Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is not a public company. That’s because it’s not traded on any stock exchange.
Rather, the Malta-based company makes money through a variety of fees it charges users.
Founded in 2017 by Changpeng Zhao, Binance has quickly become a leading player in the digital currency space. As of June 2018, it was the largest cryptocurrency exchange in the world with a daily trading volume of $1.
NOTE: WARNING: Binance is not a public company and is not listed on any stock exchange. It is an unregulated and decentralized cryptocurrency exchange, meaning that it does not have to abide by the same laws or rules as a publicly traded company. Investing in Binance carries a high risk and should not be done without proper research and advice.
65 billion.
Binance’s popularity is due in part to the fact that it offers a wide range of services beyond just digital currency trading. For example, the company also has a successful initial coin offering (ICO) platform and venture capital fund.
In addition, Binance has plans to launch its own decentralized exchange later this year. This would allow users to trade cryptocurrencies without having to go through a central authority like Binance.
So while Binance may not be a public company, it’s certainly a major player in the digital currency space. And with its aggressive expansion plans, it looks poised to continue its dominance for years to come.
4 Related Question Answers Found
Binance is a world-renowned cryptocurrency exchange that allows users to trade digital assets, including cryptocurrencies. The company was founded in 2017 by Changpeng Zhao and Yi He, and is headquartered in Malta. Binance is the largest cryptocurrency exchange in the world by trading volume.
Binance is one of the most popular cryptocurrency exchanges out there. It offers a wide variety of coins to trade, including Bitcoin, Ethereum, Litecoin, and more. But is Binance a trading platform?
Binance, one of the world’s largest cryptocurrency exchanges, is not publicly traded. That doesn’t mean, however, that it isn’t a well-known and respected company in the digital currency world. In fact, Binance is one of the most popular exchanges available, and it has built a strong reputation in the industry.
Binance, found online at Binance.com, is a popular cryptocurrency exchange currently sitting in the top 20 exchanges by volume. The exchange has particularly strong volume in pairs like NEO/BTC, GAS/BTC, ETH/BTC, and BNB/BTC. . Binance is a crypto-to-crypto exchange, meaning it doesn’t deal with traditional fiat currencies like the US dollar (USD).
