Binance 7th Anniversary 🔥🔥
Counting the glory days
Look at the brilliant achievements of the returning CZ and Binance Exchange
In July 2017, CZ created BN and launched the exchange 11 days after only $15 million in public financing.
The platform proved to be popular with users almost immediately.
On January 10, 2018, BN announced that it had more than 5 million registered users worldwide and a daily trading volume of $10 billion, making it one of the world's largest exchanges.
Less than 4 years after its launch, BN has achieved remarkable results. On the 42nd day of its exchange launch, its trading volume ranked 10th in the world. On the 92nd day, BN was already ranked 5th in the world. On the 156th day, it rose to 3rd in the world. Just 165 days later, BN became the world's largest exchange, a position it has maintained to this day.
BN also issued its own platform currency BNB, which was initially issued at $0.1. By May 2021, the price of BNB reached an astonishing $691.8, and the highest increase this year reached $721.8, a full 7218 times.
In June 2021, BN's Bitcoin contract trading volume reached $825.3 billion. BN's Bitcoin spot and contract trading volume exceeded $7 trillion throughout the year, bringing the company $12.3 billion in profits.
Even in the bear market in 2022, BN's average daily trading volume is still as high as $65 billion, equivalent to half of the average daily trading volume of the A-share market in 2022, and more than 4 times that of the Hong Kong stock market. On November 13, 2021, BN's daily trading volume reached an astonishing $136.7 billion.
CZ also set up an industry recovery fund after fighting with FTX, and immediately protected the crypto market. He went to the meeting alone after Binance was sued, and resolutely went to jail, sacrificing himself for Binance's compliance path, which was quite like a lone hero.
Now is the 7th anniversary of Binance. Although CZ will serve his sentence in prison, he can still see the glory of Binance. When he returns as a king, Binance will reach a higher level.
Happy 7th anniversary to Binance🍰🍰
