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What is Binance's acquisition that it doesn't own?

avatarPatrick HsuDec 25, 2021 · 3 years ago7 answers

Can you explain the acquisition that Binance doesn't own in the context of the cryptocurrency industry?

What is Binance's acquisition that it doesn't own?

7 answers

  • avatarDec 25, 2021 · 3 years ago
    Binance's acquisition that it doesn't own refers to the acquisition of CoinMarketCap. CoinMarketCap is a popular cryptocurrency data platform that provides information on the market capitalization, trading volume, and other metrics of various cryptocurrencies. Binance announced the acquisition of CoinMarketCap in April 2020, but it is important to note that Binance doesn't actually own CoinMarketCap. CoinMarketCap operates independently and continues to provide unbiased data to the cryptocurrency community.
  • avatarDec 25, 2021 · 3 years ago
    Binance's acquisition that it doesn't own is CoinMarketCap. CoinMarketCap is a widely used platform in the cryptocurrency industry that provides real-time data and rankings of cryptocurrencies. Binance announced the acquisition of CoinMarketCap in 2020, but CoinMarketCap remains an independent entity. This acquisition allows Binance to collaborate with CoinMarketCap and leverage its data to provide better insights and services to its users.
  • avatarDec 25, 2021 · 3 years ago
    Binance's acquisition that it doesn't own is CoinMarketCap. CoinMarketCap is a leading cryptocurrency data provider that offers comprehensive information about various cryptocurrencies, including their market capitalization, trading volume, and price. Although Binance announced the acquisition of CoinMarketCap, it is important to note that CoinMarketCap operates independently and maintains its neutrality in providing accurate and reliable data to the cryptocurrency community. This acquisition strengthens Binance's position in the industry and allows them to offer more valuable services to their users.
  • avatarDec 25, 2021 · 3 years ago
    Binance's acquisition that it doesn't own is CoinMarketCap. CoinMarketCap is a well-known platform that provides cryptocurrency market data, including prices, trading volume, and market capitalization. While Binance announced the acquisition of CoinMarketCap, it is important to understand that CoinMarketCap remains an independent entity. This acquisition allows Binance to collaborate with CoinMarketCap and enhance the transparency and accuracy of cryptocurrency data available to users.
  • avatarDec 25, 2021 · 3 years ago
    Binance's acquisition that it doesn't own is CoinMarketCap. CoinMarketCap is a popular website that provides information about various cryptocurrencies, such as their prices, market capitalization, and trading volume. Binance announced the acquisition of CoinMarketCap in 2020, but CoinMarketCap continues to operate independently. This acquisition allows Binance to integrate CoinMarketCap's data into its ecosystem and provide users with more comprehensive and reliable information about cryptocurrencies.
  • avatarDec 25, 2021 · 3 years ago
    Binance's acquisition that it doesn't own is CoinMarketCap. CoinMarketCap is a well-known platform in the cryptocurrency industry that offers data on the market performance of various cryptocurrencies. Binance announced the acquisition of CoinMarketCap in April 2020, but CoinMarketCap remains an independent entity. This acquisition allows Binance to collaborate with CoinMarketCap and further strengthen its position as a leading cryptocurrency exchange by providing users with accurate and reliable market data.
  • avatarDec 25, 2021 · 3 years ago
    Binance's acquisition that it doesn't own is CoinMarketCap. CoinMarketCap is a widely used platform that provides information on the market performance of cryptocurrencies. Binance announced the acquisition of CoinMarketCap in 2020, but CoinMarketCap operates independently. This acquisition allows Binance to leverage CoinMarketCap's data and insights to enhance its services and provide users with a more comprehensive understanding of the cryptocurrency market.