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Tag: CZ Binance

5 Failing Crypto Narratives of Late According to CZ Binance

Changpeng Zhao – CEO of the world’s largest crypto exchange, Binance – rejected some of the latest assumptions regarding himself and his company’s...

Are Crypto Exchanges Faking Proof Of Reserves? CZ Warns Investors

In the light of FTX crash, Binance CEO CZs initiative to disclose proof of reserves has forced other market players to do the same....

Breaking: WazirX CEO Asks CZ To Reveal Binance Parent Entity

The war of words between Changpeng Zhao, Binance CEO and Nischal Shetty, WazirX CEO reached new heights on Saturday. Both crypto exchanges’ chiefs are...

Changpeng Zhao Proclaims Himself to be a ‘Crypto Sales Guy’

Changpeng Zhao Binance

Changpeng Zhao (CZ), the founder and CEO of the world’s largest cryptocurrency exchange Binance, just called himself simply to be one of those crypto sales guys despite being the wealthiest crypto entrepreneur in the world, with a net worth of nearly $100 billion. I Get People to Buy Crypto in a Subtle Way: Changpeng Zhao In a latest tweet posted today, Binance CEO, Changpeng Zhao randomly stated that he is ‘one of those crypto sales guys.’ However, he clarified that he doesn’t just sell cryptocurrencies but gets people to buy them in a subtle way. I don't sell crypto. I just get more people to buy, in a subtle way. — CZ 🔶 Binance (@cz_binance) March 5, 2022 Perhaps his salesmanship skill is on point considering that Binance generated at least $20 billion of revenue last year, according to a Bloomberg analysis of its trading volume and fees in January. At the time, Binance disputed the accuracy of Bloomberg’s estimates of the firm’s market value to say ‘Crypto is still in its growth stage.’ In 2017, Zhao launched Binance which managed to raise nearly fifteen million dollars in an initial coin offering (ICO) that very year. In less than eight months, Zhao grew Binance to be the largest cryptocurrency exchange in the world by trading volume. One of the World’s Richest Billionaires As of January 2022, Bloomberg Billionaires Index estimated Zhao’s net worth somewhere near $100 billion making him to be one of the richest persons in Canada and the world’s 11th richest person. As a result, this brings him into a league of tech billionaires including Jeff Bezos, Elon Musk, and Mark Zukerberg among others. However, Zhao’s fortune could be significantly larger, as the wealth estimate doesn’t take into account his personal crypto holdings, which include Bitcoin and his firm’s own token BNB which surged roughly 1,300 per cent last year.

The post Changpeng Zhao Proclaims Himself to be a ‘Crypto Sales Guy’ appeared first on Cryptoknowmics-Crypto News and Media Platform.

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