Share this article
Binance Expects to Earn From $800M to $1B This Year, CEO Says: Report
Cryptocurrency exchange Binance will likely earn between $800 million and $1 billion this year. That's up from about $570 million in 2019.
Updated Apr 10, 2024, 2:46 a.m. Published Dec 4, 2020, 5:46 p.m.
Cryptocurrency exchange Binance will likely earn between $800 million and $1 billion this year, as market uncertainty drives interest – and trading – in cryptos, CEO Changpeng Zhao told Bloomberg.
That’s up from about $570 million in 2019, according to the report.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
So far this year, the price of bitcoin, by far the largest cryptocurrency by market cap, has risen over 170% since the year started, and earlier this week set a new all-time high before giving back some gains. Exchange volumes have exploded as well.
Launched in 2017, Binance is one of the world’s largest crypto exchanges by trading volume.
Higit pang Para sa Iyo
This article is created to test tags being added to image overlays
Dek: This article is created to test tags being added to image overlays
Ano ang dapat malaman:
- Ethena's USDe becomes fifth stablecoin to surpass $10 billion market cap in just 609 days, while Tether's dominance continues to slip.
Top Stories
