Binance Research Launches for Institutional Grade Analytics and Reports
Cryptocurrency Exchange Binance recently published an update on their official website today, announcing a launch of a new division of the company. This division is being called Binance Research, which will center around the development of “institutional-grade research.” The company hopes that this new addition to the company will help with their transparency and will maintain a supportive flow of information within the industry.
— Binance (@binance) November 8, 2018
The company is already making progress in Binance Research since they have launched two reports online for public viewing. The reports include information about Loom Network (LOOM) and GoChain (GO), offering an “unbiased” view of the platforms to help consumers make more educated decisions with their investments.
If the two articles presently posted are any indication of what is to come, consumers may be able to expect a few sections on each report to break down the company. The sections seem to presently include:
- Key Metrics, which is a stat list of the most recent price, total supply, and other common information that consumers can find on CoinMarketCap.
- Key Highlights, showing some of the main activities that have happened with the platform that sets them apart from others
- Recent News, to show some of the actions that have been in the media lately for an updated view on the brand
- A Price & Global Volume Chart
The reports also include a brief article to explain the company with a little more detail on the platform. Scrolling further down the page users will gather similar information about the token of the selected platform. Basically, consumers can expect to have a full rundown of anything that they may need to know about a platform and their corresponding token before they make an investment. The reports also show the current team that is dedicated to the effort.
The company released an elaboration of the new service on their Medium blog as well, adding:
“Binance Research’s main output consists of comprehensive, impartial research reports on various cryptocurrencies in existence. Each report is divided into a number of different segments, each filled with data, links, references, tables, charts, and more useful information, all compiled in a single document. While Binance Research mainly writes for blockchain investors in need of this kind of report, each publication offers something to different kinds of participants in the blockchain industry.”
Though it has not been released yet, the next report to be available from the Binance Research department will be Pundi X, which was scheduled for release on November 7th.
This new division of Binance helps to complete the look of a well-rounded exchange not only for experienced traders but for beginners and institutions. The popular cryptocurrency exchange now has a full suite of tools at investors hands: Exchange, Academy, Info, Labs, LaunchPad, and Trust Wallet.