What do you know about Binance?

Binance is world’s largest crypto exchange which is founded by CZ Binance . But before you did any future trade in the crypto currency through this app , you have to pass through the different quiz conducted by Binance . In this page, we are discussing about the answers of this quizs . 1.What is the maximum leverage available on Binance Futures? 2.

Will Binance audit its balance sheet?

Binance executive Leon Foong says full audit of balance sheet isn’t imminent. Binance, the world’s largest cryptocurrency exchange by trading volume, still hasn’t committed to a timeline for a complete accounting of its assets and liabilities. “It’ll take a longer time,” Leon Foong, Binance’s Asia-Pacific head, told Bloomberg.

Does Binance have a proof of reserves?

Binance’s punting of the audit question continues an extended conversation within the crypto industry about demonstrating “proof of reserves,” or proof that an exchange actually holds the assets it claims to have on behalf of its customers.

Does Binance have a BTC reserve?

Auditing firm Mazars has released a report on Binance’s BTC reserves, reaching the same conclusions as the world’s largest crypto exchange in November.