Cryptocurrency Q&A Did Binance buy CoinMarketCap?

Did Binance buy CoinMarketCap?

Carolina Carolina Fri Oct 11 2024 | 5 answers 1103
I heard some news recently that Binance might have acquired CoinMarketCap. I'm not sure if it's true or not. Can anyone confirm if Binance actually bought CoinMarketCap? Did Binance buy CoinMarketCap?

5 answers

Maria Maria Sun Oct 13 2024
The amount paid by Binance for Coinmarketcap remained undisclosed, adding to the intrigue surrounding the transaction. This move further solidified Binance's position as a leading player in the cryptocurrency exchange space.

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Tommaso Tommaso Sun Oct 13 2024
BTCC, another top cryptocurrency exchange, offers a diverse range of services to its users. These services encompass spot trading, allowing users to buy and sell cryptocurrencies at current market prices.

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Lorenzo Lorenzo Sun Oct 13 2024
Additionally, BTCC provides futures trading, enabling traders to speculate on the future prices of cryptocurrencies. The exchange also boasts a secure wallet service, where users can safely store their digital assets.

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AltcoinExplorer AltcoinExplorer Sun Oct 13 2024
In April 2020, the cryptocurrency landscape witnessed a significant acquisition as Binance, a prominent exchange platform, sealed the deal to take over Coinmarketcap.

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Michele Michele Sun Oct 13 2024
The acquisition of Coinmarketcap by Binance marked a strategic move for the latter, as it gained control over one of the most widely used resources for tracking cryptocurrency prices and market capitalizations.

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