The project started even before Binance and the idea was to make the first crypto exchange accessible to everyone.
A place where the investor would get all the needed information about the coin they were buying and the history behind that particular project. That included also the chance to buy an index of coins combined.
The main goal was to let our customers deposit their money by different methods including bank transfer and credit card.
In 2017 there weren't developers capable to achieve what we really wanted and we struggled with the quality of our exchange.
We worked with Bittrex and Poloniex but the results weren't what we hoped.
After Binance was getting bigger we decided to work with them and we started a negotiation. The white label exchange was a smooth idea and there were no problems but in the meantime worldwide bank rules, controls and verification changed and the crypto economy was resetted.
By changing money transfers rules, many exchanges weren't meant to exist anymore, at least not in a professional way.
The prices that banks are asking now for opening a third party account is set so high that only a few company can afford it.
It's almost 4 years that we started to talk with Binance and we didn't get any far so that's why we decided to post this.
If you are interested in following up the project or if you have any other idea, feel free to send me a pm.