BINANCE recently unveiled its first quarter earnings for the first quarter of 2018, and the results were very exciting. With BINANCE's total profit for the first quarter of 2018 reaching about $ 200 million.
The interesting thing is that NASDAQ has achieved a profit of only $ 209 million in the same period. This is obviously a bit big, but this is conclusive evidence that digital currency platforms are now at the level of traditional stock markets, which is surprising.
According to Twitter, NASDAQ's profit is about $ 209 million, not to mention that it is a stock exchange with about 47 years of experience and a staff base of 4,500 people. On the other hand, BINANCE has been in operation since 2017 and has only 200 employees. However, they are making profits that rival the profits of major stock exchanges such as NASDAQ.
Of course, the BINANCE platform does not see Nasdaq as a competitor, and in general the two work in two different areas, so comparisons are not very important. With this in mind, these figures prove that demand for digital currencies is still rising, and this really helps us determine the rate at which the digital currency sector is growing.
BINANCE does not compete with traditional stock exchanges; instead, it only wants to develop its own business within the digital currency community, to become a world leader and to be a well-known brand. And it seems to have reached this now.