Binance, the world’s largest cryptocurrency exchange by trading volume, has acquired CoinMarketCap (CMC), the most popular cryptocurrency data website. The acquisition was announced on April 2, 2020 and is said to be worth $400 million.
NOTE: WARNING: It is important to be aware that Binance’s purchase of CoinMarketCap does not guarantee a successful investment in cryptocurrency. As with any investment, it is important to do your own research and analysis before investing. Investing in cryptocurrency is highly speculative and risky. You should never invest more than you are willing to lose.
This is a huge development in the cryptocurrency industry, as it further legitimizes cryptocurrencies and gives them more mainstream appeal. It also cements Binance’s position as a leader in the space.
So when did Binance buy CoinMarketCap? The answer is April 2, 2020. This is a significant date for the cryptocurrency industry, as it marks another step forward in legitimizing cryptocurrencies and making them more mainstream.
9 Related Question Answers Found
Binance, the world’s largest cryptocurrency exchange by trading volume, has its own cryptocurrency – Binance Coin (BNB). In this article, we will take a look at the history of Binance and how BNB came to be. Binance was founded in 2017 by Changpeng Zhao, who is also the current CEO.
Binance was founded in 2017 by Changpeng Zhao, who had previously founded Fusion Systems in 2005 in Shanghai. Binance is a cryptocurrency exchange with a focus on the Chinese market and other Chinese coins. Binance is the world’s largest cryptocurrency exchange by trade volume and one of the fastest-growing companies in the blockchain space.
Binance is a cryptocurrency exchange that was launched in July 2017. The exchange is headquartered in Malta. Binance has grown to become one of the largest exchanges in the world with a daily trading volume of over $1 billion.
Binance, the world’s largest cryptocurrency exchange by trading volume, was last hacked in May 2019. The hack resulted in the loss of 7,000 BTC, worth approximately $40 million at the time. Binance has since made a number of changes to its security protocol, including the introduction of a new “Secure Asset Fund for Users” (SAFU), which is designed to reimburse users in the event of a future hack.
CoinMarketCap is a website that provides cryptocurrency market capitalizations, pricing, and volume information for over 4,000 cryptocurrencies. It is one of the most popular cryptocurrency websites. Binance is a cryptocurrency exchange that launched in 2017.
NFTs have been around for a while, but they gained popularity in 2020 with the rise of cryptoart. The first NFT was created in 2014 by a company called CryptoKitties. However, it wasn’t until 2017 that the term “NFT” was coined.
Binance and CoinMarketCap are two of the most popular cryptocurrency exchanges. They both offer a wide range of services and have a large user base. However, there are some key differences between the two platforms.
Dent coin was on Binance from August 8th to September 14th of 2018. The reason for its removal is unknown, but it is speculated that the project may have failed to meet certain listing requirements, or that the team behind the project may have decided to delist the coin themselves. The project is still active, and the coin can be traded on other exchanges.
The Yearn.finance (YFI) token was listed on Binance on September 2, 2020. This came as a surprise to many in the cryptocurrency community as YFI is not a project that is affiliated with Binance. The listing was first announced by Binance CEO Changpeng Zhao on Twitter.
