Binance, has been in news of late while growing leaps and bounds with its great work in the field of cryptocurrencies. Still there was room enough to launch yet another department that aimed to bring in transparency for the benefit of everyone involved.
8 November 2018, a Day to Remember
8 November is a day to remember as it was then that Binance launched its ‘Altcoin Research Lab’ creating another source of public assistance. This division from Cryptocurrency Exchange giant would analyze investment opportunities in range of diverse Cryptocurrency projects; thereafter this information is going to be shared to the public.
This is also the very first time that a leading Cryptocurrency Exchange is working on ‘institutional grade cryptos research’. Such a research shall be carried out by ‘Binance Research’, aimed to raise transparency levels besides providing quality and quantitative reports on the way Cryptocurrency Reports work.
Folks from the crypto world are enthusiastic about Binance Research Division as it could resolve major issues concerning cryptos which keep cropping every now and then. It is also to be understood that there has not been till date any such venture made purely for providing information related to crypto world.
In Depth Research
Yes, you read it correctly, it is certainly going to be an in-depth research at Binance Ecosystem from the experts at Binance World. Updating these reports is also a part of the game plan because changes are inevitable and hence, it is necessary that some one keeps a track of all these things, while reporting these issues or solving any queries related to crypto world.
With latest reports on the go, a crypto enthusiast shall make the most use of this division. Availing information from these reports would not be that difficult also, reasons being the whole information shall be made available online.
People who form this research team include experts from the field such as Blockchain Engineers, Data Scientists, Investment Bankers, Academicians and Journalists among others. This team would be in charge of building reports from the scratch and shall report ‘Price Analysis, Token Sale, Trading Data and Adoption Metrics’ to name a few focus points.
Reviewing major projects yes, is one of the focal points however, Subjective Metrics is yet another of the categories the team would work on.
The Go To Option for Many
Binance, over the years has moved ahead while still maintaining its position of being a ‘Crypto Trading Platform’. And now if you see, it has worked its way to become one of the best and leading ‘Blockchain System’.
It was therefore about time for a leader of this stature to spread out its wings to yet another division whilst maintaining quality in all the verticals it moved in to. This thought gave birth to Binance’s Research Division, the first of its kind in the crypto world. In case you are not aware of it, there are two other divisions of Binance namely, Binance Info (* a Cryptocurrency Database) and Binance Academy (* an educational portal) already up and running!
So, stay tuned to get the latest information on Crypto Analysis made online by the experts in their efforts to keep everyone informed on how Cryptocurrency is moving forward by the hour!