Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is owned and operated by a Chinese national named Zhao Changpeng.
Binance was founded in 2017 and quickly rose to prominence as a leading crypto exchange. It is now one of the top exchanges in terms of trading volume, with a 24-hour volume of over $1 billion.
Zhao Changpeng is a well-known figure in the cryptocurrency space. He is a serial entrepreneur who has founded a number of successful startUPS, including OKCoin, a now-defunct Bitcoin exchange.
Prior to launching Binance, Zhao was an early investor in Bitcoin and Ethereum. He is also a close friend of Vitalik Buterin, the founder of Ethereum.
Zhao’s involvement in the cryptocurrency space dates back to 2013 when he founded OKCoin, one of China’s first Bitcoin exchanges. OKCoin was later shut down by the Chinese government in 2017.
In an interview with Forbes, Zhao said that he first got into Bitcoin because he was “fascinated by the technology” and saw it as “a way to help people in China get access to global markets.”
Zhao is a controversial figure in the cryptocurrency space. Some have criticized him for his close ties to the Chinese government, while others have praised him for his entrepreneurial successes.
Despite his controversies, there is no denying that Zhao is a successful entrepreneur who has built one of the world’s largest cryptocurrency exchanges.