1 thought on “Demystifying Bitcoin's world's largest securities firm "Binance"”
Irene
A fire of Musk made Bitcoin a publicity topic again. There is no doubt that Bitcoin is becoming a historic trend that affects world currency payment. But in fact, NO.1 of the currency circle trading platform is not Coinbase, but Binance. In July 2017, the Chinese Chinese Zhao Changpeng and the former vice president of science and technology, He Yi, jointly founded the "Binance", which is positioned as a world -class blockchain asset trading platform. Members of more than 50 countries and regions around the world. The days since the launch of Binance, its users have covered more than 180 countries and regions. At present, Binance supports about 120 cryptocurrencies, and it is expected that new currencies will continue to be launched in the future to provide global investors with more diversified transaction options. Compared with the popular Coinbase, Binance also has its obvious advantages: there is an open trading platform that can invest in the most invested currency, allowing investors and traders to achieve flexible and changeable investment structure optimization and combination ; The ecological empowerment value represented by the smart chain (BSC), the help node, token holder, developer, and users can benefit, so that the long -term value of its operating model is highly prominent; Bring the strong profitability of massive high net worth users. The reason is that after Coinbase announced the listing, traders and investors of the currency circle immediately set their sights on Binance. How to grasp the timing and share the dividend of Binance, which is still in the outbreak, has become one of the hottest topics in the circle. "You must stare at the stadium" Bitcoin has recently reached a new market value and has been widely recognized by mainstream investment institutions. Tesla announced that in January this year, it invested $ 1.5 billion in Bitcoin and accepted Bitcoin as a payment method for buying electric vehicles. Musk also replaced the avatar of his social media account into anime characters embracing the Bitcoin symbol. It another heavy news comes from Goldman Sachs Group -Goldman Sachs has restarted its cryptocurrency trading department, which will trade Bitcoin futures and trading services such as Bitcoin futures and principal -free delivery. It in the country, but Bin and other investment circles have also expressed their recognition of the value of investment in bitcoin and began to actively lay out. Attracting professional investors from watching to active admission, a fundamental reason is that Bitcoin is becoming a representative of digital currency. Its investment and tradingability are increasingly recognized. Its scarcity, long -term preservation, can be realized Multi -investment value is constantly appearing over time. . Therefore, the market value of Bitcoin trillion dollars is just the beginning. With the joint participation of enterprises, investors and the public, Bitcoin transactions and investment value will be further enlarged. coinbase can create a "myth" valued at 100 billion US dollars, that is, as a trading platform, its business volume and revenue will definitely increase rapidly with the continuous increase of the scale and frequency of Bitcoin. , as the world's largest Bitcoin brokerage Binance, the number of Chinese -controlled trading platforms in 2020 increased by 46%. With the Bitcoin bull market since the end of 2020, Binance's transaction volume has continued to refresh its historical records, and the 24 -hour transaction volume has surpassed A shares. It compared with Binance and Coinbase, we can clearly see the gap between the two. The rank and scores based on traffic -based, liquidity, transaction volume, and the confidence of the reasonable transaction volume of the reporting transaction volume. The currency arrangement is first, and its 24 -hour transaction volume is almost 8 times that of Coinbase. . As of now, the market value of the tokens of the Binance Exchange (similar to securities companies) has become the third largest global digital currency after Bitcoin and Ethereum with a market value of more than 39 billion US dollars. The founder Zhao Changpeng, the founder of the coin, predicted in an interview with Bloomberg in December last year that the net profit of full degree in 2020 is expected to reach US $ 1 billion (6.4 billion yuan). Data show that CICC achieved net profit from 6.828 billion yuan to 7.552 billion yuan in 2020, which means that the net profit of Binance in the past year can be competing with CICC. Buffett once said: "Investors should consider the long -term development of the enterprise, rather than the short -term prospects of the stock market. The price will eventually depend on the future income. As in the investment process, as in a baseball game If the card is constantly rolling, you must stare at the stadium instead of scoring cards. " Obviously, in the baseball of Bitcoin, investors need to find the leading party on the court, and Binance is obviously playing on the baseball court. Most of the main attackers. "The value of shovel" , like any emerging investment field, how to identify the most investment value link in this field is the key to maximizing the return on investment. Binance, as the world's largest digital currency trading platform, has the advantage of moat with the international currency circle resources; at the same time, the Binance Smart Chain (BSC), help nodes, token holders, developers and developers and developers, developers and developers and developers The value of ecological empowerment that users can benefit can continue to attract all parties to settle in, and achieve high activity and strong stickiness; the number and quality of investment trading users in the currency circle have industry -leading advantages. With a highly anticipated profitability. In more importantly, from currency to transactions, Binance is creating a "one -stop service" for investors. For the platform currency BNB, the co -founder of Binance clearly stated that "BNB is greater than Binance". Binance does not seek listing at present, and all values are empowering to BNB and become its established strategy. Binan has established the positioning of international development since its establishment, so that it can not only quickly absorb investors from all over the world, but also allow them to simultaneously obtain changes in user needs in major markets in the world, so as to continue to continue to make themselves sustainable themselves Iteration upgrade. It from the centralized trading service platform to the decentralized trading platform, from BNB to BSC, Binance's innovative awareness and self -evolution ability in the currency circle is the key to continuously overtake the opponent. It, Binance is not only "selling shovels", but also "shovel". The other "treasure" Binance not only has the value of "shovel" exchanges, but also as a public chain. Blockchains are usually divided into three categories: public chains, private chains, and alliance chains (). The main differences between these three types of blockchain are that the public chain is open to everyone and anyone can participate; the alliance chain is open to specific organization groups; private chains are open to someone or entity. The Ethereum is famous in the currency circle because the Ethereum smart contract is the first project to provide smart contract functions in the blockchain field. Bitcoin's network is the earliest digital currency network. Its main function is to use value transmission or payment value scale. Bitcoin itself does not have the function of smart contracts. But after the emergence of Ether Intelligent Contracts, a large number of projects use Ether Ether Smart Contracts to issue their own tokens. A large number of projects run above the Ethereum public chain, laying Ethereum as the world's largest public at that time as the world's largest public. The foundation of the chain. The set of complete smart contract functions such as Ethereum provides a great role in promoting the development of the entire digital currency ecosystem. This is the glory that Ether has historically created. At present, the head of the head chain ETH (Ethereum) is the second largest digital currency of the market value second only to Bitcoin, but the development bottleneck of ETH is network congestion and GAS high, and Binance's public chain BSC is very Good solution to this problem. ETH's technical capabilities are undoubted, but the project and users choose to vote with their feet. The faster and lower GAS fees have become new choices for users. This change has also become the Ethereum and the BSC system. At the beginning of competing, as the GAS on BSC, BNB has also become the winner of this compete. The superimposed CoinBase effect has become the third digital currency in the world's market value. The competition between Binance BSC and ETH is similar to Alibaba and Yisu many years ago. For users, whether it is investment or other trading behaviors, choosing a platform that can provide better experience and lower use costs is the starting point of its decision -making. The Binance BSC has given full play to the "shortness" of ETH in terms of speed, cost, etc., and finally won the hearts of a large number of users. This is another "treasure" of Binance, which also makes it equivalent to the sum of the value of the amplified version of Coinbase ETH. In conclusion In the future development of the currency circle, how to define the investment value of a digital currency trading platform? The first is the technical capabilities of Binance. With authoritatively certified memory matching technology, the processing speed is as high as 1.4 million single/s, which is much higher than the industry average. This is an indispensable technology for the currency circle of the transaction response speed. Service infrastructure. Thenan, as a trading platform, adopts strict selection standards, and only choose projects with good credit, large user base, and strong liquidity. The probability of the project was selected by the Binance is 3%, which is lower than the admission rate of Harvard University. On this basis, Binance supports about 120 cryptocurrencies and 240 transaction portfolios. In terms of transaction quality and transaction openness, Binance has the integration capabilities that other platforms cannot reach. In the era when global currency continued to be over issuance, countless investors hope to find new investment depressions to ensure the preservation and appreciation of their own funds and assets. The continuous rise of Bitcoin proves that more and more mainstream institutions are allocating crypto assets such as Bitcoin. People enter the encrypted asset world through Bitcoin, and eventually explore other assets in the field of encrypted assets, such as only only only only The second only to Bitcoin Binancoin. As a transaction shovel or even further alchemy, it also stood at the investment center point of the currency circle.
A fire of Musk made Bitcoin a publicity topic again. There is no doubt that Bitcoin is becoming a historic trend that affects world currency payment.
But in fact, NO.1 of the currency circle trading platform is not Coinbase, but Binance.
In July 2017, the Chinese Chinese Zhao Changpeng and the former vice president of science and technology, He Yi, jointly founded the "Binance", which is positioned as a world -class blockchain asset trading platform. Members of more than 50 countries and regions around the world.
The days since the launch of Binance, its users have covered more than 180 countries and regions. At present, Binance supports about 120 cryptocurrencies, and it is expected that new currencies will continue to be launched in the future to provide global investors with more diversified transaction options.
Compared with the popular Coinbase, Binance also has its obvious advantages: there is an open trading platform that can invest in the most invested currency, allowing investors and traders to achieve flexible and changeable investment structure optimization and combination ; The ecological empowerment value represented by the smart chain (BSC), the help node, token holder, developer, and users can benefit, so that the long -term value of its operating model is highly prominent; Bring the strong profitability of massive high net worth users.
The reason is that after Coinbase announced the listing, traders and investors of the currency circle immediately set their sights on Binance. How to grasp the timing and share the dividend of Binance, which is still in the outbreak, has become one of the hottest topics in the circle.
"You must stare at the stadium"
Bitcoin has recently reached a new market value and has been widely recognized by mainstream investment institutions.
Tesla announced that in January this year, it invested $ 1.5 billion in Bitcoin and accepted Bitcoin as a payment method for buying electric vehicles. Musk also replaced the avatar of his social media account into anime characters embracing the Bitcoin symbol.
It another heavy news comes from Goldman Sachs Group -Goldman Sachs has restarted its cryptocurrency trading department, which will trade Bitcoin futures and trading services such as Bitcoin futures and principal -free delivery.
It in the country, but Bin and other investment circles have also expressed their recognition of the value of investment in bitcoin and began to actively lay out. Attracting professional investors from watching to active admission, a fundamental reason is that Bitcoin is becoming a representative of digital currency. Its investment and tradingability are increasingly recognized. Its scarcity, long -term preservation, can be realized Multi -investment value is constantly appearing over time.
. Therefore, the market value of Bitcoin trillion dollars is just the beginning. With the joint participation of enterprises, investors and the public, Bitcoin transactions and investment value will be further enlarged.
coinbase can create a "myth" valued at 100 billion US dollars, that is, as a trading platform, its business volume and revenue will definitely increase rapidly with the continuous increase of the scale and frequency of Bitcoin.
, as the world's largest Bitcoin brokerage Binance, the number of Chinese -controlled trading platforms in 2020 increased by 46%. With the Bitcoin bull market since the end of 2020, Binance's transaction volume has continued to refresh its historical records, and the 24 -hour transaction volume has surpassed A shares.
It compared with Binance and Coinbase, we can clearly see the gap between the two.
The rank and scores based on traffic -based, liquidity, transaction volume, and the confidence of the reasonable transaction volume of the reporting transaction volume. The currency arrangement is first, and its 24 -hour transaction volume is almost 8 times that of Coinbase.
. As of now, the market value of the tokens of the Binance Exchange (similar to securities companies) has become the third largest global digital currency after Bitcoin and Ethereum with a market value of more than 39 billion US dollars.
The founder Zhao Changpeng, the founder of the coin, predicted in an interview with Bloomberg in December last year that the net profit of full degree in 2020 is expected to reach US $ 1 billion (6.4 billion yuan). Data show that CICC achieved net profit from 6.828 billion yuan to 7.552 billion yuan in 2020, which means that the net profit of Binance in the past year can be competing with CICC.
Buffett once said: "Investors should consider the long -term development of the enterprise, rather than the short -term prospects of the stock market. The price will eventually depend on the future income. As in the investment process, as in a baseball game If the card is constantly rolling, you must stare at the stadium instead of scoring cards. "
Obviously, in the baseball of Bitcoin, investors need to find the leading party on the court, and Binance is obviously playing on the baseball court. Most of the main attackers.
"The value of shovel"
, like any emerging investment field, how to identify the most investment value link in this field is the key to maximizing the return on investment.
Binance, as the world's largest digital currency trading platform, has the advantage of moat with the international currency circle resources; at the same time, the Binance Smart Chain (BSC), help nodes, token holders, developers and developers and developers, developers and developers and developers The value of ecological empowerment that users can benefit can continue to attract all parties to settle in, and achieve high activity and strong stickiness; the number and quality of investment trading users in the currency circle have industry -leading advantages. With a highly anticipated profitability.
In more importantly, from currency to transactions, Binance is creating a "one -stop service" for investors. For the platform currency BNB, the co -founder of Binance clearly stated that "BNB is greater than Binance". Binance does not seek listing at present, and all values are empowering to BNB and become its established strategy.
Binan has established the positioning of international development since its establishment, so that it can not only quickly absorb investors from all over the world, but also allow them to simultaneously obtain changes in user needs in major markets in the world, so as to continue to continue to make themselves sustainable themselves Iteration upgrade.
It from the centralized trading service platform to the decentralized trading platform, from BNB to BSC, Binance's innovative awareness and self -evolution ability in the currency circle is the key to continuously overtake the opponent.
It, Binance is not only "selling shovels", but also "shovel".
The other "treasure"
Binance not only has the value of "shovel" exchanges, but also as a public chain.
Blockchains are usually divided into three categories: public chains, private chains, and alliance chains ().
The main differences between these three types of blockchain are that the public chain is open to everyone and anyone can participate; the alliance chain is open to specific organization groups; private chains are open to someone or entity.
The Ethereum is famous in the currency circle because the Ethereum smart contract is the first project to provide smart contract functions in the blockchain field. Bitcoin's network is the earliest digital currency network. Its main function is to use value transmission or payment value scale. Bitcoin itself does not have the function of smart contracts.
But after the emergence of Ether Intelligent Contracts, a large number of projects use Ether Ether Smart Contracts to issue their own tokens. A large number of projects run above the Ethereum public chain, laying Ethereum as the world's largest public at that time as the world's largest public. The foundation of the chain.
The set of complete smart contract functions such as Ethereum provides a great role in promoting the development of the entire digital currency ecosystem. This is the glory that Ether has historically created.
At present, the head of the head chain ETH (Ethereum) is the second largest digital currency of the market value second only to Bitcoin, but the development bottleneck of ETH is network congestion and GAS high, and Binance's public chain BSC is very Good solution to this problem.
ETH's technical capabilities are undoubted, but the project and users choose to vote with their feet. The faster and lower GAS fees have become new choices for users. This change has also become the Ethereum and the BSC system. At the beginning of competing, as the GAS on BSC, BNB has also become the winner of this compete. The superimposed CoinBase effect has become the third digital currency in the world's market value.
The competition between Binance BSC and ETH is similar to Alibaba and Yisu many years ago. For users, whether it is investment or other trading behaviors, choosing a platform that can provide better experience and lower use costs is the starting point of its decision -making. The Binance BSC has given full play to the "shortness" of ETH in terms of speed, cost, etc., and finally won the hearts of a large number of users.
This is another "treasure" of Binance, which also makes it equivalent to the sum of the value of the amplified version of Coinbase ETH.
In conclusion
In the future development of the currency circle, how to define the investment value of a digital currency trading platform? The first is the technical capabilities of Binance. With authoritatively certified memory matching technology, the processing speed is as high as 1.4 million single/s, which is much higher than the industry average. This is an indispensable technology for the currency circle of the transaction response speed. Service infrastructure.
Thenan, as a trading platform, adopts strict selection standards, and only choose projects with good credit, large user base, and strong liquidity. The probability of the project was selected by the Binance is 3%, which is lower than the admission rate of Harvard University. On this basis, Binance supports about 120 cryptocurrencies and 240 transaction portfolios. In terms of transaction quality and transaction openness, Binance has the integration capabilities that other platforms cannot reach.
In the era when global currency continued to be over issuance, countless investors hope to find new investment depressions to ensure the preservation and appreciation of their own funds and assets.
The continuous rise of Bitcoin proves that more and more mainstream institutions are allocating crypto assets such as Bitcoin. People enter the encrypted asset world through Bitcoin, and eventually explore other assets in the field of encrypted assets, such as only only only only The second only to Bitcoin Binancoin. As a transaction shovel or even further alchemy, it also stood at the investment center point of the currency circle.