Binance Research – the analytics division of cryptocurrency exchange Binance – is moving to reinvent their website, partnering with the Miami-based data visualization platform IntoTheBlock (ITB) to offer the crypto market with deep insights into on-chain data.
News of the company’s decision to revamp its site comes less than two years since its launch in November of 2018.
Binance Research to launch updated site in partnership with IntoTheBlock
Per a blog post released earlier today, Binance Research is undertaking steps to revamp their site in hopes of adding more features and content that can help provide crypto market participants with actionable insights.
Since its launch, Binance Research has been a popular venue for traders and investors alike to gain insights into the undercurrents driving the volatile and rapidly evolving cryptocurrency market.
The research arm of the popular exchange is teaming up with IntoTheBlock to add an extra layer of data to these insights.
IntoTheBlock utilizes machine learning and statistical modeling to offer insights into the data and behavior underlying the vast majority of digital assets and partnered with CryptoSlate earlier this year to offer their insights to readers.
Jesus Rodriguez – the CEO of ITB – spoke about the partnership with Binance Research, saying:
“Binance Research has become one of the premier venues for unique, high-quality research about the crypto space. We feel that the combination of content and analytics provided by Binance Research and IntoTheBlock delivers a unique value proposition to the crypto community.”
New site to be a valuable tool for investors
Whether traders are using the exchange to purchase spot positions, or are utilizing the exchange’s margin trading venue, the newly updated Binance Research site is likely to be a valuable resource for the exchange’s users.
The research platform notes that they are continuing to expand their coverage to the 200+ projects and tokens that are currently listed on Binance, and ITB data will complement their regularly released in-depth research reports.
“From high-level information regarding the overall direction of crypto projects to granular data on transaction numbers, addresses, and other minute details, Binance Research seeks to be the information hub for in-depth analysis of major crypto projects.”
Offering actionable insights to traders is certainly a competitive edge for Binance, and they plan to add additional languages and dashboard pages in the near future.
The post Binance Research to reinvent site, integrating new crypto data tools from IntoTheBlock appeared first on CryptoSlate.