Changpeng Zhao (CZ): A Visionary Leader
Changpeng Zhao, widely known as “CZ,” is the esteemed founder and CEO of the renowned cryptocurrency exchange, Binance.
Hailing from China and holding Canadian citizenship, CZ’s remarkable journey has propelled him to billionaire status, thanks to his exceptional accomplishments in building Binance from the ground up since 2017.
Currently, he maintains residency in both China and Taiwan.
Born in Jiangsu, China, CZ relocated with his family to Vancouver, British Columbia, during the late 1980s.
His father, once a university professor in China, faced exile due to being labeled a “pro-bourgeois intellect.”
CZ’s Journey in Computer Science and Finance
CZ pursued his passion for computer science by studying at McGill University in Montreal, Canada.
After obtaining his degree, he embarked on a career at the Tokyo Stock Exchange, where he developed cutting-edge software for matching trade orders.
Subsequently, he joined Bloomberg Tradebook, contributing as a skilled developer specializing in futures trading software.
In 2005, CZ ventured to Shanghai, where he founded Fusion Systems, a groundbreaking high-frequency trading platform catering to brokers.
Binance’s Rapid Ascent
Binance quickly rose to prominence, reaching the pinnacle of success in April 2018 as the largest cryptocurrency exchange by trading volume, a remarkable feat achieved in just under 180 days from its inception.
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Binance is a great combination of low fees, deep liquidity and multiple cryptocurrencies and trading pairs. We have tested every aspect of it and it STILL holds its reign as the top exchange in the world. In our view, it is the perfect crypto exchange for both newbies and advanced traders alike.
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Biggest exchange in the world.
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Industry's lowest trading fees.
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Advance trading options like leverage trading.
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600+ crypto options, 150+ for the US.
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Lucrative on-site staking options.
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Hiccups in account verification.
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Less regulated than some competitors.
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The corporate structure is not transparently.