Binance

OverviewSuggest Edit

Binance is a blockchain and cryptocurrency infrastructure provider. Its portfolio of crypto products and offerings includes trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, etc.

TypePrivate
Founded2017
HQGeorge Town, KY
Websitebinance.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Feb 2022)4,425(+8%)
Job Openings892
Revenue (Y, 2020)$800 M(+41%)
Cybersecurity ratingCMore
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Key People/Management at Binance

Changpeng Zhao

Changpeng Zhao

CEO
He Yi

He Yi

Co-Founder and CMO
Ling Zhang

Ling Zhang

Vice President of Mergers & Acquisition
Colin Goltra

Colin Goltra

Director, Southeast Asia
David Perez

David Perez

Chief Operating Officer
Richard Teng

Richard Teng

CEO, Binance Singapore
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Binance Office Locations

Binance has offices in George Town, Vienna, São Paulo, Sofia and in 36 other locations
George Town, KY (HQ)
23 Lime Tree Bay Ave
Helsinki, FI
Helsinki
London, GB
3 Beeston Pl, Westminster
Caracas, VE
Caracas
Show all (40)

Binance Financials and Metrics

Summary Metrics

Founding Date

2017

Binance total Funding

$25 m

Binance latest funding size

$15 m

Time since last funding

4 years ago

Cryptocurrency

Binance Coin (BNB)

Binance investors

Binance's latest funding round in November 2018 was reported to be $15 m. In total, Binance has raised $25 m
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Binance Revenue

Binance's revenue was reported to be $800 m in Y, 2020 which is a 40.4% increase from the previous period.
USD

Revenue (Y, 2020)

800.0m

Revenue growth (Y, 2019 - Y, 2020), %

40.4%
Annual
USDY, 2019EY, 2020E

Revenue

570.0m800.0m

Revenue growth, %

40%
Quarterly
USDQ3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019

Net Income

7.5m201.3m149.6m166.1m81.0m49.6m78.0m
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Binance Operating Metrics

Binance's Users was reported to be 10 m in Jun, 2018. Binance's Daily Active Users was reported to be 3 m in Jan, 2018.
Sep, 2017Dec, 2017Jan, 2018Mar, 2018Jun, 2018Aug, 2021

Users

450 k3 m5.8 m7.9 m10 m

Average Daily Trading Volume

2 b

Daily Active Users

3 m

Transactions per Second

1.4 m

Binance Acquisitions / Subsidiaries

Company NameDateDeal Size
Swipe.ioJune 30, 2020
CoinMarketCapApril 01, 2020$400 m
BxBMarch 31, 2020
DappReviewDecember 03, 2019
WazirXNovember 21, 2019
JEXSeptember 03, 2019
Trust WalletJuly 30, 2018

Binance Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Binance Online and Social Media Presence

Embed Graph

Binance News and Updates

Former Binance executives launch $100M crypto fund

A group of former executives from Binance, one of the largest cryptocurrency exchanges globally, has created a $100 million venture fund, the team told TechCrunch on Thursday. Old Fashion Research (OFR) – whose name is derived from the classic cocktail – was founded in late 2021 by managing partners…

Binance to Enhance KYC and Sanctions Screening Program with Kharon, Neterium Partnership

NEW YORK and LOS ANGELES, May 25, 2022 /PRNewswire/ -- Kharon, a data and analytics company providing organizations with intelligence at the intersection of global security and commerce, today announced a partnership with Binance, the world's leading blockchain ecosystem and...

Binance to Advise on Crypto Strategy as Kazakhstsan Looks to Boost Industry

The bitcoin mining hub is trying to attract more crypto firms and expand beyond bitcoin mining.

Binance.US Hires Ex-Uber Compliance Lead Krishna Juvvadi as Head of Legal

Binance.US has hired Krishna Juvvadi, former global head of operations compliance at Uber, as its new head of legal.

Binance Seeking 'Ideal Point' For India Launch

Hiring moves, active consultations, monitoring of regulatory environment indicate an eminent launch of Binance in India

Binance chief tweets he’s ‘poor again’ after sharing Luna losses

Luna creator and Terraform Labs CEO Do Kwon often called people critical of his cryptocurrencies “poor” on Twitter.
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Binance Frequently Asked Questions

  • When was Binance founded?

    Binance was founded in 2017.

  • Who are Binance key executives?

    Binance's key executives are Changpeng Zhao, He Yi and Ling Zhang.

  • How many employees does Binance have?

    Binance has 4,425 employees.

  • What is Binance revenue?

    Latest Binance annual revenue is $800 m.

  • What is Binance revenue per employee?

    Latest Binance revenue per employee is $180.8 k.

  • Who are Binance competitors?

    Competitors of Binance include RadioShack, Coinbase and Kraken.

  • Where is Binance headquarters?

    Binance headquarters is located at 23 Lime Tree Bay Ave, George Town.

  • Where are Binance offices?

    Binance has offices in George Town, Vienna, São Paulo, Sofia and in 36 other locations.

  • How many offices does Binance have?

    Binance has 40 offices.