Trynews Binance one of the largest cryptocurrency exchanges in the world, has officially acquired Tokocrypto, one of the largest cryptocurrency exchanges in Indonesia. In this acquisition, Binance will gradually increase its shareholding in Tokocrypto by up to 100%. This is a strategic move for Binance to expand its reach into the Indonesian market, which is one of the largest cryptocurrency markets in the world.
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https://trynews.id/tokocrypto-resmi-di-akuisisi-oleh-binance/Not to be a surprising thing considering that they are the top leading or most popular exchange platform as of this moment, then when it comes to revenue or money that they had made then it wont really be that
surprising that they would really be acquiring as much as they could on what are those companies or platforms that do operate on a certain country.Yes, its good for them but not on the essence considering that
this do really looks already for some monopolistic kind of behavior which it totally opposing that real essence of crypto space but well this is how business do works and this is how business should really
be expanding on.
One thing should be bare up in your mind that never ever make yourself do make these platforms are your main wallet then you should be fine.
They could buy all the platforms that they would be able to buy into and the majority wouldnt really care that much.