#BinanceTurns8 Binance Holdings Ltd., known as Binance, is a global company that operates the largest exchange in terms of daily trading volume of cryptocurrencies. Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high-frequency trading software. Binance initially had its headquarters in China, then moved to Japan just before the Chinese government banned cryptocurrency companies. Binance subsequently left Japan for Malta and currently the company has no official headquarters.