Cryptocurrency Exchange Binance introduced the Binance Cloud service, which will allow retail and corporate customers of the exchange to launch their own trading platforms based on the turnkey infrastructure.

Binance CEO Changpeng Zhao emphasized that Binance Cloud will take on all the “boring” aspects of the exchange: the technical component and the provision of liquidity. The service will allow launching local spot and futures markets with the ability to integrate banking APIs and peer-to-peer trading in pairs with fiat.

Binance Cloud will provide the ability to customize the platform for your own brand and allow you to adjust the options available to users.

In the near future, the service will add OTC, staking, and service for launching tokens through IEO. According to representatives of Binance, the first exchange based on a cloud service will be launched in March.

Recall, the launch of Binance Cloud was announced on February 8th. By that time Zhao announced a commission for listing on Binance DEX in the amount of $ 100 thousand.

Last year, the Hodl Hodl p2p-platform, promised to reveal its source code. This would allow everyone to launch their own trading platform.