In a broad-ranging ask-me-anything (AMA) on Feb. seven, Binance CEO Changpeng Zhao announced large plans for the cryptocurrency exchange in 2022. One of the about imminent and least explained was the hinted arrival of a new product called Binance Cloud, which will reportedly be unveiled in the next 10 days.

Taking Binance into the cloud

Exactly what Binance Deject might entail was not explained, as Zhao remained tight-lipped during the AMA. Yet, the visitor is currently advertising for a Senior Cloud Engineer, to join the Cloud Engineering and Compages Squad.

The position describes "big scale, massive parallel and highly available compute[r] systems on the advanced Deject Calculating platform," and requires someone who tin can "improve, scale and automate this business disquisitional Cloud-based architecture."

How this translates into a consumer production remains unclear, although seemingly the answer is just days away. Zhao followed upwardly the AMA past tweeting a GIF of some clouds, to increment the speculation.

Other upcoming and recent developments

Even before that, we volition run across BNB futures with 50x leverage launched on Feb. 10. Binance is besides adding fiat gateways for currencies including Russian Rubles, Norwegian Krone and Croatian Kuna, with cryptocurrency purchases already bachelor with Russian credit cards.

Equally Cointelegraph reported, WazirX, the Indian cryptocurrency substitution acquired past Binance, besides recently held a successful Initial Exchange Offering, also known as an IEO, for its WRX coin through Binance launchpad.