Binance has announced spot trading integration with TradingView, the leading charting and analytics platform. The partnership will allow users to leverage even more trading strategies on Binance.com through TradingView and analyze their performance with a wide range of charts and analysis tools.
The integration brings Binance’s highly liquid products to a wider audience and traditional investors who rely on advanced analytics tools to identify opportunities when entering the cryptocurrency market.
The availability of more advanced charts and Tier I and II market data further legitimizes crypto tokens as an investment asset class, especially by comparing different assets, such as stocks, commodities and currency markets, which are already available in TradingView.
General Manager of Binance Brasil celebrated the integration with TradingView
The adoption of cryptocurrencies in Brazil continues to grow, according to information from Guilherme Nazar, general manager of Binance in the country. So he understands that traders need data and the integration with TradingView will help a lot.
“We have seen a continued increase in cryptocurrency adoption in the world and in Brazil, both by retail and institutional clients. Access to data is a must for traders in any market, and the ability to use TradingView on our exchange meets that demand. One of our pillars in the development of new products and functionalities is to offer efficiency and simplicity to our customers and users, who have already passed the 128 million mark worldwide. The integration of this platform is yet another demonstration in this respect.”
In a note to Livecoins, the brokerage says crypto adoption by Binance’s institutional clients has grown significantly in 2022, with a 65% increase in client numbers over the year. Performance in Brazil was also positive.
Particularly in Brazil, which ranks among the 10 largest foreign exchange markets, the increase in the number of active institutional clients in the fourth quarter alone was 15.45% compared to the previous quarter. For example, Nazar recalls that Binance continues to invest in security and usability to improve tools for customers.
“Binance is constantly investing in tools and processes with the aim of increasing security, providing more transparency and improving the usability of our ecosystem. This enables us to attract new institutional investors, even in difficult times for the sector.”
See how to link a broker to a charting tool
For Catherine Chen, Head of Binance VIP & Institutional, “Having more card data, in addition to information, further develops our fast-growing industry and encourages greater adoption by traditional investors. We see a growing demand for information tools as retail users and institutional clients navigate the current market conditions. Users now have the convenience of requiring a single login to use the TradingView interface and trade instantly on Binance, the world’s largest and most liquid asset exchange.“.
To start trading, simply go to the TradingView website and click on the Binance account login option under the “Trade” button.
It is worth remembering that only the money market is available in the partnership between large companies.
Source: Live Coins
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.
