{"id":137869,"date":"2024-09-25T12:00:36","date_gmt":"2024-09-25T09:00:36","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137869"},"modified":"2024-09-25T01:57:07","modified_gmt":"2024-09-24T22:57:07","slug":"binance-hits-mind-blowing-record-of-100-trillion-trading-volume","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/binance-hits-mind-blowing-record-of-100-trillion-trading-volume\/","title":{"rendered":"Binance Hits Mind-Blowing Record of $100 Trillion Trading Volume"},"content":{"rendered":"<p>This achievement, <strong><a href=\"https:\/\/x.com\/_RichardTeng\/status\/1838567951257186804?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1838567951257186804%7Ctwgr%5E7c8c639a7e6329a85bf85bbd4cbd5ab5e5243dc3%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fu.today%2F100-trillion-for-binance-ceo-teng-reveals-jaw-dropping-all-time-high\">shared<\/a> <\/strong>via social media, positions Binance in a unique category, setting a record that dwarfs major financial indicators, including the entire market capitalization of the S&amp;P 500.<\/p>\n<p>This remarkable figure is double that of a crucial U.S. stock market index, reinforcing Binance&#8217;s dominant position in the cryptocurrency arena and showcasing its ability to consistently outperform rivals.<\/p>\n<p>Founded in 2017 by Changpeng Zhao (CZ), Binance has grown from its modest origins to a powerhouse in the industry, driven by its user-friendly platform and appealing fee structure. After successfully raising $15 million through an initial coin offering, Binance utilized these funds to propel its rapid expansion globally.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/court-challenges-secs-rejection-of-coinbases-call-for-clear-crypto-rules\/\" title=\"Court Challenges SEC&#8217;s Rejection of Coinbase&#8217;s Call for Clear Crypto Rules\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/09\/IMAGE-2024-07-01-190044-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Court Challenges SEC&#8217;s Rejection of Coinbase&#8217;s Call for Clear Crypto Rules<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Despite facing significant hurdles\u2014such as a 7,000 BTC security breach, regulatory challenges, and a hefty $4 billion penalty\u2014Binance has not only persevered but thrived. Even the recent arrest of its founder has not deterred the company.<\/p>\n<p>Currently, it boasts a trading volume of $13 billion, which, while below its usual figures, is still eight times greater than that of its closest competitor, underscoring the remarkable journey Binance has undertaken.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance has achieved a significant milestone, with CEO Richard Teng announcing that the exchange has surpassed an astonishing trading volume of $100 trillion.<\/p>\n","protected":false},"author":9,"featured_media":61455,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-137869","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - 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