🧐 The year FTX collapsed, I began to redefine my trust in centralized exchanges, and #Binance's journey to today is not just luck——
Seeing Binance celebrate its eighth anniversary brings a wave of memories;
I want to write something, but I don't know where to start, so I'll just let my thoughts flow, because these eight years of Binance also mark my eight years in the industry!
I entered the space in 2017, the year Binance was founded——
The intersection of these two timelines allowed me to witness its entire journey from the margins to the center.
In the past few years, Web3 has gone through countless narratives, some have disappeared, some have exploded in popularity, but Binance is one of the few that has been able to settle down and become the "infrastructure" of the industry.
In the beginning, I saw CZ on stage at several blockchain summits introducing Binance and cryptocurrency trading. At that time, the positioning of cryptocurrency trading was not accepted by the mainstream, and exchanges like Jubi and Yunbi were still in the spotlight.
I was full of questions, wondering if such an inconvenient exchange could really have a future and prospects?
No one expected that the next moment, when the storm hit in '94, the first exchange to emerge was one that no one had high hopes for.
So I have always believed that real entrepreneurial opportunities often lie in places that "everyone looks down upon," just like our investments!
In the days that followed, the winds rose and clouds surged; we experienced the rise of DeFi, the events of March 12, and the era of GameFi and NFTs. The industry was developing rapidly, while Binance was steadily moving towards a more comprehensive WEB3 platform!
Of course, Binance has risen, just like when we see someone grow stronger, we only see the glamorous side. Nowadays, many people only see Binance's 280 million users and over 90 billion in daily trading volume, but they don't see CZ selling his house to go all in on BTC, nor do they see the pressures and temptations that CZ @cz_binance and sister @heyibinance faced together.
The hardships are beyond words!
In these eight years, the landscape of exchanges has changed countless times, but one rule has remained unchanged: it's not about who is the most innovative that survives the longest, but who is the most stable.
I always remember CZ's entrepreneurial principle: do the right thing!
This is also why I am willing to believe in Binance!
Binance has evolved from a cryptocurrency trading platform to compliance, risk control, education, payment, Launchpool, wallets, and even becoming a gateway-level presence in Web3, largely due to CZ's style of operation.
Of course, it has not been without problems; along the way, there have been regulatory pulls, user losses, and product controversies, but being able to survive in change and continuously optimize the system is indeed quite rare.
Eight years later, Binance has become the largest cryptocurrency exchange in the world, with over 280 million users and a 41% share of the spot market.
For this industry, this is indeed a legendary milestone worth remembering.
Looking forward to the next eight years.
And I hope we all can walk together to that time.
Love you all, love WEB3, love freedom and dreams!
BinanceTurns8 #Binance
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