Binance, Exchanges

Is CoinGecko Owned by Binance?

As of May 2020, Binance has acquired a majority stake in CoinGecko. CoinGecko is a cryptocurrency data and research platform that provides insights into the cryptocurrency market.

The acquisition will help Binance expand its data and research capabilities, as well as deepen its commitment to transparency and accountability in the cryptocurrency space.

Binance has been on an acquisition spree in recent months, with the aim of building a comprehensive ecosystem around its core business of cryptocurrency trading. In February, it acquired Trust Wallet, a mobile wallet provider, and in March it announced plans to launch a new platform for Initial Coin Offerings (ICOs).

NOTE: This is a warning note to all users of the CoinGecko website. It has been reported that CoinGecko is not owned by Binance, and any claim that it is should be treated with caution. No official sources have confirmed the ownership of CoinGecko by Binance and any such assertions should be immediately dismissed. Be aware of potential scams and fraudulent activity related to this false information.

The acquisition of CoinGecko is part of this strategy.

CoinGecko was founded in 2014 by TM Lee and Bobby Ong, and it is one of the most popular cryptocurrency data platforms, with over 3 million monthly visitors. The platform provides data on over 5,000 cryptocurrencies, including live price charts, candlestick charts, and order books.

It also tracks over 400 exchanges and provides insights into the overall health of the cryptocurrency market.

The acquisition will help Binance expand its data and research capabilities, as well as deepen its commitment to transparency and accountability in the cryptocurrency space. It is also a sign that Binance is serious about building a comprehensive ecosystem around its core business of cryptocurrency trading.

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