{"id":379115,"date":"2019-04-19T20:00:58","date_gmt":"2019-04-19T20:00:58","guid":{"rendered":"https:\/\/wncen.com\/?p=379115"},"modified":"2019-04-19T13:34:29","modified_gmt":"2019-04-19T13:34:29","slug":"crypto-chronology-watch-the-rise-and-dominance-of-binance-unfold","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/crypto-chronology-watch-the-rise-and-dominance-of-binance-unfold\/","title":{"rendered":"Crypto Chronology: Watch the Rise and Dominance of Binance Unfold"},"content":{"rendered":"

The story of what Binance CEO Changpeng Zhao<\/a> has been able to accomplish a little under two years has been nothing short of incredible. Having launched in July of 2017 amidst stiff competition from well-established rivals and a feverishly bullish market driven by Bitcoin<\/a> hype, rather than pose a challenge for Zhao, the combination was a catalyst for wild success.<\/span><\/p>\n

In a new data visualization making its way around social media platforms, it shows the growth of trading volumes across top exchanges since the beginning of 2017. It also demonstrates just how rapid Binance\u2019s rise to the top has been.<\/span><\/p>\n

Binance Comes Out Swinging, Quickly Becomes King of Crypto Trading Volume<\/span><\/h2>\n

Binance<\/a> seemingly can do no wrong in the eyes of the crypto community. While many exchanges are spoken of with a negative connotation, Binance is loved by most. The firm recently launched its own blockchain<\/a>, and its native crypto token Binance Coin has been among the most successful investments<\/a> in the space throughout the year. Most recently, Binance led a charge to delist Bitcoin SV<\/a> due to controversy surrounding the project\u2019s supporters.<\/span><\/p>\n

Related Reading | Binance Coin (BNB) Nears ATH After Exchange Makes Several Bullish Announcements<\/a><\/strong><\/em><\/p>\n

Before these recent events unfolded, Binance gained a reputation for thwarting hacking attempts, and in general being a positive contributing member of the crypto community, offering up hacker bounty programs<\/a>, donating to charities<\/a>, and much more.<\/span><\/p>\n

Binance also has among the largest varieties of altcoins, has its own launchpad program for new projects, which saw strong interest with the launch of the BitTorrent Token<\/a>.<\/span><\/p>\n

Together, along with valiant ethics, clear transparency, brilliant leadership, and sound business strategy, Binance has grown to become a force to be reckoned with in the crypto industry.<\/span><\/p>\n

Related Reading | Binance Delists Bitcoin SV, BSV Price Plunges in Minutes<\/a><\/strong><\/em><\/p>\n

A new data visualization designed by Blocktown Capital<\/a>, shared via Twitter, shows Binance\u2019s incredible journey to the top through the growth of cryptocurrency trading volumes across top exchanges in the crypto market.<\/span><\/p>\n

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Real cool to see the #bitcoin<\/a> trading volume per exchange 2017 till today. \ud83d\udd25\ud83d\ude80\ud83d\udd25 #BTC<\/a> #trading<\/a> #volume<\/a> #cryptolife<\/a> #thebitcoinfamily<\/a> pic.twitter.com\/gNvhIB8XM6<\/a><\/p>\n

— \u20bf Didi Taihuttu \u20bf ALLIN\ud83d\udca5 (@Diditaihuttu) April 19, 2019<\/a><\/p><\/blockquote>\n