47+ Binance Users & Revenue Statistics (2023)
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Binance is one of the most common places that people store and trade cryptocurrency. It's one of the largest cryptocurrency exchanges in the world, responsible for almost $8 trillion crypto exchange volume in 2021.
Binance was founded by Changpeng Zhao in 2017, and launched in Hong Kong, where it quickly became one of the most popular exchanges. Unfortunately, the company faced numerous restrictive regulations which forced it to migrate headquarters and servers to Malta.
However, the founder Changpeng persevered through the company's challenges, and now the company has one of the widest selections of alt-coins and even has its own coin, called the Binance Coin.