Changpeng Zhao (CZ) founded Binance in 2017, and it quickly became one of the most popular cryptocurrency exchanges. Without Binance, the crypto space might have taken longer to grow. Binance made it easy for people to trade many different cryptocurrencies at low fees, making it more accessible for beginners. Without its fast services and large selection of coins, other exchanges might not have been able to offer the same level of convenience or attract as many users.
Binance also played a big role in bringing crypto to new parts of the world. It helped people in regions like Asia and Africa access crypto, where other exchanges had limited reach. Without Binance, other platforms may have stepped in, but the growth of crypto adoption might have been slower. Overall, the crypto market might not have grown as fast or as big without Binance’s influence.
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