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Crypto exchange Binance launches new analysis division

Fri, 09 Nov 2018, 06:26 am UTC

Binance, the world’s largest cryptocurrency exchange in terms of 24 hours trading volume, has launched its new analysis division, Binance Research.

This new division will focus on the creation of institutional-grade research reports with the objective of enhancing transparency and improving the quality of information available within the crypto space.

“Binance Research provides in-depth analysis and data-driven insights of digital assets by generating unbiased, institutional-grade research reports for investors in the crypto space,” according to the official website.

Every research report will include segments on introduction to the featured cryptocurrency, key metrics and highlights, recent news, price and volume charts, token sale and economics, roadmap progress and updates, team overview, trading data, technical code overview, product and adoption metrics, community data, and competitor overview.

According to the official announcement, two research reports are already online. This includes reports on Loom Network (LOOM) and Gochain (GO), both published on November 8. The report on Pundi X (NPXS) is expected to be released soon.

“We believe delivering consolidated, comprehensive reports for cryptocurrency tokens and projects will be a huge step forward in leading the blockchain community to deeper understanding and more insights,” Binance said.

The launch of the new division follows the launch of Binance Info, Binance’s database of information on various cryptocurrencies, and Binance Academy, its crypto-education arm giving basic to advanced lessons on blockchain and crypto topics.

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