Eventually, the company would settle in the Cayman Islands, with a secondary company,, located within the United States.īy January of 2018, Binance had already become the world’s largest cryptocurrency exchange with billions of dollars in daily trading. ![]() Quick Facts Year Founded 2017 Founders Changpeng Zhao, Yi He Industry Cryptocurrency Exchange, Cryptocurrencies Headquarter China then moved to the Cayman Islands Key People Changpeng Zhao, Yi He Notable Products Binance Crypto Exchange, BNB (and associated tokens) Website Īfter launching in 2017, Binance would end up bouncing around its headquarters to different countries, hoping to avoid legal action and oversight. Initially working as a designer of high-frequency trading systems for stockbrokers, Changpeng Zhao was well-equipped to enter the budding crypto sphere and become one of the world leaders. ![]() This massive platform was founded in 2017 by Changpeng Zhao (better known as “CZ”) in China and has since become a leader in the crypto space. The History of Binance: What to Know Binance’s crypto-token is the third most traded token in the world.īinance is the largest cryptocurrency exchange in the world if measured by daily trading volume. BNB is the official cryptocurrency for the Binance platform.Binance was founded when CEO Changpeng Zhao created the platform to provide users the ability to trade money.Binance is the largest cryptocurrency exchange in the world.
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