#BinanceAlphaAlert#TradeStories #BinanceSquareFamily #HotTrends History of Binance (2017 – Present)

Founded: July 2017

Founder: Changpeng Zhao (CZ)

Binance was launched through an Initial Coin Offering (ICO), raising around $15 million.

It introduced its native token: BNB (Binance Coin).

Initially based in China, Binance quickly gained popularity due to its fast trading engine, low fees, and wide range of supported cryptocurrencies.

2. Regulatory Pressure and Relocation (Late 2017)

Later in 2017, the Chinese government banned cryptocurrency exchanges.

Binance relocated its operations to Japan and then to Malta, which had a more crypto-friendly regulatory environment.

This move allowed Binance to continue growing globally without regulatory constraints from China.

3. Global Expansion (2018 – 2020)

Binance expanded rapidly and became the largest cryptocurrency exchange by trading volume.

Launched several new projects:

Binance Labs (venture arm)

Binance Academy (educational platform)

Binance Charity (non-profit blockchain initiatives)

Trust Wallet (acquired in 2018)

In 2019, Binance launched its own decentralized exchange (Binance DEX).