Binance Advertising Cryptos in 17 London Bus Stops

By George Owota | Crypto George | 31 Aug 2020


Over the years, Cryptocurrencies has continued to gain acceptance as a medium of exchange and has been predicted to, not just be superimposed on Fiat, but to overshadow Fiat as a medium payment. Due to the rise of cryptography, some financial institutions like, Binance, has been established to promote the affairs of Cryptocurrencies, these cryptoexchange also serve as online intermediaries for buying and selling of Cryptocurrencies. Binance was founded in 2017, but in January 2018, the exchange became the world's largest cryptocurrency exchange regarding trading volume. In June 2020, Binance declared its intentions to expand in the UK market offering about 65 cryptocurrencies for trading as it was to be registered by the country's Financial Conduct Authority. A tweet by Binance, UK, on the 28th of August, laid emphasis on the fact that money is evolving, and also stressed on the need to adapt to this change. With regard to this, Binance has placed ad's across 17 bus stops in London, the ad's showed 4 generations of coins with Bitcoin standing at the end as the largest, after a two-pound coin currently used in the UK. However, after seeing the ad's of HEX token, Mike Novogratz's Gallaxy Digital, etc in recent times, it has been noticed that crypto firms tends to focus their attention on London for new investors.

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George Owota
George Owota

I am Blockchain analyst and a writer


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