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 Blockchain.info 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.
Experts in the crypto space have recently expressed strong support for a bull market in 2024. Because of this, investors and cryptocurrency enthusiasts' curiosity has been sparked as they look for the best altcoins for massive returns in the bull market.
Recall the crypto excitement of 2021 when Solana (SOL) surged like a rocket on Hyperdrive. Well, get ready,
Coinspeaker Former BitMEX CEO Arthur Hayes Says Bitcoin ETFs Could Attract Billions of Dollars While being bullish on Bitcoin ETFs for the long term, Arthur Hayes expressed bearish sentiments on Bitcoin in January, anticipating a short-term correction of up to 30% in prices. Former BitMEX CEO Arthur Hayes Says Bitcoin ETFs Could Attract Billions of Dollars