Binance Remains Unaffected From the Crypto Crisis?


2022-11-24 13:15:48

  • Prominent crypto firm Binance, is acting as a catalyst to speed up the adoption.
  • Binance is a standalone company to have active hiring going on.

The adoption of cryptocurrency is spreading over the variant continents undoubtedly, but still, the position held by the fiat currencies is vital. It may take a few more years for crypto to be in everyday use. Prominent crypto firms like Binance, are acting as catalysts to speed up this process.

One such approach is Sell Crypto To Credit/Debit Cards, which is giving out real-time outcomes. Binance Visa (NYSE:) and MasterCard users can transfer their crypto straight away to cards and access it in any commercial place or ATM. 

CZ, CEO of Binance tweeted:

Binance’s Zenith Phase

Crypto market is full-fledge into the crypto winter, the interrelated companies are pulling each other down. And the market identifiers (BTC) and (ETH) are also facing a downfall. BTC is in the $16K range and the ETH is in the $1.2K price line. 

Parallelly, many of the crypto exchanges are also reducing the workforce to make space in the budgeting. Binance is a standalone company, not only in the crypto or blockchain industry but in the whole of the tech industry to have active hiring going on.

CZ also stated:

“Binance had 5900 people. Today we have 7400+ people. Targeting 8000 or so by end of year.” 

The hiring started in the month of June and is planned to continue further too, to accomplish the set goal. The company is also going to establish TV promotions for hiring advertisements.

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