The CEO of the FX hedge fund Three Arrows Capital, Su Zhu, is in the latest crypto news with a statement that puts Binance in the spotlight as undoubtedly the most trusted exchange for buying Bitcoin and altcoins among investors within the digital asset community.
As Zhu said while citing a poll ran by a small exchange, Binance has “also become the most trusted crypto exchange among actual users.”
Interesting that @binance, a lightly regulated exchange, has also become the most trusted crypto exchange among actual users. You cant build trust by acquiring govt licenses/rubber stamps. https://t.co/1OXkskgHAr
— Su Zhu (@zhusu) December 23, 2018
Even though right now the main platform of Binance focuses on pure crypto-to-crypto trading, it also operates strictly regulated fiat-to-crypto exchanges in countries like Uganda and soon Singapore, with full support from the Singaporean authorities and local financial institutions.
Since its debut, Binance has emphasized on investor and security protection. For that, the exchange is still known to be in a prestigious group of exchanges alongside Coinbase and a handful of other exchanges of not suffering a single hacking attack or even a security breach since its establishment.
The CEO of Binance, Changpeng Zhao, is also recognized for major updates regarding new milestones, changes and announcements related to the exchange. Binance also adheres to immediate investor protection standards and ensures a high level of security, transaction monitoring, and Know Your Customer (KYC) and Anti-Money Laundering (AML) systems.
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