Cryptos:

105

Exchanges:

10

Wallets:

108

Marketcap:

$2,273,409,416,133

Volume 24h:

$31,573,331,655

Binance logo

Binance

$3,502,339,848

#1

CEX
Overview
Assets
Markets

$3,502,339,848

Volume

1

Rank

N/A

Dominance

94

Assets

480

News

N/A

Markets

1H

0.21

%

1D

-35.22

%

1W

-49.10

%

1M

-45.65

%

2M

-72.36

%

3M

-60.48

%

6M

-91.61

%

1Y

-45.65

%

About Binance

Binance is a leading cryptocurrency exchange platform, renowned for its user-friendly interface, wide range of supported cryptocurrencies, and impressive trading volume. In this article, we will explore the origins of Binance, its creator, and the platform's meteoric rise to prominence.

Binance was founded by Changpeng Zhao, also known as CZ, in July 2017. CZ, a Chinese-Canadian entrepreneur with a strong background in software development and trading systems, has played a crucial role in Binance's rapid growth and success. With a keen understanding of the needs of the cryptocurrency community, CZ has been able to steer Binance to become one of the most popular and well-regarded crypto exchanges in the world.

The Binance story began with an ICO (Initial Coin Offering) that raised approximately $15 million in July 2017. The funds were used to develop the Binance platform and to launch its native utility token, Binance Coin (BNB). Binance quickly gained traction due to its innovative features, low trading fees, and a wide range of supported cryptocurrencies.

In its early days, Binance was headquartered in China. However, as the Chinese government began implementing stricter regulations on cryptocurrencies, the company moved its operations to more crypto-friendly jurisdictions, such as Malta and the Cayman Islands.

Over the years, Binance has evolved from a simple cryptocurrency exchange platform to a comprehensive ecosystem offering various services, including margin trading, futures trading, staking, and even a blockchain-based platform called Binance Smart Chain (BSC). Binance's commitment to continuous improvement and expansion has solidified its position as a leading player in the cryptocurrency space.

In conclusion, Binance is a top cryptocurrency exchange founded by visionary entrepreneur Changpeng Zhao. Its rapid growth, fueled by innovative features and a wide range of supported cryptocurrencies, has made Binance a popular choice for crypto enthusiasts worldwide. As the platform continues to evolve and expand its offerings, it remains at the forefront of the ever-changing cryptocurrency landscape.

Software

Tags

Cashback
Staking
Lending/Loans
Dividend
Borrowing
Mining
Services
Data
Finance
Investment
Asset Managedment
Payments
Fintech
CEX
Centralized
Scalability
Launchpad
Rank

#1

Volume 24h

$3,502,339,848

Location

Malta

Launched

Jul 14 2017

Age

6 Years

News

480

Assets

94

Markets

318