Binance will start Lending business?

By | Bitcoinz News | 26 Aug 2019

CZ is notorious in rattling the Crypto space.  Binance is an example of how he loves to disrupt the space he enters into.  When CZ tweets, Crypto'ers pay attention.

About 6 hours ago, CZ tweeted this:



What does he mean?

Most people are speculating that this could mean that Binance will enter into crypto lending business.  So the money that is sitting in your wallets may be leveraged to start earning you money.  

If this happens - the disruption of financial markets will soon be a reality.  Projects like Celsius Network are already shaking the lending space which is filled with sharks and blood suckers.  If and when Binance enters the space - they are going to ramp up the competition which means better lending rates and great returns to investors.

At this point, it is left to speculation as to what CZ meant - we will find out soon enough!


FOLLOW us for snippets of IMPORTANT news from the Blockchain space!


Picture source: "Mobile phone and Binance logo on dollars" by wuestenigel is licensed under CC BY 2.0 

How do you rate this article?



My name is RK Reddy. I write exclusive content for; Our content is original, unique, researched and balanced. We have exclusive interviews with CEOs of great blockchain companies. Our eBooks and special alerts are free for subscribers

Bitcoinz News
Bitcoinz News

Important news updates from CNBC, Forbes, CCN, Reliable YouTube channels, and more - all in one place with my views added.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.