Binance Overview
The U.K.’s Financial Conduct Authority recently moved to block Binance, the world’s top crypto exchange, from operating in the country. While Binance can continue offering crypto trading services to Brits, it was ordered to notify users that it is not authorized to operate in the U.K.
Binance Origin and Expansion
Originally founded in China, Binance reportedly pulled its employees and any official presence out of the Chinese market in 2017 after China banned ICOs. But Binance has launched quickly around the world in many countries. Regulators in many of those countries have said Binance is operating without permission.
Changpeng Zhao: Founder of Binance
A cryptocurrency CEO has become one of the richest people on Earth, CNN reported. Changpeng "CZ" Zhao, who runs the crypto exchange Binance, has joined the ranks of the world’s top billionaires, with an estimated net worth of at least $96.5 billion, according to new calculations from the Bloomberg Billionaires Index.
Cryptocurrency Investment Guide for 2021
- Bitcoin (BTC)
- Ethereum (ETH)
- Solana (SOL)
- Avalanche (AVAX)
- Yearn.finance (YFI)
- Polygon (MATIC)
- Dogecoin (DOGE)
Cryptocurrency Recommendations
Top cryptocurrencies to invest in now: Bitcoin (BTC)
Altcoin Insights
- Ethereum (ETH): The first Bitcoin alternative on our list, Ethereum (ETH), is a decentralized software platform that enables smart contracts and decentralized applications (dApps) to be built and run without any downtime, fraud, control, or interference from a third party.
Future Trends in Altcoins
Monero seems to have a great community behind it, and its focus on decentralization and privacy may push it to become the next cryptocurrency to explode in 2022.
Cheapest Cryptocurrency
Dogecoin: $0.2223 DOGE, the coin that has risen to prominence earlier this year, thanks to Elon Musk, is the cheapest cryptocurrency to purchase in 2021.