So we have been using #Binance but do we even know little history of Binance?
Here is a little general knowledge i think every Binance user should know.
Binance was founded in 2017 by Changpeng Zhao in China in the year 2017 but
moved its operations out of the country and became a decentralized company with no official headquarters. This allowed Binance to operate globally, catering to users from various regions.
BNB (Build'N'Build) is a token on the BNB chain. It was originally called Binance Coin when it was launched in July 2017
By Jan 2018 Binance was the largest crypto currency exchange platform with market capitalization of 1.3 billion $
On 7 May 2019, Binance revealed that it had been the victim of a "large scale security breach" in which hackers had stolen 7,000 Bitcoin worth around $40 million at that time. Luckly now Binance is more safe then ever and user friendly
Between the year of 2020 to 2023 Binance faced lots of allegations of money laundering and tax offenses, the acquisition allowed Binance to re-enter the Japanese cryptocurrency market and as well as China.
Did you know?
Binance sponsored the Africa Cup of Nations in 2021.
Binance invested US$500 million towards the acquisition of Twitter by Elon Musk that completed in October 2022 .
$BNB grew so much in a year from 200 dollers to 540$ now and topped to 711.2$
Well Hope it grows even more as we move on.
Thanks for reading and now you know about Binance if you didn't
