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Binance Cloud Is Launching In 10 Days: Changpeng Zhao

Stefan by Stefan
8 Feb 2020 • 00:00
in Binance News
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Aside from the Bitcoin supply and price which are viral in the cryptocurrency news this week, we can also see that Binance Cloud is also launching in 10 days. The head of one of the most popular exchanges hinted at the birth of Binance Cloud and said that this product will reportedly be unveiled in 10 days.

Binance Cloud may bring a lot of novelties and go viral in the Bitcoin and altcoin news and rumors. However, exactly what it might entail was not explained as Zhao remained fight-lipped during the AMA session. Still, what we could see is that the exchange is looking for for a Senior Cloud Engineer to join its Engineering and Architecture Team.

This position, as the ad shows, involves  “large scale, massive parallel and highly available compute[r] systems on the advanced Cloud Computing platform,” and requires a person who can “improve, scale and automate this business critical Cloud-based architecture.”

The Binance news hint on how this translates into a consumer product. However, the probable answer is only days away and the head of the exchange followed up the AMA by tweeting a GIF of some clouds – therefore increasing the speculation even more.

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https://twitter.com/cz_binance/status/1225808588913942529

All in all, the situation clearly shows that we might see BNB futures with 50x leverage launched on February 10. The Binance Coin news yesterday were in the headlines showing that the exchange added fiat gateways for currencies including the Russian Rubles, Norwegian Krone and Croatian Kuna. The cryptocurrency purchases were also made available with Russian credit cards.

Besides Binance Cloud which is a hot topic itself, we could see that WazirX (the Indian cryptocurrency exchange acquired by Binance) also held a successful initial exchange offering (IEO) before this for its WRX coin through the Binance launchpad.

All of this shows that Binance is ‘cooking’ a lot of things and is actively working on many new releases. However, the exchange remains quite controversial about most of them and its CEO, Changpeng Zhao, decided to not talk about Binance Cloud before it is time for that.

There hasn’t been an official reply or comment from them regarding the news on Binance Cloud.

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Tags: Binance CEObinance cloudbinance cloud newsbinance exchange analysisbinance exchange newsBinance newsbinance news nowchangpeng zhaoexchange binancefeaturedzhao founder
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Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

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