Binance's CZ Shares Life-Hack How to Build World's Largest Crypto Exchange

• The secret of building the world's largest exchange from CZ
• BNB soars 10,000x since launch Changpeng Zhao, widely known in the crypto community as CZ, has shared some reminiscences with the army of his followers on the X social media. The photo he published showed one day from the life of the Binance team before the exchange was launched.

This took place as Binance celebrates the 8th anniversary of its foundation which occurred in 2017.

The secret of building the world's largest exchange from CZ

CZ shared a throw back to 2017, one of the days when Binance was being launched. On that day, he tweeted, he had the dinner for the whole team delivered to the office. The “secret” and the foolproof method which Binance shared is simple – working hard: “The Binance team worked day and night.” In the photo, people are eating Asian food with chopsticks from carton boxes, sitting in a conference room of an office with a big screen on a wall.

This is the only way to build a successful company, he believes: “This was how the world's largest crypto exchange was made.”

BNB soars 10,000x since launch

In a tweet published on Monday, CZ also highlighted an astounding growth of Binance Coin (BNB) since its launch back in 2017. During the Binance ICO, the coin traded at $0.06, while by Monday it had spiked to $698 per coin and then also surpNow, that is just a small fraction, less than 1%. assed $700 on the same day.

At the time of this writing, BNB is changing hands at $680. Along with the rest of altcoins, BNB has been following Bitcoin’s trajectory recently as BTC scored several new all-time highs in the past week. The most recent one was reached on Monday as the largest cryptocurrency soared above the $123,000 price level and then retraced, now trading slightly above the $117,000 level.

CZ commented on the new Bitcoin historic peak, stating that in the future the current price will be just a fraction of new all-time highs. He recalled the time when in 2017 Bitcoin first soared to an all-time high of $1,000 (after CZ bought it in 2014). That price surge caused a lot of joy and excitement, CZ recalls. However, “now, that is just a small fraction, less than 1%,” he said.