Binance Access a big step for Exchanges
Binance is the world’s leading provider of Blockchain and crypto coin infrastructure, and Binance Access promises to be a big step forward for the Exchanges.
The Exchanges are one of the support structures of the crypt world.
As the places where users can exchange their cryptomonies in freedom, they become indispensable in the daily life of the cryptosystem.
Their range of financial products has allowed them to position themselves at the top of the market.
Having ensured its trust among its millions of users. Throughout the world, the Binance platform is dedicated to increasing the freedom of money, and includes a remarkable portfolio of cryptographic products.
Therefore, Binance Access is expected to be a major step for the Exchanges.
Changpeng Zhao believes that Exchanges must change their mindset
Binance Access: What is it?
Today Binance Access was launched, a new business-to-business (B2B) solution for users. This will integrate the „Buy Crypto“ function.
This means that you can offer your users the opportunity to buy crypto currencies via the Exchange, without having to leave the native interface they use.
Binance Access will automatically allow users to create a Binance account after registering on the site where they wish to trade.
It will allow the purchase of cryptomonies directly from the root interface. That which the user is using, using his authorized balance available in this separate account.
Since, the acquired cryptomoney will be directly directed to the user’s Binance account. In this way, taking advantage of the high level of security that the platform has always guaranteed.
In addition, users will be able to continue buying cryptomonies in their alternative Binance accounts without any problem.
„Binance Access allows companies to offer an all-in-one market service to their users, streamlining the process for service providers and end users“.
The Binance project: „Open Platform“
The exchange continues its search to generate solutions and tools that allow the growth of the crypto ecosystem.
For Binance, one of its objectives has been to try to „reduce the barrier of entry to cryptomone and enable more solutions to boost the adoption of Exchanges,“ Zhao said in a statement.
For this purpose, Binance’s „Open Platform“ project was introduced.
This project offers solutions to expand the infrastructure and resources for the crypto world and its users.
In addition, the Exchange seeks to continue expanding throughout the world. Thus, by introducing support for regulated trading in the UK and Europe through Binance U.K.
Since, the exchange stressed that this project is thinking for all crypto users and companies, but that they should follow the respective guidelines.
However, those vendors and merchants who wish to integrate the solution must strictly comply with the regulations in all jurisdictions where they operate.