View source for Billance

{{Infobox company
| name = Billance
| logo = BIllance_logo.png ‎
| logo_size = 
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| type = 
| traded_as = 
| industry = [[Blockchain]], Crypto, Exchange, Finance, [[Cryptocurrency exchange]], [[Cryptocurrency|cryptocurrencies]]
| genre = 
| predecessor = <!-- or: | predecessors = -->
| founded = {{Start date and age|2021|11}}
| founder = <!-- or: | founders = -->
| defunct = <!-- {{End date|YYYY|MM|DD}} -->
| fate = 
| successor = <!-- or: | successors = -->
| hq_location = [[Europe]]
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| num_locations = 
| num_locations_year = <!-- Year of num_locations data (if known) -->
| area_served = Global  100
| key_people = Simona Fontana (CMO)
| products = 
| services = 
| revenue = 
| revenue_year = <!-- Year of revenue data (if known) -->
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| income_year = <!-- Year of operating_income data (if known) -->
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| net_income_year = <!-- or: | profit_year = --><!-- Year of net_income/profit data (if known) -->
| aum = <!-- Only for financial-service companies -->
| subsid = 
| module = <!-- Used to embed other templates -->
| ratio = <!-- Basel III ratio; used for banks only -->
| rating = <!-- Credit rating; used for banks only -->
| website = billance.com
| footnotes = 
}}
'''Billance''' is a [[cryptocurrency]] service platform for global investors based in Mahe Island, [[Seychelles|Republic of Seychelles]].<ref>{{cite web |title=Billance - Crunchbase Company Profile & Funding |url=https://www.crunchbase.com/organization/billance |website=Crunchbase |access-date=21 March 2022 |language=en}}</ref><ref>{{cite web |title=Billance - The Safest, Most Efficient, and Effective Global Digital Assets Platform |url=https://finance.yahoo.com/news/billance-safest-most-efficient-effective-160000071.html |website=finance.yahoo.com |access-date=21 March 2022}}</ref> 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.<ref>{{cite web |title=Billance Platform Introduction: The Most Promising Cryptocurrency Exchange in 2022 {{!}} The Ritz Herald |url=https://ritzherald.com/billance-platform-introduction-the-most-promising-cryptocurrency-exchange-in-2022/ |website=ritzherald.com/ |access-date=21 March 2022}}</ref><ref>{{cite web |title=Billance Reviews - Read Reviews on Billance.com Before You Buy {{!}} www.billance.com |url=https://www.reviews.co.uk/company-reviews/store/www.billance.com-jpa492k |website=reviews.co.uk |access-date=21 March 2022 |language=en}}</ref>

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 [[Investor|investors]].<ref>{{cite web |title=Security review of the dark horse digital currency exchange in 2022 – BILLANCE |url=https://www.digitaljournal.com/pr/security-review-of-the-dark-horse-digital-currency-exchange-in-2022-billance |website=Digital Journal |access-date=21 March 2022}}</ref> The company has been awarded the MSB fiat currency business license from the [[Federal government of the United States|US federal government]] and the MTL financial license from 10 states.<ref>{{cite web |last1=Richer·Blockchain· |first1=Craig |title=As a Digital Assets Platform, What Makes Billance Different? {{!}} Markets Herald |url=https://marketsherald.com/as-a-digital-assets-platform-what-makes-billance-different/ |website=marketsherald.com/ |access-date=21 March 2022}}</ref><ref>{{cite web |title=Billance - The Safest, Most Efficient, and Effective Global Digital Assets Platform |url=https://www.accesswire.com/689493/Billance--The-Safest-Most-Efficient-and-Effective-Global-Digital-Assets-Platform |website=www.accesswire.com |access-date=21 March 2022}}</ref>

==Background==
The idea of Billance was sown by Simona Fontana, the CMO of the company who has worked in [[Investment banking|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.<ref>{{cite web |title=An Introduction to One of the Safest, Most Efficient, and Effective Global Digital Assets Platform, on the Market Today {{!}} Bitcoinist.com |url=https://bitcoinist.com/an-introduction-to-one-of-the-safest-most-efficient-and-effective-global-digital-assets-platform-on-the-market-today/ |website=bitcoinist.com |access-date=21 March 2022 |date=17 February 2022}}</ref> They also come from popular [[Cryptocurrency exchange|Crypto Exchanges]], such as CoinBase, [[Binance]], FTX, and Kraken. The platform is encrypted with top Risk Control Mechanisms and Strong Technical Safety Assurances.<ref>{{cite web |title=Billance Introduces the Safest Digital Asset Trading Platform By CoinQuora |url=https://www.investing.com/news/cryptocurrency-news/billance-introduces-the-safest-digital-asset-trading-platform-2766326 |website=Investing.com |access-date=21 March 2022 |language=en-us}}</ref> 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.<ref>{{cite web |last1=Inc |first1=AB Digital |title=Billance AMA Summary: How New Exchanges Survive Differently? |url=https://www.benzinga.com/pressreleases/22/03/ab26030145/billance-ama-summary-how-new-exchanges-survive-differently |website=Benzinga |access-date=21 March 2022 |language=English}}</ref>

==Platform==
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.<ref>{{cite web |title=Billance Reviews & Ratings 2022 |url=https://www.trustradius.com/products/billance/reviews |website=TrustRadius |access-date=21 March 2022}}</ref>

==Products and Services==
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.<ref>{{cite web |title=Billance Introduces the Safest Digital Asset Trading Platform |url=https://coinquora.com/billance-introduces-the-safest-digital-asset-trading-platform/ |website=CoinQuora - Latest Cryptocurrency and Blockchain News. |access-date=21 March 2022 |date=17 February 2022}}</ref>

'''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.<ref>{{cite web |title=Billance Earn launched USDT&USDC Flexible Savings. Enjoy 18% APY |url=https://www.ustimesnow.com/billance-flexible-savings-comes-deposit-to-earn-and-withdraw-anytime-for-18-apy/ |website=US Times Now |access-date=21 March 2022 |date=10 March 2022}}</ref><ref>{{cite web |title=Billance on CGMIMM |url=https://www.cgmimm.com/local-business/billance |website=CGMIMM |access-date=21 March 2022 |language=en}}</ref>

'''Earnings:''' Earn campaigns provide up to 18% APY interest which is paid out daily.<ref>{{cite web |title=Up to 18% APY! 'Billance Earn Flexible' Savings Income, Beats All Similar and or Related Products, Currently on the Market Today {{!}} The Ritz Herald |url=https://ritzherald.com/up-to-18-apy-billance-earn-flexible-savings-income-beats-all-similar-and-or-related-products-currently-on-the-market-today |website=ritzherald.com/ |access-date=21 March 2022}}</ref> The holders can earn returns much higher than what is offered by the banks.<ref>{{cite web |title=How to Subscribe 18% APY on Billance Earn Flexible Savings |url=https://www.snntv.com/story/46064420/how-to-subscribe-18-apy-on-billance-earn-flexible-savings |website=www.snntv.com |access-date=21 March 2022 |language=en}}</ref><ref>{{cite web |last1=Wales |first1=Jordan |title=Flexible Savings Comes! Deposit to earn and withdraw anytime for 18%APY |url=https://foxinterviewer.com/business/flexible-savings-comes-deposit-to-earn-and-withdraw-anytime-for-18apy%ef%bf%bc/ |website=Fox Interviewer |access-date=21 March 2022 |date=9 March 2022}}</ref> 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.<ref>{{cite web |title=Billance Earn Product, Hits its 2nd Phase by Popular Demand: Make Savings on your USDT / USDC and earn 100% APY! |url=https://billance.zendesk.com/hc/en-us/articles/4479743625497 |website=billance.zendesk.com |access-date=21 March 2022}}</ref>

'''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.<ref>{{cite web |last1=Frometa |first1=R. J. |title=Flexible Savings Comes! Deposit to earn and withdraw anytime for 18%APY |url=https://ventsmagazine.com/2022/03/10/flexible-savings-comes-deposit-to-earn-and-withdraw-anytime-for-18apy/ |website=Vents Magazine |access-date=21 March 2022 |date=10 March 2022}}</ref>

'''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.<ref>{{cite web |title=Dark Horse Digital Currency Exchange 2022 Security Review – BILLANCE |url=https://nowjon.com/dark-horse-digital-currency-exchange-2022-security-review-billance/ |website=nowjon.com |access-date=21 March 2022}}</ref>

'''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.<ref>{{cite web |title=Be the first to write a review about Billance. |url=https://uk.trustpilot.com/review/www.billance.com |website=Trustpilot |access-date=21 March 2022}}</ref>

'''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==
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 [[Investor|investors]]. The company has been awarded the MSB fiat currency business license from the [[Federal government of the United States|US federal government]] and the MTL financial license from 10 states.

==References==
{{reflist}}

==External links==
* [https://www.billance.com/ Official website]
* {{Instagram|billanceofficial2021|Billance}}
* {{YouTube|c=UCj4ocBlVoduelyFApLhQNxg|Billance}}
* {{Twitter|billanceglobal|Billance}}
* {{LinkedIn URL|https://www.linkedin.com/company/billance/|Billance}}

[[Category:Companies established in 2021]]
[[Category:Companies of Europe]]
[[Category:Cryptocurrencies]]
[[Category:Financial services companies]]
[[Category:Financial services]]
[[Category:Cryptocurrency exchange]]