Binance Revenue and Usage Statistics (2023)

Binance is one of the largest cryptocurrency exchanges in the world, responsible for $7.7 trillion crypto exchange volume in 2021.┬áIt was founded in 2017 by Changpeng Zhao, who previously worked for Blockchain.info and as CTO of OKCoin. Launched in Hong Kong, it quickly became one of the leading exchanges, but from the get-go faced increasingly restrictive regulations which forced it to migrate servers and headquarters to Malta. Binance has one of the widest selections of alt-coins available on its exchange and even launched its own coin, Binance Coin, which is currently the fifth most valuable coin by market cap behind Bitcoin, Ethereum, USD Tether and Cardano. It has also launched several security tools aimed at improving trust in crypto, these include Binance Smart Chain, which … Continue reading Binance Revenue and Usage Statistics (2023)