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Binance Cloud: What is it and how does it work?

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Binance Cloud is an all-in-one solution for partners to launch digital asset exchanges quickly. Taking advantage of Binance’s technology, security and liquidity. It provides the exchange infrastructure, while allowing partners to focus on development and business operations.

Binance is a Blockchain ecosystem made up of multiple branches to serve the great mission of blockchain advancement and money freedom. This is the world’s leading cryptocurrency exchange by trading volume, with users from more than 180 countries and regions.

Binance Cloud

Now with Binance Cloud you can focus on your business and operations, while letting the exchange take care of all the technology and security. With Binance Cloud you can efficiently configure a digital currency trading platform that includes: spot and P2P trading markets, dashboard management, financial systems, autonomous listing of new currencies.

Cloud operation

The new solution will provide users with a method to establish a crypto platform in their local markets. Binance Cloud features include spot market and futures trading, as well as API integrations from local banks and peer-to-peer exchange services from Fiat to crypto, as described on its page.

In the future, it is planned to add more features such as betting, over-the-counter trading services, as well as the issuance of tokens with the initial exchange offer platform.

How to take part?

Binance Cloud will provide technology, operations, customer service and staff training support throughout the engagement process. To do this, you must submit the application and requirements, sign the agreement and then prepare for the launch.

Partners must prepare a regulated business entity, the name of the
exchange, logo, domain, SSL security certificates to be
adjust to Nginx servers, the email addresses of the
administrator and other materials to be displayed in the exchange, between
other requirements.

Partners must also demonstrate their business capabilities in areas such as user acquisition, operations, and compliance. In addition, Binance Cloud requires that all of its partners meet all requirements wherever they operate.

Does Binance Cloud provide liquidity and depth services?

Partners can share trading liquidity and depth with the Binance.com exchange, including spot and P2P markets. Orders from all partner platforms will be combined into one order book with Binance Exchange.

Does Binance Cloud support autonomous listing?

Partners can independently list most of the tokens that have been listed on the main exchange. For tokens not listed, partners must submit details to Binance Cloud for review. Tokens can be listed after approval.

How long does it take from app to launch of an exchange?

Once the collaboration agreement has been reached and the information presented has been verified, the technicians of the Binance Cloud platform will make the configurations. Generally, an exchange can be launched in as little as three to five days.

According to Changpeng Zhao, Binance Cloud is a set of products that was previously missing from the market. Therefore, they want to share the quality experience of their exchange through different brands, communities and markets worldwide.



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