2023-04-12 00:07:21
Binance
Cryptocurrency exchange
Founded in 2017 by Changpeng Zhao, who is its largest shareholder. It is a global blockchain ecosystem and infrastructure provider for the cryptocurrency industry with a range of financial products, which includes: the largest crypto asset exchange Binance, venture fund and accelerators Labs, Launchpad, Academy, Research, the official Binance Trust Wallet and many other platforms . In 2017, the local cryptocurrency BNB (Binance Coin) was released to support the Binance ecosystem. Binance Coin is currently the 4th most valuable cryptocurrency (after Bitcoin BTC, Ethereum ETH and Tether USDT). In March 2023, Binance announced the test launch of its AI-powered NFT generator, Binance Bicasso. According to the company, by the end of 2022, 357 cryptocurrencies and 1,407 trading pairs are traded on Binance. The platform supports up to 1.4 million trades per second. The average daily trading volume is $65 billion. The user base around the world is more than 128 million people, the number of active users of the Binance Earn service in 2022 was 6.14 million. By the end of 2022, Binance had licenses and registrations in 15 jurisdictions. According to CoinDesk, citing a report from Arcane Research, Binance’s market share of Bitcoin spot trading volume was 92% by the end of 2022.
#Binance #verge #failure #Vedomosti