Changpeng Zhao

CZ: No Amount of Withdrawal Will Put Binance Under Pressure

Binance CEO Changpeng Zhao (CZ) went live on Twitter Spaces on December 14 to answer multiple questions regarding pressing issues today. During the ask-me-anything (AMA) session, he remarked “no amount of withdrawals” will put the exchange “under pressure.” To bring the uninitiated up to speed, Binance customers have been withdrawing their funds from the exchange en masse. In fact, on December 13 alone, Binance processed at least $6 billion. Earlier today, CZ posted that they have processed even more when the first version of TerraUSD (UST) and Terra (LUNA) collapsed. Also, he said that yesterday’s withdrawals were a mere “stress

CZ-Shuns-Coinbase-Comparison-After-Binance
CZ Shuns Coinbase Comparison After Binance.US Drops BTC Fees

Binance.US removed all fees when trading bitcoin on 4 spot markets: USD, USDT, USDC, and BUSD. People compared Binance.US to Coinbase, to which Changpeng Zhao responded. Most cryptocurrency exchanges rely on trading fees for revenue. Binance.US grabbed the spotlight within the US crypto community after the exchange removed all fees when trading bitcoin. This applies to all users, whether new or old. According to an announcement, the zero bitcoin fee will apply on four spot market pairs, namely BTC/USD, BTC/USDT, BTC/USDC, and BTC/BUSD. People were quick to praise Binance.US, which radiates to the mother company Binance. However, some compared Binance.US

CZ Amid LUNA Crash: “Manage Your Risks. We Can Handle Ours”
CZ Clarified a News Title, Saying It’s a ‘Little Off’

Binance’s chief Changpeng Zhao said the title from an article of Fortune is a ‘little off’. The title stated that CZ says the crypto downturn is far from over. Zhao clarified that he couldn’t predict the future of the market. Binance’s CEO Changpeng Zhao, commonly known as CZ, complimented a certain article from New York-based multinational business magazine Fortune. In a tweet, the Binance chief said it was a “good article.” Yet, he corrected the title part of it saying it’s “a little off.” Zhao said the article was published after he did a couple of interviews from livestreams. Adding