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.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

Binance Opens 2000 Positions Amid Industry-wide Downsizing

Binance’s CEO Changpeng Zhao shared to his 6.4M Twitter followers about the company’s 2,000 open positions amid market crash. The company was hiring despite vast layoffs from other industries and firms. Zhao said the company is now preparing for the next bull market. Leading cryptocurrency exchange Binance braggingly announced that the company is hiring 2,000 new employees amidst the ongoing crypto market crash. Changpeng Zhao, the founder and CEO of Binance, confirmed on Wednesday the company’s massive hiring despite the multiple layoffs from other crypto exchanges. However, the top executive didn’t provide details about what positions are available. BInance’s action was

Binance: The Only Exchange That Offers a Trading Program

Binance’s CEO Changpeng Zhao talked about exchange’s user protection and the future of crypto. CZ stated that Binance is the only crypto exchange that has a responsible trading program. Zhao said Bitcoin reaches a new ATH every 4 years but is uncertain how the market moves. Earlier on CNBC live, Binance’s CEO Changpeng Zhao talked about the crypto exchange’s effort to ensure that clients are trading responsibly and the future of crypto. In the interview, CZ mentioned twice that Binance is the only crypto exchange that has a responsible trading program when asked if it’s right to be offering crypto

CZ Lands In Philippines To Expand Binance Exchange

CEO of Binance CZ Zhao is in talks with media and officials in the Philippines to discuss company expansion. He emphasized that the Philippines is an important market for Binance. Binance is looking to acquire VASP and EMI licenses in the country. The CEO of Binance Changpeng Zhao is in the Philippines, a developing country, to tackle the expansion of its cryptocurrency exchange in the nation. Jekki Pascual, a reporter at ABS-CBN news, revealed in a tweet the image of CZ Zhao speaking with the media in the country about the company’s expansion. During the press briefing, CZ Zhao said