⚖️5 Fun Facts About Binance That Every Investor Should Know⚖️
Binance is one of the largest cryptocurrency exchanges in the world, but there is much more to it than meets the eye. Check out some fascinating facts:
1. It was founded in 2017 and quickly took off
Founded by Changpeng Zhao (CZ), Binance grew exponentially in less than a year, becoming the largest exchange in the world in terms of trading volume.
2. Its name has meaning
The name "Binance" comes from the combination of "Binary" and "Finance", representing the vision of a digital financial economy based on binary technology.
3. Its own currency: Binance Coin (BNB)
BNB started as a token on the Ethereum network and is now one of the largest cryptocurrencies on the market. It is used to pay fees on the platform and offers discounts to users.
4. Binance Academy: Free Education
Binance offers an educational platform called Binance Academy, where anyone can learn about blockchain, cryptocurrencies, and decentralized finance for free.
5. Global presence, but no fixed headquarters
Binance operates globally, but curiously does not have an official headquarters. This reflects its decentralized model and its resistance to strict local regulations.
💡So, did you like these curiosities? Comment on your experience with Binance and share it with other traders! 🚀
