Binance, the largest cryptocurrency exchange in the world based on volume, has announced the launch of “Binance Research,” an analysis division “focused on the creation of institutional-grade research reports.” The new department was formed with “the aim of increasing transparency and improving the quality of information available within the crypto space.”
The new division posted its first few pieces of research (accessible at info.binance.com) in tandem with the announcement.
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With a focus on providing objective, quality analysis on blockchain projects, @BinanceResearch aims to increase transparency in the industry. Learn more about the process behind our institutional-grade Binance Research reports.https://t.co/mjXVAQIE4E
— Binance (@binance) November 8, 2018
Binance Research’s second report on GoChain contained similar pieces of information, also including information on developers and pieces of the platform’s code.
The announcement promised a third report on Pundi X in addition to “more [reports] set to be regularly released over the coming weeks.”
Binance Charges Ahead
The creation of Binance Research is the latest in a number of moves by Binance to expand its global presence.
In October, the exchange announced that all of its revenue from listing fees will be donated to charity–additionally, the exchange eliminated its minimums for listing fees, allowing developers to name the amount that they pay. Around the same time, Binance introduced the Blockchain Charity Foundation.
Binance also recently announced the formation of its Uganda-based fiat-to-crypto exchange that offers BTC and ETH trading pairs with the Ugandan shilling.