Launch of Binance Cloud in 10 days, Details Shrouded February 8, 2020 February 8, 2020 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsFebruary 8, 2020 by Kelly Cromley

Launch of Binance Cloud in 10 days, Details Shrouded

Changpeng ZhaoIn an ask-me-anything session (AMA) covering a wide range of topics, Binance CEO Changpeng Zhao revealed huge plans for the exchange this year.

One of the forthcoming and least detailed endeavor was the launch of a unique platform called Binance Cloud, which is planned to be launched in the next week-and-a-half.

Precise details about Binance Cloud are yet to be provided as Zhao stayed quiet during the AMA. Nevertheless, the enterprise is presently looking for a Senior Cloud Engineer to work with the Cloud Engineering and Architecture Team.

The post explains about the system as “large scale, massive parallel and highly available compute[r] systems on the advanced Cloud Computing platform,” and calls for a candidate who can “improve, scale and automate this business critical Cloud-based architecture.”

How this transforms into a customer oriented product is vague, even though apparently the remedy is only days apart. Zhao conducted the AMA by posting a GIF of quite a few clouds via twitter to step up speculations.

Earlier to this, BNB futures is scheduled to be launched on February 10, with 50x leverage. Binance is also providing fiat gateways for currencies such as Norwegian Krone, Russian Rubles and Croatian Kuna, with crypto buying facilitated with Russian credit cards.

Notably, the Indian cryptocurrency exchange acquired by Binance, WazirX, recently conducted an Initial Exchange Offering (IEO), for its native crypto WRX coin via Binance launch platform.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.