#binanceturns8 Binance's 8th anniversary, celebrated in July 2025, marked a significant milestone for the cryptocurrency exchange, highlighting its journey from a startup to a global leader in the Web3 and blockchain space. The anniversary was commemorated with a variety of events, campaigns, and initiatives focused on the company's community of over 280 million users.
A Look Back at Eight Years of Growth ๐
Founded in July 2017 by Changpeng "CZ" Zhao, Binance rapidly grew to become the world's largest crypto exchange by trading volume. Its success was fueled by offering low trading fees, a wide selection of cryptocurrencies, and an easy-to-use platform. The company's origins trace back to China, but it quickly relocated its operations ahead of a government ban on cryptocurrency trading.
Over its eight-year history, Binance has evolved into a comprehensive Web3 ecosystem, expanding its services far beyond simple crypto-to-crypto trading. Key milestones include the launch of:
* Binance Earn: A service allowing users to earn interest on their crypto holdings.
* Binance NFT Marketplace: A platform for buying and selling non-fungible tokens.
* Binance Pay: A crypto payment solution.
* Binance Launchpad: A platform for new token sales.
The platform's native token, BNB, has also grown significantly since its initial coin offering (ICO), becoming a core component of the Binance ecosy Quests & Binance Pay Offers: Users could earn NFTs and token rewards by completing taring financial inclusion for people worldwide.