Binance, the world’s largest cryptocurrency exchange by trading volume, is a Chinese-owned company. This has led to some speculation as to whether or not Binance is a Chinese company.
Binance was founded in 2017 by Changpeng Zhao, a Chinese national. However, the company is registered in Malta and has offices in Taiwan and Japan.
Binance is not registered with any financial regulators in China.
NOTE: Beware: Binance is not owned by the Chinese government or any other Chinese entity. It is a private company, registered and operating in Malta. As such, it is subject to Maltese law and regulations, not those of China. Be aware that investing in cryptocurrencies can be a risky endeavor and that you should always do your own research before investing in any cryptocurrency or exchange.
While Binance is headquartered in China, the majority of its users are from outside of the country. In fact, only around 5% of Binance’s users are from China.
This is due to the fact that China has banned cryptocurrency trading.
So, while Binance may be a Chinese company, it does not appear to be catering primarily to Chinese investors. Instead, it seems that Binance is focused on serving the needs of the global cryptocurrency community.
7 Related Question Answers Found
Binance US is not a Chinese company. Binance US is a US-based digital asset exchange offering cryptocurrency trading and related services to users in the United States and elsewhere. The company is headquartered in San Francisco, California.
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Binance, the world’s largest cryptocurrency exchange by trading volume, is a Chinese company. However, its CEO, Changpeng Zhao, is a billionaire. In less than two years, Binance has become the most popular cryptocurrency exchange in the world.
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Binance is a cryptocurrency exchange that was founded in 2017. Since its launch, it has become one of the most popular exchanges in the world. Binance is headquartered in Malta and has offices in Singapore, Japan, and the United States.
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