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Binance is celebrating its 8th anniversary in July 2025, marking eight years since its launch in July 2017 by Changpeng Zhao (CZ) and Yi He. From a rapid startup to the world’s largest cryptocurrency exchange, Binance has played a significant role in shaping the global crypto landscape. To commemorate this milestone, Binance introduced the **“Crypto Meteor Shower”** campaign, offering a **\$2.88 million crypto reward pool**. Users can join by completing trading quests, including making a minimum trade of **\$8 on Spot or Convert**, unlocking new ways to earn rewards and engage with the platform.
Since its inception, Binance has expanded far beyond a trading platform. It now offers a broad ecosystem including **BNB Chain**, **Trust Wallet**, **Binance Pay**, **Binance Labs**, and more. With over **240 million users**, Binance continues to lead in innovation, scale, and reach.
The past year was particularly pivotal. In November 2023, Binance resolved a major U.S. regulatory case by agreeing to a **\$4.3 billion settlement** for violations related to anti-money laundering and sanctions laws. CZ stepped down as CEO and was sentenced to four months in prison. **Richard Teng**, formerly Global Head of Regional Markets, became CEO and began a transformation focused on compliance and governance. Under Teng’s leadership, Binance has secured licenses in over 20 jurisdictions, added an independent board, and restructured its internal controls.
The 8th anniversary symbolizes Binance’s transition into a more transparent, regulated, and user-driven platform—rewarding loyal users while reinforcing its global influence.
