Binance
Binance, was launched in 2017 in China and has grown to become an industry leader in the crypto scene.
Exchange integrations
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November 4, 2022
Binance was launched in 2017 in China and has grown to become an industry leader in the crypto scene. It also runs the 3rd largest stablecoin by market cap, BinanceUSD (BUSD). Blockmate is delighted to offer you instant connection to the millions of users on Binance through our API.
Binance was founded in 2017 by Changpeng Zhao, a developer with extensive experience creating trading software. Binance is the largest cryptocurrency worldwide in terms of daily trading volume. It handled over $7.7 trillion of the world's crypto exchange volume in 2021. Users can buy, trade and sell over 600 cryptocurrencies as well as purchase crypto using fiat money.
Binance runs two main blockchains, the Binance Chain (with the Binance Coin token, BNB) and the Binance Smart Chain (BSC). The Binance Smart Chain runs parallel to the Binance Chain and was developed to allow smart contract and dApps to be developed on the Binance network. Users can also create BEP-20 tokens, these are tokens built to the Binance standard (similar to ERC-20 tokens). Binance also has the Binance USD (BUSD), a 1:1 USD-backed stablecoin approved by the NY Dept. of Financial Services (NYDFS) and issued in partnership with Paxos.
With Blockmate, you don’t need to set up or connect to every crypto service or protocol one by one. Everything you need is already here and part of our API. In just a few moments, you can connect to any wallets your customers hold with Binance.