Binance
Changpeng Zhao, the founder and CEO of the cryptocurrency exchange Binance, revealed in a LinkedIn blog post that profits stood at $200m in its second quarter; an increase of 2,757% when compared to the $7.5m profit it had made in the previous quarter.
Part of a blog post addressed to national governments and their representatives, Zhao cites Binance’s second quarterly profits as part of his call for acceptance and positive regulation of cryptocurrencies and exchanges. Stating that “blockchain technologies and cryptocurrency will be mainstream”, he argues that exchanges such as Binance can facilitate legitimate and transparent cryptocurrency transactions. But as the shuttering of two Indian exchanges proves today, the plea for guidance may take time to percolate.
Link : https://www.linkedin.com/pulse/benefits-crypto-part-1-countries-changpeng-zhao/
Deutsche Bank
According to the bank the profits at Deutshe Bank is $146 Millions.The growth rate of the binance is much more thanthe bank.
Link :https://www.db.com/ir/en/download/Release_Q12018_results.pdf
Here are the Stats :
Exchanges
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