CEO Changpeng Zhao had previously founded Fusion Systems in 2005 in Shanghai; the company built high-frequency trading systems for brokers. In 2013 he joined Blockchain.info as the third member of the portfolio team. He also worked at OKCoin as CTO for less than a year, a platform for the site that trades between fiat and digital assets
The company was founded in China but moved its servers and headquarters to Japan in anticipation of the Chinese government's ban on cryptocurrency trading in September 2017. In March ... 2018 the company established its offices in Taiwan
In January 2018 it successfully raised its token (BNB) to a market capitalisation of $1.3 billion.
In March 2018, Binance announced its intentions to open an office in Malta following tighter controls in Japan and China. In April 2018, Binance signed a Memorandum of Understanding (MoU) with the Government of Bermuda.4 Months later, a similar MoU was signed with the Malta Stock Exchange to develop a platform for token trade security. In 2019, the company announced Binance Jersey, a separate entity from its parent Binance.com exchange, with the goal of expanding its European influence. Jersey based exchange offers fiat-to-cryptocurrency pairs, including the Euro and the British Pound
In January 2019, Binance announced that it would partner with an Israel-based payment processor Simplex to enable purchases with debit cards and credit cards, including Visa and Mastercard. Purchases are made with Simplex's policies and local bank policies being limited to Bitcoin, Ethereum, Litecoin and Ripple XRP
In May 2019, Binance announced that it was the victim of a "large-scale security breach" in which hackers stole 7,000 Bitcoin with an estimated value of $40 million. Changpeng Zhao said the hackers "used various techniques, including phishing, viruses and other attacks" and structured their transaction "in a way that passed our existing security controls." The site promised to reimburse affected customers
Binance is not officially regulated by global entities. It is not known exactly in which country the company's headquarters are located. On 21 February 2020 the Malta Financial Services Authority issued a public statement noting that Binance "is not licensed by MFSA to work in the cryptocurrency sphere, so it is not intended for regulatory oversight from MFSA.
On 28 October 2020, Forbes contributors published leaked documents confirming that Binance and Changpeng Zhao (also known as CZ) have created an elaborate corporate structure designed to premeditatedly deceive US regulators and achieve hidden profits from cryptocurrency investors
On April 20, 2021, Brian Brooks who served as the head of the Trump administration's Office of the Comptroller of the Currency (OCC) became the new CEO of Binance.US
Exchange assets (transparency):
$57 007 879 467 - according to nansen.ai,
$58 945 086 909 - according to defillama.com
Disclaimer - data is sourced from third-party and static at the current moment, we don't know about distribution of funds, it's relayed from exchanges, thus 3rd-party full independent audits is required for full picture Для Binance зарегистрирован 24-часовой объем 255 369 947 275 ₽ с расчетным реальным объемом 236 050 444 654 ₽. Это , предлагающее валюты 359 и имеющее показатель достоверности 69.35%, основанный на наших алгоритмах.
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).
Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
Ни один элемент не соответствует указанным критериям поиска.
* Цена/объем исключены - обнаружено резко отличающееся значение
*** Объём исключён - нет свежих данных от API биржи
Уровень доверия это наша новая формула, которая оценивает криптовалютные биржи по трём принципиальным критериям:
Каждый из них имеет соответствующий вес, который рассчитываются в надлежащий балл.
Ликвидность (на основе Монета/Объём) на этом рынке хорошая, и объем, кажется, представлен точно.
Ликвидность (на основе Монета/Объём) на этом рынке усреднённая, заявленный биржей объем может быть выше, чем он есть на самом деле.
Ликвидность (на основе Монета/Объём) на этом рынке плохая, высока вероятность того, что объем завышен (например, фиктивная торговля) или рынок недостаточно ликвиден (биржа с низким объёмом).
Нет доступных данных по этому рынку.