Cryptocurrency Q&A
Who owns Binance?
Who owns Binance?
DondaejiDelight
Fri Apr 11 2025
|
6
answers
969
Binance is owned by its founder and CEO, Changpeng Zhao, who holds a significant portion of the company's shares. However, the ownership structure of Binance is not fully transparent as it is a private company and does not publicly disclose its shareholding details.
Previous
What is the top market dominance of cryptocurrency?
Next
Which crypto wallet has low transaction fee?
6 answers
GwanghwamunPride
Sun Apr 13 2025
To this day, Zhao retains a substantial ownership stake in Binance. Estimates suggest that he holds approximately 90% of the exchange. This significant share underscores his continued commitment and involvement in the platform's operations and growth.
Was this helpful?
142
44
Daniele
Sun Apr 13 2025
Zhao established Binance in the year 2017. This marks a significant milestone in the cryptocurrency industry. His vision and leadership have played crucial roles in shaping Binance into one of the leading exchanges in the world.
Was this helpful?
57
23
Valentina
Sat Apr 12 2025
BTCC, another notable player in the cryptocurrency space, offers a comprehensive suite of services. As a top cryptocurrency exchange, BTCC caters to the needs of a diverse range of users. Its services encompass spot trading, futures trading, and wallet solutions, among others. These offerings make BTCC a one-stop-shop for all cryptocurrency-related needs.
Was this helpful?
265
55
emma_rose_activist
Sat Apr 12 2025
In addition to his equity stake, Zhao also possesses a considerable amount of BNB tokens. BNB, the native token of Binance, serves multiple purposes within the exchange ecosystem, including fee discounts and participation in various trading activities.
Was this helpful?
144
53
Tommaso
Sat Apr 12 2025
Zhao's holding of BNB tokens aligns with his belief in the long-term potential of Binance and its native currency. By maintaining a large stash of BNB, he demonstrates his confidence in the exchange's future prospects and the token's value appreciation.
Was this helpful?
57
47
Load 5 more related questions
