Binance, the world’s leading cryptocurrency exchange by trading volume, has invested an undisclosed amount in MoonRat, a new cryptocurrency trading platform. The investment was made through Binance’s venture arm, Binance Labs.
This is the first time Binance has invested in a company that is not building on the Binance Chain blockchain or using the Binance Coin (BNB) token.
MoonRat is a Singapore-based startup that is building a “next-generation” cryptocurrency trading platform. The platform is designed to be “simple and intuitive” for first-time users while also offering advanced features for more experienced traders.
MoonRat is currently in private beta with a limited number of users. The team plans to launch the platform to the public in Q1 2020.
NOTE: No, MoonRat is not a Binance. MoonRat is a cryptocurrency trading platform that allows users to purchase and sell various cryptocurrencies. It is not affiliated with Binance in any way. Please use caution when dealing with any online trading platform, including MoonRat, and make sure to do your research before investing any money.
In an interview with The Block, MoonRat co-founder and CEO Tianyao Huang said that the startup plans to offer “a more seamless experience” for users who want to trade between different cryptocurrencies.
Huang also said that MoonRat will focus on “quality over quantity” when it comes to the listing of digital assets on the platform. He said that the team will carefully select which assets to list based on factors such as project viability, community support, and liquidity.
This focus on quality over quantity is in line with Binance’s own philosophy. Binance CEO Changpeng Zhao has said in the past that he wants Binance to be known for listing quality projects rather than just listing every project that comes along.
Binance’s investment in MoonRat is a vote of confidence in the team and their ability to build a successful cryptocurrency trading platform. It also gives Binance another avenue to generate revenue from the growing cryptocurrency trading market.
The amount of the investment was not disclosed, but Huang told The Block that it was “a seven-figure deal in USD equivalent.”.
9 Related Question Answers Found
It is often said that Mooncoin is a Binance. While this may be true, there is much more to this story. Mooncoin, like Binance, is a cryptocurrency exchange.
There is no current conclusive answer as to whether or not the cryptocurrency Luna is available on the Binance US exchange. However, there are a few key bits of evidence that suggest it may be. First, Luna is listed as a supported currency on the Binance US website.
Voyager, an app-based broker that offers commission-free cryptocurrency trading, is now available on Binance. You can now trade a variety of cryptocurrencies on Voyager with no commission fees. This is big news for both Voyager and Binance users.
Binance, the world’s leading cryptocurrency exchange by trading volume and users, has announced a new project called “Render Network” (RNDR). According to the announcement, Binance will be investing in the development of RNDR, which is a decentralized rendering platform powered by blockchain technology. The platform will allow users to “rent out” their idle computer resources to power the network and earn rewards in RNDR tokens.
This is a question that has been asked by many in the crypto community, and it is one that does not have a straightforward answer. Pha is an up-and-coming cryptocurrency exchange that has been gaining a lot of traction in recent months. While it does have some similarities to Binance, such as being a centralized exchange with a focus on altcoins, there are also some key differences that set it apart.
Binance, the world’s largest cryptocurrency exchange by trading volume, has announced its intention to launch a public blockchain platform called Venus. The new platform is being developed in partnership with Cred, a crypto lending and borrowing platform. The announcement was made during the Binance Blockchain Week event in Singapore.
Ava is a Binance. Binances are online cryptocurrency exchanges that allow you to buy, sell, and trade digital assets. Ava is one of the largest and most popular binance exchanges in the world.
Binance is a cryptocurrency exchange that launched in July 2017. Rocket Bunny is a project that aims to create a decentralized exchange on the Binance Chain. The two are not the same thing, but they are closely related.
As of September 25, 2020, Dogelon Mars (ELON) is not listed on Binance. However, Binance does list some other Elon Musk-related cryptocurrencies, including Dogecoin (DOGE) and Marscoin (MARS). Dogelon Mars is a cryptocurrency that was created as a parody of Dogecoin and named after Elon Musk.
