Post
Topic
Board Altcoin Discussion
Re: [news] Binance Launches Staking Platform with Support for 8 Cryptocurrencies
by
sabine80
on 30/09/2019, 21:08:57 UTC
This is quite concerning for me.
The exchange that was the biggest and hottest thing when it came to exchange is now trying to diversify its income source by launching lending programs, and now this, a staking platform. But why? Or more precisely, why now? Is the cryptowinter affecting Binance as well? Is this a forewarning of tougher times to come?
i think binance is just trying to maximize their profits. it is always good when a company has different sources of income. in addition, they must also make up for the losses from the hacks of the past few months.
that is why i think the current development is not bad and is not a bad sign for me.