Binance is targeting Europe's institutions to enhance regulatory adherence and support large-scale clients, while Best Wallet is gaining popularity among retail investors by offering features like fiat on-ramping, crypto debit card, and cross-chain token swaps.
Best Wallet's native cryptocurrency, Best Wallet Token, provides advantages such as cheaper trading fees and increased staking yields for users.
Binance appoints Gillian Lynch, ex-Gemini executive, as the new head of Europe to focus on operations, regulatory engagement, and regional expansion to ensure compliance with Europe’s MiCA regulatory framework.
Binance introduces institutional loans with 4x cross-collateral leverage, expanding its platform and appealing to capital-heavy clients, while Best Wallet, a Web3 non-custodial wallet supporting over 50 blockchains, aims to attract retail users with its user-friendly and secure features.