#BinanceTurns8 PART 2 : PS3R ⛔2017 – The Launch Founded July 2017 by Changpeng Zhao (CZ) in China. ICO Success: Raised ~$15 million via its BNB token ICO. Rapid Growth: Became the world's largest crypto exchange by trading volume within 6 months.
⛔2018 – Global Expansion Launched Binance Labs, a venture arm to invest in blockchain startups. Introduced Binance Academy (educational content) and Binance Info (market data). Began work on Binance Chain, its own blockchain.
⛔2019 – Binance Chain & DEX Binance Chain went live along with Binance DEX (decentralized exchange). Binance Coin (BNB) migrated from Ethereum to Binance Chain. Expanded fiat-to-crypto access through local partnerships and Binance Jersey (for Europe).
⛔2020 – DeFi & Smart Contracts Launched Binance Smart Chain (BSC) — an Ethereum-compatible chain for DeFi and smart contracts. BNB price started rising again due to BSC usage. Launched Binance Card, allowing users to spend crypto.
⛔2021 – Peak Growth & Scrutiny Binance saw explosive growth in users and volume during the bull market. CZ pledged to make Binance more compliant and "centralized" where needed. Rolled out Binance NFT Marketplace and expanded institutional services.
⛔2022 – Regulation, Innovation & Consolidation Tightened compliance measures (mandatory KYC for all users. Continued to innovate on BSC with Web3 integrations, GameFi, and DeFi protocols. Helped support the crypto ecosystem during the Terra and FTX collapses.
⛔2023 – Leadership Changes & Legal Challenges Changpeng Zhao stepped down as CEO in late 2023 after a settlement with U.S. authorities. Richard Teng was appointed CEO. Binance agreed to pay $4.3 billion in fines to U.S. agencies but continued global operations. Reaffirmed focus on regulatory compliance and user protection.
⛔2024–2025 – Reinvention & Web3 Pivot Binance began rebranding as a Web3 ecosystem leader—focusing on wallets, decentralized identity, and cross-chain infrastructure. Binance Smart Chain evolved into BNB Chain, now supporting scalable Layer 2 solutions. Still remains a top 3 global exchange, but more focused on decentralization, regulation, and ecosystem services rather than just trading.
#vouchers Stopped🚨🚨 What happend to Binance Reward Hub ? No more daily check-ins, no more vouchers ? Binance stopped rewarding it's users. #ProjectCrypto Now in app activity will be downgraded by binance users, because everyone loves rewards!!
Kindly give your opinion about Binance Support! I Think the support of binance is very weak, Very stupid bot with limited operations, Never got any assistance when i have problems, don't get me wrong!! i love binance but i think there much work to be done to make app more fluid and smooth! Waiting for your answers guys !! #FOMCMeeting #EthereumTurns10 HAPPY BIRTHDAY ETH 🥳 $ETH #BNBATH
How will the new stablecoin law reshape the landscape of decentralized finance and global cryptocurrency payments?
The U.S. House of Representatives has approved a historic bill on stable coins: GENIUS ACT.
This could represent an important step towards regulatory clarity in the cryptocurrency sector, with implications for decentralized finance (DeFi), payments, and more. Share your thoughts!
Active & Upcoming Binance Events 2025 1. Platform Campaigns & Promotions Binance regularly launches trading competitions, promotional giveaways, quizzes, and staking campaigns. Some recent and ongoing offerings include: BNB Smart Chain Trading Competition: trade tokens like M, IDOL, AIN, CROSS, and ECHO to share in $3M in rewards (announced July 11, 2025) “Sharia Earn Red Packet Giveaway” and staking offers spanning USDT and NXPC tokens Creator Pad contests like “#BinanceTurns8 ” with USDC rewards
2. Binance Blockchain Week Dubai 2025 Dates: December 3–4, 2025 Location: Coca‑Cola Arena, Dubai, UAE Highlights: Keynote presentations by CZ (Changpeng Zhao) and Binance leadership, workshops, live ecosystem showcases, and global networking for crypto insiders $BNB
To: Changpeng Zhao (CZ) @CZ Founder & Former CEO, Binance Congratulations on 8 Years of Remarkable Leadership and Innovation Dear CZ, On behalf of crypto enthusiasts, traders, builders, and dreamers around the globe, I want to extend my sincerest gratitude and congratulations to you and the entire Binance team on celebrating 8 years of groundbreaking achievements in the world of cryptocurrency. Since its inception in 2017, Binance has not only grown to become the largest and most influential cryptocurrency exchange in the world—it has also shaped the very foundation of how millions of people interact with digital assets. Your vision, relentless drive, and commitment to innovation have empowered individuals across the globe with access to financial tools, knowledge, and opportunities that were once out of reach. From simplifying crypto trading for beginners to launching impactful initiatives like Binance Academy, Binance Charity, Launchpad, BNB Chain, and countless DeFi and Web3 tools, your leadership has helped drive crypto adoption on a global scale. Even in challenging times, your transparency and resilience have remained a beacon of strength in the industry. Eight years is a significant milestone—not just in terms of longevity, but in how much transformation Binance has sparked in such a short time. You’ve not only built a platform, but a movement. Thank you, CZ, for being a pioneer. For taking bold risks. For standing by the crypto community. And for showing the world what’s possible when innovation meets purpose. Here’s to the journey so far—and to the exciting future ahead. $BNB