TOKYO, Oct. 31 – The world’s fastest growing pure cryptocurrency exchange – Binance – has entered into a strategic partnership with QUOINE, a leading global fintech firm. As a global top 10 exchange by 24-hour trading volume, Binance will be able to provide improved liquidity for QUOINE as well as access to a large selection of tokens and alt coins. QUOINE Corporation, which is the first registered fiat-enabled exchange in Japan, officially received its license from the Japan Financial Services Agency and will be able to provide local currency exchange channels for Binance. Both companies are world-renowned in the blockchain industry. The times of competition amongst blockchain trading platforms have come to an end – the era of collaboration is about to begin.
Binance is a pure crypto exchange with a matching engine capable of processing more than 1,400,000 transactions per second – making it one of the fastest in the world. The exchange has catapulted into the ranks of top 10 globally by 24-hour trading volume within just 3 months after its launch in July 2017. Binance.com is hosted in multiple languages including English, Japanese, Chinese, Korean, Russian, and Spanish, and with user base spanning more than 180 countries around the world. Currently, there are more than 80 different crypto currency pairs on Binance. The eclectic and carefully picked offerings consistently receive praise from the blockchain and cryptocurrency communities.
QUOINE is a leading global fintech firm providing trading services for Japanese yen, US dollar, Euro, HK dollar, Indonesian rupiah, Singapore dollar, Philippine peso, Indian rupee and Australian dollar. In September 2017, QUOINE Corporation became the first global cryptocurrency exchange to be officially licensed by the Japan FSA.
Binance CEO Changpeng Zhao commented, “We have been in constant communication with QUOINE and believe they have a professional team with abundant experience in Banking and Finance. It did not take us long to decide on having a strategic partnership with them, and we believe together we can provide global traders with a more comprehensive range of services. We hope that in the future, Binance will be able to enter into further collaborations with other exchanges for similar fiat-crypto co-operations”.
Mike Kayamori, CEO and Co-founder of QUOINE said that, “Binance and QUOINE are market leaders for global cryptocurrency trading platforms and our volumes make both Binance and QUOINE among the largest cryptocurrency exchanges globally. We are proud to share an aligned strategic vision with Binance to build globalized, liquid markets for the crypto economy. We are excited to welcome Binance to our Global Liquidity Alliance to strengthen the QUOINE LIQUID platform.”
About Binance
Binance is one of the fastest growing crypto asset exchanges in the world. Founded by a team of fintech and crypto gurus — it is capable of processing more than 1.4 million orders per second, making it one of the fastest exchanges in the market. The platform focuses on security, robustness, and execution speed — attracting enthusiasts and professional traders alike.