Chanpen Zhao: Binance can survive any bear market

Date:

2019-02-09 17:00:08

Views:

3055

Rating:

1Like 0Dislike

Share:

Chanpen Zhao: Binance can survive any bear market Source:

The Billionaire, Chanpen Zhao ready for anything — according to him, Binance can survive any bear market. The case of the trading platforms are so successful that even the rapid decline couldn't cause it significant damage in financial terms. Zhao also expressed hope that the partnership with the payment system xRapid promoted by the Ripple command.

the

Binance gaining market

Recently, Zhao held a series of answers to questions in the Periscope, during which he expressed a desire to cooperate with the developers of Ripple. However, while plans of the partnership remain only on paper.

We work with a certain number of other partners. With xRapid doesn't do anything yet, but in the future we will certainly cooperate.

Zhao also noted that Binance can survive almost any adversity of the stock market. The company will operate even in a hundred years after today. The team Binance pays little attention to the daily fluctuations of Bitcoin prices.

Binance ready to survive any length of time, regardless of market conditions. We don't much pay attention to the market situation. At least not as much as people think it is. We just work and build new functionality. Binance has excellent financial performance and strong team. Our goal is 10, 50, 100 years. So we're gonna be in the market for a long time.

And yet, Zhao did not believe Binance a successful exchange. He was proud of the progress of their work, but also reminds about the features of the young kriptonyte.

For Binance all major achievements are still ahead, so while I don't believe the exchange is completely successful.

Find the most profitable coins to invest on Binance you will help our subscribers . In addition, we recommend you to follow . Now it is especially important.

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

Rally Bitcoin — deception. Well-known economist advises to invest in gold

Rally Bitcoin — deception. Well-known economist advises to invest in gold

Director of Euro Pacific Asset Peter Schiff does not see anything supernatural in growth . Recall that the main cryptocurrency has already risen by 179 percent since the beginning of 2019 and is now trading at the level of $ 8540. According to Schiff...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in...

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...

Hacker 1337. How to hack Etherscan not to cause any harm

Hacker 1337. How to hack Etherscan not to cause any harm

Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...

Cryptoprocta TON from Telegram's almost ready. When will launch?

Cryptoprocta TON from Telegram's almost ready. When will launch?

Open Network Telegram TON may go down in history of cryptosphere as the most secretive but well-funded project to date. Last year ICO popular messenger Telegram whopping $ 1.7 billion sale of tokens Gram to a restricted list of in...

Will have to wait: Ethereum will drop to $ 90 before the Grand growth

Will have to wait: Ethereum will drop to $ 90 before the Grand growth

the stock market is now more reminiscent of a lifeless desert, because the period of low volatility of cryptocurrency is strongly reflected in the dynamics of the auction. as long as you hold above 3400 dollars and did not fall be...

What altcoins will increase in February? Analysts forecast

What altcoins will increase in February? Analysts forecast

the Service published the results of its latest monthly poll of leaders of kryptonyte and FINTECH experts. The overall trend is quite positive — many believe in the imminent growth of digital assets, but in a strong bullish predic...

For the growth of cryptocurrencies need not ETF. The opinion of the CEO Binance

For the growth of cryptocurrencies need not ETF. The opinion of the CEO Binance

the General Director of the leading cryptocurrency exchanges Binance Chanpen Zhao said that the ETF for the cryptocurrency cannot be a panacea. This opinion he expressed during the broadcast of the Periscope. In his opinion, the i...

Judge: capturadora waiting for another round of pain

Judge: capturadora waiting for another round of pain

it would Seem that the stock market has already passed through fire, water and copper pipes. As it is not so. Fundstrat Global Advisors analyst Robert Slamer said that the worst of times for the crypt is yet to come. In his opinio...

ASIC miners made it to Monero. Hasrat network has increased dramatically two times

ASIC miners made it to Monero. Hasrat network has increased dramatically two times

Over the last month has increased two times, which raised suspicions within the coins. Some commentators point to the apparent presence of Asimov network Monero. If this is true, then soon the XMR developers will have to spend har...

Mt. Gox returns. Why would anyone need a Gox Coin?

Mt. Gox returns. Why would anyone need a Gox Coin?

the hacking of the exchange Mt. Gox suffered 24 thousand people. Then 850 thousand bitcoins, which was equivalent to 460 million dollars. The situation is evolving: a new movement called GoxRising urges rapid rehabilitation plan o...

Litecoin makes a step forward Mimblewimble. The team now collaborates with the Beam

Litecoin makes a step forward Mimblewimble. The team now collaborates with the Beam

the Team is actively working on the implementation of privacy and interoperability. The company entered into cooperation with what now they will work together on the implementation . One of the goals is to improve privacy in the c...

The Ethereum hold above $ 100. What do the traders?

The Ethereum hold above $ 100. What do the traders?

the Price again went to a local adjustment. Fortunately, the bulls manage to hold the psychologically important level in 100 dollars. If this trend will continue in the future, it makes sense to count on growth of the asset in the...

BAT increased by 32 percent on the day. What is the reason?

BAT increased by 32 percent on the day. What is the reason?

Educational from Coinbase hosted the final stage of testing is now the platform will allow its users to make knowledge about the crypt. Thanks to the launch of Coinbase Earn tokens BAT increased in price by 32 percent. Recall that...

Mining alive? Fans of the crypts was caught stealing electricity for 250 thousand dollars

Mining alive? Fans of the crypts was caught stealing electricity for 250 thousand dollars

police arrested a group of suspects for theft of electricity to service a cryptocurrency mining farm. According to Cointelegraph, the police traced the network of 49 computers in the premises of the former energy company PGH Elekt...

A mystical exchange: five suspicious facts about the death of the CEO of QuadrigaCX

A mystical exchange: five suspicious facts about the death of the CEO of QuadrigaCX

recently in Bloomblerg has information that QuadrigaCX CEO Gerald Cotten legally changed his will 12 days before his death. The last will of the deceased to transfer the assets to his wife, Jennifer Robertson. The truth of the who...

The end of the story: hackers sold the last inventory of the stolen coins from Cryptopia

The end of the story: hackers sold the last inventory of the stolen coins from Cryptopia

the Sad history of burglaries Cryptopia coming to an end — hackers, hacked the stock exchange, selling the last of the stolen coins. According to preliminary calculations, all they managed to divert approximately 16.1 million doll...

Acne, live: hardwork Constantinople overvalued market

Acne, live: hardwork Constantinople overvalued market

acne Buterin gets too much attention, after all, his last experience in overrated. Representatives of the research firm Cumberland Research said that market players are pinning too much hope on hardwork Constantinople and Serenity...

Fight fire with fire. NiceHash has introduced a

Fight fire with fire. NiceHash has introduced a "revolutionary" way of dealing with 51% attack

a Month ago, hackers blockchain Ethereum Classic. The main difference was the minimum reaction of the representatives of the project. Then the team ETC, does not recognize the fact of the attack and simply recommended pools to inc...

New PAMP: cryptocurrency Steven Seagal increased by 4760 percent in just a week

New PAMP: cryptocurrency Steven Seagal increased by 4760 percent in just a week

While the market is under the full control of the bears, some coins manage to bring their investors decent x's just a couple of days. However, you can make a profit only after a random pampow to predict that not so easy. this time...

Carried: developers zcash for fixed critical bug in the code for the coins

Carried: developers zcash for fixed critical bug in the code for the coins

Programmers zcash for finally a critical problem in the code of your project. According to representatives of the development team, this bug could lead to a potential issue an unlimited number of coins. It is noteworthy that the p...