#TradingStrategyMistakes Binance celebrates eight years, it was the first exchange that old Ai joined.

Now the market knows that BINANCE is the largest exchange, but it is rarely mentioned that Binance was close to failure in its early days.

Throughout these eight years, Binance has overcome many obstacles:

1. In July 2017, CZ risked his entire fortune to raise 15 million dollars; in September, seven ministries issued a joint notice prohibiting ICOs, and many leading exchanges closed or moved abroad, and at that time Binance was barely two months old. (At that time, old Ai's exchange peers decided to give up)

2. In 2018, global regulatory pressure increased, with the SEC issuing several bans.