What is the purpose of Biying Exchange (Introduction to Biying Exchange)
What is the purpose of Biying Exchange? Biying Exchange is a platform that earns
What is the purpose of Biying Exchange? Biying Exchange is a platform that earns money through market making and trading, providing a variety of services to users worldwide. However, Biying Exchange is not a centralized exchange, but operates all platforms in a decentralized manner.
Firstly, they conduct transactions; secondly, these platforms can charge fees and share fund rates with competitors from other platforms; then, their trading volume will directly come from users’ digital assets, rather than being completed through third-party institutions.
The mission of Biying is to enable more people worldwide to have access to blockchain technology and how to utilize it, in order to purchase more products and services at a lower price.
Introduction to Biying Exchange
Biying Exchange is a secure, professional, and efficient digital asset trading platform. It was established in December 2018 and is a professional cryptocurrency investment institution with blockchain technology services. It has rich investment and financing experience and a comprehensive risk control system in the industry. Currently, the registered users have exceeded 3 million, with managed funds exceeding 100 billion US dollars and daily active users exceeding 1 million, providing various financial products and services to global investors.
It is reported that Biying Exchange is one of the first batch of top digital asset trading platforms in Singapore to apply for a license from the Monetary Authority of Singapore (MAS). It is headed by Dr. Liu Changyong, former founding partner of WeBank, and is committed to applying blockchain technology to the field of financial technology and realizing the “Value Internet”.
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