Binance, the world's largest cryptocurrency exchange, has just announced it has expanded its enterprise services through Binance Cloud through the incorporation of perpetual futures, DeFi enterprise solutions and third-party payment solutions, according to a press release shared with iHodl.
Thanks to this new addition, Binance Cloud, an all-in-one enterprise solution for launching digital asset exchanges rolled out by the company in February, will now offer services for building DeFi products on the Binance Smart Chain and Ethereum for its partners globally. In addition, it will also offer a direct network with leading payment providers in the space, allowing this way partners to integrate third-party payment channels frictionlessly.
Platforms built on Binance Cloud can continue to provide their users with a range of core products, including cryptocurrency trading (spot, derivatives), local currency on-and-off ramps, and desktop browser and mobile app support, leveraging Binance’s industry-leading technology, security and liquidity.
Binance Cloud has launched earlier this year as part of its Open Platform initiative, allowing partners to take new platforms live in a matter of three to five days. Binance provides the underlying technology, security and financial management support, while Cloud partners focus on business development, operations and building their brands with unique customization and features control.
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