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The world’s leading cryptocurrency trading podium, Binance has been compared a bit to banks and other financial firms in terms of earned profit. Binance has been outdoing most of the ordinary banks and upholding cryptocurrencies capabilities and reach.

The Element group tweeted this earlier yesterday:
>@binance made almost 3 times more profit than @Twitter in Q1 of 2018! -- @bitGurubuff.ly/2Fxcurx

![ripple-8-e1525333023441.jpg](https://steemitimages.com/DQmTWFjh2eehPHykY4bRaW4Q5b9b7pQMupUV6YHYuBcn3W4/ripple-8-e1525333023441.jpg)

According to different sources, Binance is 3 times more profitable as compared to Twitter as witnessed in the first quarter of the year 2018. Binance is yet to announce its profits publicly this year but the market analysts combined some approximate figures from the Binance Coin [BNB] burn that took place recently. On 15th  April, 20182.2 million ($30 M) worth Binance Coin was burnt, which describes Binance’s profit to be somewhere close to $150 million, as per the statistics.

![Capture-6.png](https://steemitimages.com/DQmeiCBPcEU5Vi9i2pRqwgdYxNbiJ2rFSN9MgEPeyTiqC7e/Capture-6.png)

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