Hey, Gridzilla 👋 🔆📈
📜 BINANCE HISTORY TIMELINE
🚀 2017: The Launch
Founded by: Changpeng Zhao (CZ) and Yi He
Launched: July 14, 2017
ICO: Raised $15 million by selling its native token, BNB (Binance Coin)
Initial Base: China — quickly relocated due to crypto restrictions
🌍 2018–2019: Expansion & Growth
Moved HQ to Malta (then a crypto-friendly nation)
Launched:
Binance Launchpad (for token sales)
Binance Academy, Binance Research
2019:
Introduced Binance Chain & Binance DEX
Binance Smart Chain (BSC) announced
Hack: 7,000 BTC stolen; users refunded via SAFU fund (Secure Asset Fund for Users)
💼 2020–2021: Ecosystem & DeFi Era
Binance Smart Chain (BSC) launched → huge success during DeFi boom
Introduced:
Staking, Futures, Margin Trading
Trust Wallet integration
Massive user growth; Binance becomes top CEX by trading volume
Legal pressure begins mounting in some countries
🌐 2022: Regulatory Headwinds & Compliance Push
Faces investigations or restrictions in UK, US, Canada, Japan, etc.
CZ begins decentralizing leadership and operations
Binance becomes highly active in supporting Web3, NFTs, and startup ecosystems via Binance Labs
🔁 2023: Leadership Shift
Nov 2023: CZ steps down as CEO after U.S. DOJ settlement
Richard Teng becomes new CEO
Binance commits to stronger regulatory compliance
🎉 2024–2025: Resilience & 8-Year Milestone
Binance continues to be:
#1 or #2 in global crypto volume
Largest BNB ecosystem developer
A major player in blockchain education and adoption
💡 Binance Highlights
Native Coin: BNB
Major Products: Binance Exchange, BSC, Trust Wallet, Binance NFT, Launchpad
Slogan: “Exchange the world”
User Base: Over 150 million worldwide
