interview with Cointelegraph, CZ outlined that the new
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