binancehistory

🎉️ Company beginnings
CEO Changpeng Zhao founded Fusion Systems in 2005 in Shanghai; the company built high-frequency trading systems for stockbrokers. In 2013, he joined Blockchain.info as the third member of the cryptocurrency wallet's team. He also worked at OKCoin as CTO for less than a year, a platform for spot trading between fiat and digital assets. He was hired at this position in 2014 by Yi He, with whom he co-founded Binance several years later.

The company was founded in 2017 in China but moved its servers and headquarters out of the country in advance of the Chinese government's ban on cryptocurrency trading in September 2017.Zhao asked He to join Binance, and she helped rewrite parts of the white paper for Binance's $15 million initial coin offering.
🎉️ Launch of stablecoin and security breach
In January 2018 it was the largest cryptocurrency exchange with a market capitalization of $1.3 billion,a title it had retained as late as April 2021, despite competition from Coinbase, among others. In March 2018, Binance announced its intentions to open an office in Malta after stricter regulations in Japan and China.In April 2018, Binance signed a memorandum of understanding with the government of Bermuda.[mMonths later, a similar memorandum was signed with the Malta Stock Exchange to develop a platform for trading security tokens.In 2019, the company announced Binance Jersey, a Jersey-based exchange which offers fiat-to-cryptocurrency pairs, including the Euro and the British pound.

In June 2018, Binance and three other firms raised $65 million for sports blockchain company Chiliz.In July 2018, Binance acquired Trust Wallet, a decentralized cryptocurrency wallet for an undisclosed sum composed of a mixture of cash, Binance stock, and BNB tokens.In August 2018, Binance along with three other large exchanges raised $32 million to fund the stablecoin project Terra. This was intended to facilitate cryptocurrency transactions with less volatility.

In January 2019, Binance announced that it had partnered with Israel-based payment processor Simplex to enable some cryptocurrencies to be purchased with debit and credit cards.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 the time.Binance halted all transactions for one week while investigating. Binance also pledged to reimburse customers from an emergency fund.

In June 2019, the company announced it would prohibit US passport holders as well as anyone residing in the US, and would set up a new entity binance.us to support those customers.[30] Later in 2023, Forbes leaked a document allegedly from Binance titled "TaiChi" that proposed this regulatory solution to reduce US regulatory risk.Binance subsequently denied the document, sued Forbes for defamation, and subsequently dropped the lawsuit. In September 2019, the exchange began offering perpetual futures contracts, allowing leverage as high as 125 times the value of the contracts.In November 2019, Binance announced it was acquiring Indian bitcoin exchange WazirX, which became disputed in August 2022 when Binance founder Zhao claimed the deal was never signed.
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#writetoearn #binancehistory #BinaceSquare

Creada en 2009, Bitcoin es la primera criptomoneda descentralizada, un tipo de dinero digital que actualmente es utilizado por más de 25 millones de usuarios en todo el mundo para transferir y resguardar valor, para realizar compras y pagos, y hasta para ahorrar.
¿Cómo funciona Bitcoin?
Las operaciones en bitcoins (o BTC) están asentadas en un sistema contable informático que funciona entre personas (P2P), sin intermediarios que validen las transacciones.
La red en la que se realizan estas operaciones está protegida con criptografía. Además, el registro se distribuye en simultáneo a todas las computadoras conectadas. Esto hace que el sistema sea extremadamente difícil de vulnerar, y mucho más estable y resistente a ataques informáticos, falsificaciones y malversaciones.
‍Para los usuarios, sin embargo, operar en Bitcoin es tan simple como mandar un email: hay una dirección que envía, una que recibe y un monto en bitcoins que va de lado a lado. Tanto quien envía como quien recibe bitcoins operan de forma privada y permanecen anónimos ante el resto de la red.
Si querés saber más, no te pierdas nuestra Guía Bitcoin: un viaje al planeta Cripto, una producción que te cuenta en detalle todo lo que tenés que saber sobre la criptomoneda más importante.
#BTC #binancehistory #HISTORY $BTC

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ما هي Binance ومن هو مؤسسها؟
تأسست Binance، إحدى أكبر وأشهر بورصات العملات المشفرة في العالم، في عام 2017 على يد Changpeng Zhao (CZ) وYi He.

*المؤسسون:*

1. *Changpeng Zhao (CZ)*: رجل أعمال ومبرمج صيني كندي، يشغل منصب الرئيس التنفيذي لشركة Binance. عمل سابقًا في Bloomberg وThomson Reuters، وكان أيضًا المدير التقني لشركة OKCoin.
2. *يي هي*: رائدة أعمال ومستثمرة صينية، وهي المؤسس المشارك والمدير التنفيذي للتسويق في Binance. لديها خبرة في التمويل والتسويق.

Can you believe it? Binance is turning 8! 🎉 From humble beginnings in July 2017, launching amidst a booming ICO landscape, Binance has etched its name into the history books of the digital revolution.
Let's take a quick trip down memory lane:
* 2017: The Dawn ☀️: Founded by Changpeng Zhao (CZ) and Yi He, Binance quickly gained traction with its lightning-fast trading engine and wide array of altcoin listings. Its ICO raised $15 million, fueling its initial growth.
* 2018: Global Expansion 🌍: Despite regulatory challenges in some regions, Binance strategically expanded its global footprint, establishing key exchanges and services. The Binance Charity Foundation was also launched, showcasing a commitment beyond just trading.
* 2019: Launching the Ecosystem ⚙️: Binance launched its native token, BNB, and the Binance Chain, laying the groundwork for a broader ecosystem. Binance Launchpad also emerged, becoming a pivotal platform for new crypto projects.
* 2020: DeFi Boom & Innovation 🌱: As the DeFi summer took off, Binance Smart Chain (now BNB Chain) was launched, offering a more scalable and affordable alternative for decentralized applications.
* 2021: Unprecedented Growth 📈: Riding the wave of the crypto bull run, Binance saw exponential growth in users and trading volume, solidifying its position as the world's leading cryptocurrency exchange.
* 2022-2023: Navigating Challenges & Building Resilience 💪: Binance navigated regulatory scrutiny and market downturns with a focus on compliance and user security, demonstrating remarkable resilience.
* 2024-2025: The New Era 🛡️: Under new leadership, Binance continues to evolve, emphasizing regulatory adherence, expanding its product offerings (like the recent Binance Sharia Earn), and fostering innovation on the BNB Chain (as highlighted by recent Q1 2025 data showing a dominant 36.5% market share and the exciting progress of opBNB and Greenfield).
Today, Binance stands as a testament to the power of vision, innovation, and community. It has not only shaped the way we trade and invest in cryptocurrencies but has also fostered the growth of the entire blockchain ecosystem.
As we celebrate this 8th anniversary, we look forward to many more years of Binance leading the charge in shaping the future of finance! Thank you to the Binance community for being part of this incredible journey! ❤️
Join the Celebration!
Feeling the FOMO? Don't just watch from the sidelines! Binance is pulling out all the stops for its 8th birthday bash, and you're invited! 🎉 Dive into the "Crypto Meteor Shower" and seize your chance to win from a colossal pool of nearly $2 MILLION in prizes, including the highly sought-after BNB. Plus, unlock exclusive "GR-8 Card" rewards and participate in thrilling quests for a share of up to 888,888 BNB! 🎁 The festivities run from July 8th to 15th – mark your calendars and get ready to celebrate a historic moment in crypto with the pioneers themselves! 🚀
#BinanceTurns8 #BinanceHistory #CryptoEvolution #Blockchain #DeFi #Web3 #Innovation #8YearsOfBinance

Binance, the world's largest crypto exchange, was founded in 2017 by Changpeng Zhao (CZ), rapidly growing from a simple crypto-to-crypto platform to a vast ecosystem with its native BNB token, Binance Smart Chain (BSC), Launchpad, and more, known for high volume but facing increasing global regulatory scrutiny, leading to legal issues, significant fines, and CZ stepping down as CEO in late 2023, with Richard Teng taking over.

Early Growth & Expansion (2017-2019)
2017: Launched in China, quickly became dominant due to low fees and speed. Introduced Binance Coin (BNB) during its ICO, initially an ERC-20 token on Ethereum.
2018: Moved operations from China to Malta due to regulatory pressures, launched mobile app, and expanded to the US market.
2019: Launched Binance DEX (decentralized exchange) and Binance Launchpad for IEOs (Initial Exchange Offerings).
Ecosystem Development (2020-2022)
2020: Launched Binance Smart Chain (BSC) for developers, alongside Binance Chain, offering low fees and fast transactions.
Ongoing: Introduced Binance Earn (staking, lending), acquired CoinMarketCap, and expanded services like Binance NFT.
Regulatory Challenges & Leadership Change (2023-Present)
Faced major investigations in the US and UK for money laundering and tax offenses.
Nov 2023: CZ pleaded guilty to US charges, resulting in a $4.3 billion penalty; CZ stepped down as CEO.
Late 2023/2024: Richard Teng became CEO; Binance reached settlements with US authorities.
2024/2025: Continued regulatory pressure globally, with some countries restricting access, but also saw CZ's pardon in late 2025.
December 2025: Co-founder Yi He was appointed as co-CEO.
Binance User's History
Binance has surpassed 300 million users globally, a milestone announced around late 2025/early 2026, solidifying its position as the world's leading cryptocurrency exchange by users and trading volume. This growth reflects massive adoption, with an addition of 30 million users in 2025 alone, demonstrating strong global demand for digital assets and the platform's extensive offerings.

#binancehistory #binance300millionusers

في عشية عيد الميلاد الاحتفالي 2025، دعونا نسافر إلى الوراء في الزمن إلى بداية التبادل الذي يهيمن على حياتنا المشفرة اليوم: باينانس!
من السهل نسيان أن كل عملاق يبدأ صغيرًا. لم تكن باينانس دائمًا العملاق الذي يعالج مليارات الصفقات يوميًا. بدأت رحلتها برؤية جريئة وبداية متواضعة.

🗓️ التكوين: 14 يوليو 2017
هذا هو التاريخ التاريخي الذي أطلقت فيه باينانس رسميًا تبادلها. وُلدت من عرض عملة أولي (ICO) جمع 15 مليون دولار، وسرعان ما بدأت في غزو عالم العملات المشفرة الناشئ مع تركيزها على السرعة والأمان وتشكيلة واسعة من العملات البديلة.