Binance Reaches a New Milestone

Coin Press Turbo
2 min readMar 16, 2021

In 2020, we had seen the comeback of bitcoin and blockchain and in midst — evolving patterns on world markets, and the advent of decentralized financial solutions. Last year, Binance has experienced significant growth, working as a gateway across fiat and crypto, through centralized and decentralized finance, and also between possible futures.

2020 was the defining moment where Bitcoin and crypto have transitioned from an up-to-date, revolutionary value-exchange technology to a worldwide transformation of the financial system. We also have seen the proliferation of entities and large corporations that have invested in cryptocurrency mostly as significant part of their strategies. We have seen an environment that is unexpectedly more suitable to remote work and digital banking, which further induces for adopting a crypto lifestyle.

Binance introduced a new milestone of far more than $80 billion per day across its market and related channels.

Binance’s staggering amount comes as Bitcoin solidifies above $30,000 by winning or more % over former all-time peak, and Ethereum has regained absolute value for the very first time since January 2018.

A highest all-time record for Bitcoin on the Binance Exchange is seen as BTC hit $24,295 on this day.

Conversely, in contrast to remarkable trading operation, Jan. 4 also saw Binance processes log $190 million in liquidations over minutes as BTC rapidly plummeted under $30,000.

Also read : The altcoin market crashed as Bitcoin hits a new all-time high

It’s definitely wait and watch game for crypto industry to soar high and exchanges to grow rapidly.

2020 was the defining moment where Bitcoin and crypto have transitioned from an up-to-date, revolutionary value-exchange technology to a worldwide transformation of the financial system. We also have seen the proliferation of entities and large corporations that have invested in cryptocurrency mostly as significant part of their strategies. We have seen an environment that is unexpectedly more suitable to remote work and digital banking, which further induces for adopting a crypto lifestyle.

Binance introduced a new milestone of far more than $80 billion per day across its market and related channels.

Binance’s staggering amount comes as Bitcoin solidifies above $30,000 by winning or more % over former all-time peak, and Ethereum has regained absolute value for the very first time since January 2018.

A highest all-time record for Bitcoin on the Binance Exchange is seen as BTC hit $24,295 on this day.

Conversely, in contrast to remarkable trading operation, Jan. 4 also saw Binance processes log $190 million in liquidations over minutes as BTC rapidly plummeted under $30,000.

It’s definitely wait and watch game for crypto industry to soar high and exchanges to grow rapidly.

Also Read: Blockchains LLC plans to build a smart city in the Nevada desert

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Coin Press Turbo
Coin Press Turbo

Written by Coin Press Turbo

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Blockchain and cryptocurrency are two areas that have developed at a very rapid pace. We have seen strong development in both blockchain technologies. Follow us

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