In June 2017, Zhao Changpeng founded Binance @binance, and then issued the platform currency $BNB, but it quickly broke after the ICO. On August 8, He Yi, who was already well-known in the entrepreneurial circle, announced that she would join Binance as CMO. BNB subsequently soared 18 times, and He Yi was also dubbed the "No. 1 in the coin circle". On September 4, the People's Bank of China and seven departments jointly issued the "Announcement on Preventing the Risks of Token Issuance and Financing", declaring ICO an illegal activity, known as the "94 Incident". A week earlier, the Binance team heard the news and moved from Shanghai to Tokyo. China's suppression did not have much impact on the decentralized encryption market. Various cryptocurrencies have sprung up like mushrooms after rain. Tron was born in September and Cardano was born in October. The market has been advancing all the way. On December 17, the price of Bitcoin was close to $20,000, which was the high point of this cycle. #币安故事

The story of Binance, a cryptocurrency platform, and its founder Zhao Changpeng's wealth-making story is gradually becoming known

Binance has been established for only four years and has become the world's largest cryptocurrency exchange, with 3,000 employees worldwide,

Daily trading volume reaches $76 billion, more than its four largest competitors combined. According to insiders, at the current trading scale, Binance's valuation will reach $300 billion.

It is reported that Zhao Changpeng controls most of Binance's shares. According to Forbes data,

Founder Zhao Changpeng owns 30% of Binance shares.

Based on this calculation, Zhao Changpeng's net worth has now reached $90 billion (equivalent to 573.3 billion yuan).

This net worth means that Zhao Changpeng has become the richest Chinese and is among the top ten richest people in the world.

In early November this year, Forbes magazine released a list of China's richest people. The first place is Zhong Shanshan, chairman of Nongfu Spring, with a net worth of 424.4 billion yuan.

ByteDance founder Zhang Yiming (382.5 billion yuan), CATL founder Zeng Yuqun (327.2 billion yuan), and Tencent founder Ma Huateng (316.2 billion yuan) followed closely behind.

In contrast, Zhao Changpeng's net worth exceeds that of Zhong Shanshan, the richest man in mainland China, by 35%.

According to past reports, Zhao Changpeng is a Chinese Canadian who has a high influence in the field of cryptocurrency and is known as "CZ".

He was born in 1977 and lived in Jiangsu as a child. Later, he moved to Vancouver, Canada with his family and is currently living in Singapore temporarily.

In 2005, Zhao Changpeng founded Fuxun Information, Bijie Technology and other companies in Shanghai and earned his first pot of gold.

In 2013, he entered the Bitcoin field. In 2017, he founded Binance with his team and issued the digital currency "Binance Coin" (BNB).

Half a year later, Binance had 6 million users, becoming the world's largest cryptocurrency exchange and has maintained its leading position in the industry to this day.

Zhao Changpeng said that he hopes Binance will grow at a more moderate pace, "We hope that other exchanges can grow a little bit, so that they can share the user pressure with us."

Currently, Binance's monthly spot trading volume has topped the list for 15 consecutive months. The rapid growth of trading volume has led to the rapid growth of Zhao Changpeng's net worth.

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The legendary story of the richest man Zhao Changpeng🥰🥰

Zhao Changpeng, a legendary figure who invested all 1.1 million in Bitcoin, what is his investment journey like? Let's take a look at his story:

Zhao Changpeng took a huge risk in 2014 and invested all his 1.1 million in Bitcoin. Even though the house price doubled at that time, the price of Bitcoin plummeted to one-third. But he did not give up, but chose to join OKCoin as technical director, responsible for international affairs. However, he did not stop there. In 2017, he founded binance and successfully raised 15 million US dollars in a public offering.

Binance was highly sought after only 11 days after its opening, which is undoubtedly the best proof of Zhao Changpeng's decision-making ability and execution. His story has become a legend in the currency circle and has become a hero in the hearts of countless people.

Zhao Changpeng's adventurous spirit and entrepreneurial courage are admirable. His story tells us: Only by daring to try and dare to take risks can we go further on the road of entrepreneurship. What do you think of Zhao Changpeng's investment experience and entrepreneurial decisions? Come to the comment area to share your views!
#币安故事

The richest Chinese, Zhao Changpeng CZ, was born.

The first cycle 2009-2013 On January 3, 2009,

Bitcoin produced its first block,

announcing the birth of the world's first cryptocurrency.

At that time, Bitcoin participants were mainly miners, and the price was negotiated by the Bitcointalk forum to reach a consensus,

hence the emergence of interesting stories such as "10,000 Bitcoins for Pizza". In 2013, Li Lin founded Huob and Xu Mingxing founded OK,

Zhao Changpeng first heard the concept of Bitcoin in a poker game.

With the mature development of exchanges, Bitcoin also ushered in its first super bull market,

Data shows that the price of Bitcoin reached a historical high of $1,153 on December 5, 2013, the high point of this cycle.

(The time period of this chart is from April 28, 2013 to December 31, 2014)

The second cycle 2013-2017 In February 2014,

Mt.Gox (Chinese online name "Mentougou"), the world's largest exchange, was reported to have been hacked,

850,000 bitcoins were stolen, and the crypto market continued to fall sharply.

On January 15, 2015, Bitcoin fell to the lowest point of the cycle at $177, down more than 80% from the highest point, and after six months of fluctuations, it started a unilateral upward trend.

(The time period of this chart is from January 1, 2014 to December 31, 2016)

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Once upon a time, I thought that as long as a project listed on Binance, it would definitely attract a large number of players to join. After all, Binance's liquidity is like the allure of a one-night stand, always irresistible. However, reality always wakes you up in a way that makes you want to hit the wall. Just like this time with BAN, when it went live on Binance, I was full of anticipation thinking I was going to get rich, but what I saw was — are you kidding me? 😂😂.

But don't be too discouraged, I, Kay, am a middle-aged 'loser' with foresight. I haven't been idle; I seized the opportunity and went all in on $BAN, especially since its latest price is only 0.06. I believe it has at least a 4-fold increase potential. Don't hesitate, everyone, be bold and go All-In, after all, opportunities are always for those who dare to 'Fuck'!

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