#BinanceTurns8 Binance, one of the world's leading cryptocurrency exchanges, is celebrating its 8th anniversary in July 2025.
Founded in July 2017 by Changpeng Zhao (CZ), Binance quickly rose to prominence as a major player in the crypto space.
Key Milestones and Achievements:
Over its eight years, Binance has achieved significant milestones:
* 2017: Launched its exchange platform with high-speed trading technology and its native token, Binance Coin (BNB), through an Initial Coin Offering (ICO).
* 2018: Introduced its proprietary blockchain, furthering the utility of BNB.
* 2019: Expanded trading options with a decentralized exchange (DEX) and futures trading.
* 2020: Debuted the Binance Smart Chain (BSC, now BNB Smart Chain), enabling decentralized applications and smart contracts, which saw significant adoption in the DeFi sector.
* 2021: Integrated more DeFi products into its ecosystem.
* 2022: Launched its NFT Marketplace.
* 2023: Enhanced security measures with AI and machine learning to combat fraudulent activities.
* User Growth and Trading Volume: Binance has seen significant user growth, reaching over 240 million users by July 2025. Users have traded an astounding $125 trillion in digital assets