Measuring the Binance bump (and dump)

InstitutionalOctober 18, 2018, 10:54AM EDT
UPDATED: March 24, 2022, 4:38PM EDT
Measuring the Binance bump (and dump)
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In a little over a year, Binance grew from an unknown startup to the largest cryptocurrency exchange in the world. The exchange has 10 million registered users and is on track to generate between $500M-$1B in profit in 2018.

While a listing on Coinbase comes with the prestige and support of a well-regulated exchange, Binance is the proverbial golden goose for the majority of crypto projects. With its $1B+ in trading volume, global reach, and relatively lax listing requirements, Binance is the exchange of choice for projects that want to get their cryptoassets listed for trading.

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