Historical Price
Binance is a blockchain ecosystem comprised of several arms to serve the greater mission of blockchain advancement and the freedom of money. Binance Exchange is the leading global cryptocurrency exchange by trading volume, with users from over 180 countries and regions.
In 2017, it started as an exchange and has quickly become the standard for stable liquidity and low fees for traders.
As of January 2018, Binance was the largest cryptocurrency exchanges in the world in terms of trading volume.
Binance was found by Changpeng Zhao, a developer who had previously created high frequency trading software. Binance was initially based in China, but later moved out of China due China’s increasing regulation of cryptocurrency.
The meteoric growth of its user-base enabled Binance to make substantial profits during the ICO gold rush and start to expand beyond its exchange offering.
The Binance ecosystem is also comprised of Binance Labs (venture capital arm and incubator), Binance DEX (decentralized exchange feature developed on top of its native, community-driven Binance Chain blockchain), Binance Launchpad (token sale platform), Binance Academy (educational portal), Binance Research (market analysis), Binance Charity Foundation (blockchain-powered donation platform and non-profit for aiding in sustainability), Binance X (developer-focused initiative) and Trust Wallet (its official multi-coin wallet and dApps browser)
Nowaday, Binance is one of the largest cryptocurrency companies in the world, they have made important milestones when acquiring Coinmarketcap, Trust Wallet, expanding India market, leading the derivative trading volume, opening broader adoption of cryptocurrencies by fiat-to-crypto, increasing financial services (staking, savings, loans) and more…
