Binance also called the secong largest exchange as per the daily trading volume has recently did hiring of an executive of its competitor exchange Huobi. As per the announcement shared on Cointelegraph, the exchange has recruited Josh Goodbody as its new director of European and Latin American growth and institutional business. Before stepping into this cryptoexchange, Goodbody was appointed as head of Europe and Americas at Huobi, where he introduced the Global Institutional Business department in November 2019 – a team and a few products specifically targeting Institutional products, under its assistance the exchange introduced its Huobi Brokerage platform.
Prior to Huobi, Goodboy was a financial lawyer to the major firms that including JPMorgan, Credit Suisse and State Street. If we sneak into his LinkedIn profile, he was also an advisor to the founder at Equilibrium which is a multi-chain network for decentralized finance products and stableocins which are backed by crytpocurrency. Yi He, Co-founder of Binance has said that Latin America and Europe are the major key market for the exchange and Goodbody is going to help exchange in expanding its business into the region. In his new job duty, he is going to focus on offering products which are customized to both retail and institutional investors.
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Hire comes as part of a wider expansion
It is visible that the exchange is moving heaven to earth and doing its best in Latin America and has launched a fiat gateway for clients in the region previous month. In the last month, the exchange has constructed a new platform called Latamex which is going to operate under the Binance Fiat gateway and permit users to trade crytpocurrency directly in association with Settle Network. The genesis of this paltform in Argentina and Brazil is going to allow the direct purchase of Bitcoin (BTC), Binance Coin (BNB), Ether (ETH) and the stablecoin Binance USD (BUSD) with Argentine pesos and Brazilian reals. As per Europe, the exchange added six new trading pairs to give a big competition to the euro on January 3. These new pairs track the addition of euro deposits along with withdrawals in November which is quite similar to the identical services for the Russian ruble, Ukrainian hryvnia and Kazakhstani tenge.
Binance being the leading cryptocurrency is popular worldwide for its extensive features. If you don’t know how to deal with such problems and looking for solutions, you can always ask for support from the team via calling on Binance customer service number which is always apporachable and the right pathway to rectify all problems and connect you with the right audience to deal with queries in the bets possible manner.