BlockFi has partnered with Binance USD (BUSD) and Chainlink (LINK) in its effort to enhance its customer experiences in eligible markets.
The integration deal sought to provide BlockFi’s clients with additional avenues of earning from cryptocurrencies through compound interest.
Customers can now take advantage of BlockFi’s integration with BUSD and LINK to buy, sell and trade in any of the currencies provided by the new trading platform.
The currencies under BlockFi’s portfolio under the new agreement will include the bitcoin BTC), the Gemini dollar (GUSD), the Litecoin (LTC), Ethereum (ETH), the Paxos Gold (PAXG), the USD Coin (USDC), and the Paxos Standard (PAX).
How BlockFi Matters in the Cryptocurrency Sector
BlockFi has maintained its position as a cryptocurrency trading platform that supports its user segments with institutional-grade products.
The business deal signed among the three companies puts BlockFi at a better advantage in its pursuit of giving its customers a platform that fosters digital asset empowerment.
Individuals can become more financially capable when it comes to borrowing cash, earning interest, and trading cryptocurrencies.Â
The Value of ChainLink
Conversely, ChainLink has distinguished its market position as one of the highly secure and flexible tokens and projects.
Over the years, ChainLink has taken advantage of technologies like trusted nodes, cryptographic proofs, and decentralization to build a reliable and tamper-proof crypto-network.
The company boasts of its applications’ ability to establish seamless connections with any API, connect with diverse systems, and integrate with any form of blockchain.Â
How Binance Fits into the Picture
Comparatively, Binance was declared as the largest cryptocurrency trading platform globally in 2018, delivering a market capitulation of $1.3 billion.
To date, Binance has grown its appeal as a global company for its system’s ability to support withdrawal and deposit of over 200 coins and to accommodate both advanced and beginner traders.Â
The collaborative deal benefits BlockFi in many ways.
For instance, Chainlink is set to benefit BlockFi with its innovative cryptocurrency project that bridges the gap between external data and smart contracts.
LINK does not only enjoy a strong market cap but also presents its innovative blockchain networks and experience in the crypto market.Â
On the other hand, Binance takes advantage of its BUSD product to leverage the ledger inefficiencies associated with blockchain innovation while retaining the price guarantee associated with traditional fiat currencies.
The nature of Binance’s BUSD as a stablecoin will help BlockFi to facilitate access to major markets and exploit the diverse growth opportunities provided by the international scene.
This is a perfect deal for BlockFi to steer its business goal of supporting its customers with a range of growth-driven crypto investment opportunities while enhancing financial empowerment on an international scale.
 and Chainlink (LINK) in its effort to enhance its customer experiences in eligible markets.){kind=link}