![]() Within a year, Binance grew to have 1.4 million transactions a secondīy 2018, Binance grew its net worth to about $2 billion These first six months also saw the Binance token raise from 10 cents to $13 Within six months, Binance had 6 million users 38 per cent of users are located in the United States, while its second-largest country is Japan. To keep up with the growing changes in each country regarding cryptocurrency laws, Binance announced a separate US trading platform after initially having to ban US users late in 2019. ![]() ![]() After only a year of operations, Binance was considered to be one of the biggest cryptocurrency exchange markets in the world, based on the total trading volume. Users can trade Bitcoin, Ether, and more by either using their apps (available through the App Store, Google Play, or Android APK) or their computer desktop which can be downloaded for Mac or Windows.Ī relatively new company, Binance was founded in 2017 by Changpeng Zhao. Best known for: Cryptocurrency exchange platformīinance is a cryptocurrency exchange platform.
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