Binance will be the principal sponsor of Argentina's national soccer squad for five years.

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For the next five years, Binance will be the principal sponsor of Argentina's national soccer squad as well as the naming sponsor of the country's national soccer league.

The crypto exchange announced on Monday that it has reached an agreement with Argentina's soccer governing body, the Argentine Football Association (AFA).
Binance said in a statement that this is the first time the business has worked with a national soccer squad anywhere in the world. Argentina is a two-time world champion with Lionel Messi, probably soccer's best player, and one of the sport's most ardent fan groups.
According to Binance, the agreement includes the creation of a fan token that would be launched "shortly" on the market.

"Through this collaboration, we intend to promote Argentine soccer at all levels and raise knowledge of Binance, the crypto world, and blockchain among soccer fans across the country and around the world," said Maximiliano Hinz, director of Binance Latin America.
The partnership, according to Leandro Petersen, AFA's commercial and marketing manager, would bring the federation and the country's top teams closer to millions of fans around the world who will be able to purchase new digital products from AFA.

Binance is keen at spreading its tentacles round the globe.

What's your contribution.

 

[uptrendfinancialsignal]

I am not so surprised by the giants strive by binance. It has been a very good cryptocurrency exchange and it has gained popularity among the cryptocurrency investors . People now have binance as a first-choice cryptocurrency exchange. Personally, I prefer using binance as the crypto-currency exchange of my choice because of the features that it has. If you look at the interface of binance, it is user-friendly and very easy to navigate and it has a lot of juicy features for the users. Sponsoring the Argentine national team for good five years is a good gesture and it will increase the number of users that the company has. This is because Argentina is a very popular brand in the sport industry and endorsing such brand is a good is a major milestone for binance.

You can imagine the large fan base that Argentina has all over the world and considering the fact that it is sponsoring the team, it is very certain that about 80% of the audience would want to adopt binance as their team partner. This is a very good move and it is indeed the right decision because the sport-cryptocurrency collaboration is a very good partnership.