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The success of Binance

The success of Binance, one of the largest digital currency trading platforms in the world, was not a coincidence, but rather the result of a smart strategy, clear vision, and rapid implementation. Binance's success began with its founding in 2017 by Changpeng Zhao (CZ) and his team. Here are the main points that contributed to its success:

1. Launch timing

Binance was launched in July 2017, at a time when interest in digital currencies was growing rapidly, especially with the significant rise in the price of Bitcoin and other digital currencies.

It took advantage of this momentum to attract users who were looking for platforms to trade digital currencies.

2. Funding through ICO

Binance raised about $ 15 million through an initial coin offering (ICO) for BNB, which later became one of the largest digital currencies in terms of market value.

The funds were used to develop the platform and improve its infrastructure.

3. Low fees and fast execution

Binance has focused on offering low trading fees (