‼️‼️The existence story of Binance and its founder CZ‼️‼️

How CZ built the Binance empire in seven years #BinanceTurns7it

Chanpeng Zhao, known as 赵长鹏 or CZ, was born in 1977 in a Chinese village 🇨🇳 to a father who worked as a teacher.

His family was forced to emigrate to Canada for political reasons, where they started a new life in Vancouver.

CZ

CZ worked at a gas station and McDonald's to help his family establish their new life.

But despite the conditions in their new country, the family was keen to encourage CZ's interest in technology.

In fact, this encouragement played a key role in CZ enrolling in college to study computer science.

CZ's father's advice to his daughter was always to look for a stable job. However, reading CZ's book Rich Dad Poor Dad changed the course of his life.

Where CZ decided to leave his university and began his journey in the job market.

Early in his career, CZ worked developing trading systems for Bloomberg. He then decided to start his own company, Fusion Systems, in 2005.

He successfully made deals with giant banks such as GoldmanSachs and Credit Suisse. For CZ, the reason for this success was that he thought like a sales representative, not just a technical engineer!

CZ took a big risk after hearing about Bitcoin from a friend.

That's when CZ decided to go fully into Bitcoin.

So much so that he sold his apartment, left his company and started his journey in the digital currency market.

CZ started his career in the cryptocurrency market as CTO at Blockchain.Info and then worked as CTO at OKcoin.

After 8 months, CZ decided to leave his position at OKcoin and create his own platform. In 2017, CZ announced a platform project called #Binance.

Noun plural Binary + Finance = #Binance comes from

Binance was launched via an ICO

During this time $BNB price was $0.15

Funds of 15 million dollars were collected

Within a few days, CZ officially launched the Binance platform on April 14, 2017. Binance's success has been tremendous since its early days.

In its first year, the average daily transaction volume exceeded one billion dollars and the number of users reached 10,000,000.

It started to compete for the top 1 in the market.

#binance

It lasted until July 2020.

Since then, Binance has been in the undisputed top 1 in terms of monthly trading volume.

Although CZ personally encountered various obstacles, these did not affect Binance.
#Jasmy
Forbes estimates CZ's fortune at $58 billion, making him 26th on the list of the world's 100 richest people.

This article is not a cz praise article.

It is an article about the need for today's young people to reconsider their dreams of becoming rich like these people without doing anything, relying on their sick thoughts and ideas of making money. Laziness does not make money. If you envy rich people who have come to a place, they should also see the misery they live in.

Information, education, risk

#Bitcoin