Binance Information Bill Like? Do Rank It! Likes

Binance is a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies. Since early 2018, Binance has been considered one of the biggest cryptocurrency exchange in the world in terms of total trading volume.

CEO Changpeng Zhao had previously founded Fusion Systems in 2005 in Shanghai; the company built high-frequency trading systems for brokers. In 2013 he joined as the third member of the cryptocurrency wallet’s team. He also worked at OKCoin as CTO for less than a year, a platform for spot trading between fiat and digital assets.

The company was founded in China but moved its servers and headquarters out of China and into Japan in advance of the Chinese government ban on cryptocurrency trading in September 2017. By March 2018, the company had established offices in Taiwan.

As of January 2018, it was the largest cryptocurrency exchange with a market capitalization of $1.3 billion.

Binance Features
  • Safety Stability_ Multi-tier & multi-cluster system architecture
  • High Performance_ Capable of processing 1400000 orders per second
  • High Liquidity_ Abundant resources and partners
  • All Devices Covered_ Web Android iOS Mobile Web Windows macOS
  • Multilingual Support_ Support and FAQs available in multiple languages
  • Multiple-Coin Support_ BTC ETH LTC BNB
Binance Images
Binance Most Popular Content
Pepe whale who earned $14.5m turns to turbo, is this the next big thing?
3 weeks ago

A whale recently transferred $14.5 million of PEPE to Binance and is now buying TURBO, Lookonchain data on May 9 shows. Pepe coin (PEPE) is a meme token and one...

Binance to List FLOKI and PEPE in Innovation Zone
3 weeks ago

Coinspeaker Binance to List FLOKI and PEPE in Innovation Zone The announcement from Binance seems to have caused some excitement in the market as PEPE saw a surge of over 40%, while FLOKI increased by over 60%. Binance to List FLOKI and PEPE in Innovation Zone

Ethereum Whale Makes 10X Profit on Shiba Inu (SHIB) Rival That’s Up 650% in Past Month: On-Chain Data
5 days ago

A skilled Ethereum (ETH) whale made over 10X in gains on Pepecoin (PEPE), according to...

Binance Team
Changpeng Zhao
CEO & Co-Founder
Yi He
CMO & Co-Founder
Wei Zhou
Ella Zhang
Head of Binance Labs
Teck Chia
Partner at Binance Labs
Benjamin Rameau
Director at Binance Labs
Christy Choi
Director at Binance Labs
Flora Sun
Director at Binance Labs
Ling Zhang
Director at Binance Labs
Binance Portfolio
Mention Binance in News
Whale Moves Over $154,000,000 Worth of Ethereum in One Massive Transfer – Here’s Where the Crypto Is Going
3 weeks ago

A mysterious Ethereum whale is suddenly on the move, shifting tens of thousands of ETH...

Binance Launches ‘Capital Connect’ Platform
2 weeks ago

Crypto exchange Binance debuts ‘Capital Connect,’ a new platform that links institutional investors with crypto fund managers. The world’s leading cryptocurrency exchange Binance has launched a new platform called Capital Connect. Capital Connect bridges institutional investors with cryptocurrency fund managers. Binance explains that the platform will allow institutional investors seeking crypto exposure to do so in a safe and efficient way. Capital Connect will offer information on assets under management (AUM) of different funds, records of their performance, minimum amounts to invest and further pertinent information. After taking the necessary information into account, investors can initiate contact with fund managers via the platform. Reports indicate that once contacted, investment managers can review the institutional clients’ information before accepting a connection. Capital Connect automates and facilitates the process and keeps information anonymous until such time both parties have agreed to a connection. Catherine Chen, Head of Binance VP and Institutional, said in a press release: “Investors and fund managers continue to encounter network inefficiencies due to a lack in market standards.” Adding, “With Capital Connect, we can help create information disclosure standards for market participants with different investing and fund-raising needs.” The new service platform is available to Binance’s VIP, or high net-worth, users. The exchange has nine levels of VIP users and all are eligible to join Capital Connect. In an exclusive interview with digital news outlet The Block, Chen said Binance saw a “very rapid growth of the non-trading type of investors in the past 12 months or so” who chose not to trade cryptocurrencies on their own, but would rather connect with active fund managers who can undertake this on their behalf. Chen explained that this is how Capital Connect came to be. Chen added that Binance would not do due diligence on fund managers listed on the platform but will only allow “high-quality” managers to join. Fund managers must also complete the exchange’s verification process that applies to all its users. Chen further said that like Binance’s main exchange, Capital Connect will not be available to users in the US and other restricted regions. Binance Pushes Forward Despite Numerous Setbacks Binance recently has faced serious scrutiny and criticism from regulators and the wider crypto community. The Commodity Futures Trading Commission (CFTC) brought charges against the exchange and its CEO Changpeng Zhao which sparked investors to withdraw over $400 million from the exchange in a matter of 24 hours. Investors also caught a rather big fright on Sunday, May 7, when Binance paused Bitcoin withdrawals twice in a span of 12 hours. Binance halted withdrawals when Bitcoin transaction fees were at a high and the network heavily backlogged. The exchange did however deliver good news to its users with the announcement of plans to support Bitcoin Ordinal inscriptions on its NFT marketplace later this month. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Recent Related Content