TeraBlock, a cryptocurrency trade automation exchange, has now joined forces with Binance Cloud, a comprehensive open-platform solution that facilitates the building and launching of cryptocurrency exchanges. Binance Cloud accomplished this function by leveraging modern technology, liquidity, and security.
With the partnership, TeraBlock will be able to stay focused on enterprise development in addition to its operations. Binance Cloud will take over TeraBlock’s exchange technology creation and maintenance. It will also handle user registration and security which ensures safe trading around the clock. Lastly, Binance Cloud will handle TeraBlock’s liquidity, thereby keeping the exchange from suffering from liquidity issues as many start-ups do in the early stages.
Shivam Tandon, CEO, and founder of TeraBlock expects the platform to attract new users into the cryptocurrency ecosystem.
“After announcing the successful completion of our recently conducted IDO on BSCPad, our users will benefit directly from the Binance Cloud partnership. The upcoming TeraBlock exchange, powered by Binance Cloud, enables our users to experience the better trading depth, security, and transaction speed,” Tandon said. “We hope to bring a renewed interest and experience like never before to the crypto space,” he added.
TeraBlock has a user-friendly interface for managing and trading digital assets with state-of-the-art technology. It was designed to become a one-stop solution for crypto newbies where they can purchase sell, hold, exchange and manage their crypto assets.
Through machine learning-driven algorithms, the platform protects users from the adverse effects of market volatility. The algorithms also enable TeraBlock to provide crypto asset managing tools for both inexperienced and advanced traders. Personalization of an automated crypto portfolio further enables these functions.
TeraBlock platform is powered by TeraBlock Token (TBC) through which funds were raised to the tune of $2.94 million during its IDO. The token is currently in use in 39 countries with about 3870 investors. Already 74 million tokens have been emitted. The TBC token can be traded on PancakeSwap and Uniswap.
Binance Cloud, on the other hand, leverages the best technology, security, and liquidity from Binance. In this way, Binance Cloud can provide the requisite infrastructure to crypto exchanges. Moreover, collaborations with it allow partners to put more energy into business development and operations.
Binance Cloud simply reflects the main functionalities of the Binance exchange and brings them to other digital asset exchanges. Such features include trading risk controls, a big data security system, a robust machine engine, market depth, and also liquidity.