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​Facebook cryptocurrency is approaching to get Binance support

2019-06-28 11:34 am | Resource: News Section | No Views : 96

​Facebook cryptocurrency is approaching to get Binance support It seems that the Binance Digital Currency Exchange, considering Facebook cryptocurrency support earlier this month, is still in testnet.
According to reports in Finance Magnets, Thursday, June 27, the Binary Exchange is contemplating participation in the next Facebook social networking project Libra.
Finance Magnets said it had spoken to Binance at the FinTech event on Thursday, specifically with the chief scientific officer of the exchange, Jin Chao, noting that early discussions had taken place with Facebook about a possible future listing of the Libra token.
Zhao said that since Facebook cryptocurrency will initially be in the form of private blockers, it will not need external liquidity. However, Facebook may eventually want to have a secondary market.
"The currencies benefit from the secondary market, so it would be in their interest to wish to be listed on the market."
In another report from CryptoPotato, which also spoke to Zhao at the Tel Aviv event, he also suggested that the Binance Digital Currency Exchange may support Libra, the next currency of the social networking giant, by acting as an authorized node to verify transactions.
For its part, Facebook explained that it will eventually contain 100 knots, and has already named companies such as Visa, Uber, eBay and Lyft as companies that have already committed to this role (up to an approximate $ 10 million each).
Zhao said the bourse is definitely considering the option, although the final decision has not yet been made.
Speaking in general about the Libra project, which was unveiled in mid-June, he said:
"At any time a company with a weight, volume, resources and impact like Facebook intervenes, it checks both the digital currency and Blockchain technology. So whether or not the Facebook cryptocurrency worked well, that would be good In both cases. "

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