Billance

Industry| Blockchain, Crypto, Exchange, Finance, Cryptocurrency exchange, cryptocurrencies
Founded| November 2021; 3 years ago (2021-11)
Headquarters| Europe

Area served

| Global 100

Key people

| Simona Fontana (CMO)
Website| billance.com

Billance is a cryptocurrency service platform for global investors based in Mahe Island, Republic of Seychelles.[1][2] Founded in 2021, the financial company provides its investors with stable trading services for mainstream crypto assets such as BTC, ETH, SOL, DOT, and USDC.[3][4]

Billance is the first company in the world to establish a risk insurance fund with a size of over $20 Million to protect the rights and capital of its investors.[5] The company has been awarded the MSB fiat currency business license from the US federal government and the MTL financial license from 10 states.[6][7]

## Contents

* 1 Background
* 2 Platform
* 3 Products and Services
* 4 Awards and Recognition
* 5 References
* 6 External links

## Background[edit]

The idea of Billance was sown by Simona Fontana, the CMO of the company who has worked in Investment Banking at JP Morgan in London and comes from a rich crypto fintech background. Team members that make up Billance come from some leading financial institutions within Wall Street, including JP Morgan, Credit Suisse, Morgan Stanley, and Goldman Sachs.[8] They also come from popular Crypto Exchanges, such as CoinBase, Binance, FTX, and Kraken. The platform is encrypted with top Risk Control Mechanisms and Strong Technical Safety Assurances.[9] The company aims to eliminate the fear in global investors about potential risks associated with the space, which is made possible with the use of cutting edge technologies and pioneering algorithms.[10]

## Platform[edit]

An insurance fund of 20 million dollars has been set up, with the accessibility of payments being made within 24 hours compensating all users in real time, for any losses, especially when it comes to an error of the platform itself.[11]

## Products and Services[edit]

The number of services offered at Billance include-

Spot Trading: Trade BTC, ETH and over 50+ Crypto Pairs on Billance with millisecond-level trading experience.[12]

Derivatives Trading: Trade crypto derivatives with up to 100x leverage. Billance provides complete functions and a 20 Million USDT insurance fund to ensure the security of contract transactions.[13][14]

Earnings: Earn campaigns provide up to 18% APY interest which is paid out daily.[15] The holders can earn returns much higher than what is offered by the banks.[16][17] Due to the selection of low-risk strategies and products, compared to other more traditional options, the investment threshold can be as low as 100 USDT.[18]

Security: Assets are protected by best-in-class security including a multi-signature wallet and a separation of hot and cold wallets. It also has a professional grade Firewall Service Architecture and full compensation for user losses caused by platform accidents.[19]

Ease of transactions: With fault tolerance and extreme processing speed, Billance enables users to solve all concurrent issues arising from instantaneous huge volumes of transactions, as well as settlements.[20]

Smooth User Experience: Billance has a 7/24 hour customer service facility with 5 minutes response time. It also provides its users with a global market depth analysis with a top quantitative team.[21]

Perfect partner discount system: Billance provides a partner rebate solution, where traders get a percentage and/or a bonus, especially when they sell or reach a targeted level of a defined purchase.

## Awards and Recognition[edit]

Billance is the first company in the world to establish a risk insurance fund with a size of over $20 Million to protect the rights and capital of its investors. The company has been awarded the MSB fiat currency business license from the US federal government and the MTL financial license from 10 states.

## References[edit]

1. ↑ "Billance - Crunchbase Company Profile & Funding". Crunchbase. Retrieved 21 March 2022.
2. ↑ "Billance - The Safest, Most Efficient, and Effective Global Digital Assets Platform". finance.yahoo.com. Retrieved 21 March 2022.
3. ↑ "Billance Platform Introduction: The Most Promising Cryptocurrency Exchange in 2022 | The Ritz Herald". ritzherald.com/. Retrieved 21 March 2022.
4. ↑ "Billance Reviews - Read Reviews on Billance.com Before You Buy | www.billance.com". reviews.co.uk. Retrieved 21 March 2022.
5. ↑ "Security review of the dark horse digital currency exchange in 2022 – BILLANCE". Digital Journal. Retrieved 21 March 2022.
6. ↑ Richer·Blockchain·, Craig. "As a Digital Assets Platform, What Makes Billance Different? | Markets Herald". marketsherald.com/. Retrieved 21 March 2022.
7. ↑ "Billance - The Safest, Most Efficient, and Effective Global Digital Assets Platform". www.accesswire.com. Retrieved 21 March 2022.
8. ↑ "An Introduction to One of the Safest, Most Efficient, and Effective Global Digital Assets Platform, on the Market Today | Bitcoinist.com". bitcoinist.com. 17 February 2022. Retrieved 21 March 2022.
9. ↑ "Billance Introduces the Safest Digital Asset Trading Platform By CoinQuora". Investing.com. Retrieved 21 March 2022.
10. ↑ Inc, AB Digital. "Billance AMA Summary: How New Exchanges Survive Differently?". Benzinga. Retrieved 21 March 2022. `{{cite web}}`: `|last1=` has generic name (help)
11. ↑ "Billance Reviews & Ratings 2022". TrustRadius. Retrieved 21 March 2022.
12. ↑ "Billance Introduces the Safest Digital Asset Trading Platform". CoinQuora - Latest Cryptocurrency and Blockchain News. 17 February 2022. Retrieved 21 March 2022.
13. ↑ "Billance Earn launched USDT&USDC Flexible Savings. Enjoy 18% APY". US Times Now. 10 March 2022. Retrieved 21 March 2022.
14. ↑ "Billance on CGMIMM". CGMIMM. Retrieved 21 March 2022.
15. ↑ "Up to 18% APY! 'Billance Earn Flexible' Savings Income, Beats All Similar and or Related Products, Currently on the Market Today | The Ritz Herald". ritzherald.com/. Retrieved 21 March 2022.
16. ↑ "How to Subscribe 18% APY on Billance Earn Flexible Savings". www.snntv.com. Retrieved 21 March 2022.
17. ↑ Wales, Jordan (9 March 2022). "Flexible Savings Comes! Deposit to earn and withdraw anytime for 18%APY￼". Fox Interviewer. Retrieved 21 March 2022.
18. ↑ "Billance Earn Product, Hits its 2nd Phase by Popular Demand: Make Savings on your USDT / USDC and earn 100% APY!". billance.zendesk.com. Retrieved 21 March 2022.
19. ↑ Frometa, R. J. (10 March 2022). "Flexible Savings Comes! Deposit to earn and withdraw anytime for 18%APY". Vents Magazine. Retrieved 21 March 2022.
20. ↑ "Dark Horse Digital Currency Exchange 2022 Security Review – BILLANCE". nowjon.com. Retrieved 21 March 2022.
21. ↑ "Be the first to write a review about Billance". Trustpilot. Retrieved 21 March 2022.

## External links[edit]

* Official website
* Billance on Instagram
* Billance's channel on YouTube
* Billance on Twitter
* Billance on LinkedIn