BTC logo
BTC
$110,488.41
0.44%
ETH logo
ETH
$4,006.46
0.46%
USDT logo
USDT
$1.0006
0.01%
BNB logo
BNB
$1,173.57
0.43%
XRP logo
XRP
$2.4132
1.01%
SOL logo
SOL
$193.34
1.55%
USDC logo
USDC
$1.0000
0.02%
TRX logo
TRX
$0.3221
3.14%
DOGE logo
DOGE
$0.1953
1.71%
ADA logo
ADA
$0.6692
0.42%
HYPE logo
HYPE
$38.34
6.04%
LINK logo
LINK
$18.12
0.20%
USDE logo
USDE
$1.0000
0.03%
XLM logo
XLM
$0.3255
0.51%
BCH logo
BCH
$520.02
0.55%
SUI logo
SUI
$2.6615
5.89%
AVAX logo
AVAX
$21.83
0.41%
WBT logo
WBT
$41.93
1.34%
LEO logo
LEO
$9.6332
0.01%
HBAR logo
HBAR
$0.1800
0.67%
BTC logo
BTC
$110,488.41
0.44%
ETH logo
ETH
$4,006.46
0.46%
USDT logo
USDT
$1.0006
0.01%
BNB logo
BNB
$1,173.57
0.43%
XRP logo
XRP
$2.4132
1.01%
SOL logo
SOL
$193.34
1.55%
USDC logo
USDC
$1.0000
0.02%
TRX logo
TRX
$0.3221
3.14%
DOGE logo
DOGE
$0.1953
1.71%
ADA logo
ADA
$0.6692
0.42%
HYPE logo
HYPE
$38.34
6.04%
LINK logo
LINK
$18.12
0.20%
USDE logo
USDE
$1.0000
0.03%
XLM logo
XLM
$0.3255
0.51%
BCH logo
BCH
$520.02
0.55%
SUI logo
SUI
$2.6615
5.89%
AVAX logo
AVAX
$21.83
0.41%
WBT logo
WBT
$41.93
1.34%
LEO logo
LEO
$9.6332
0.01%
HBAR logo
HBAR
$0.1800
0.67%
Finance
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'They Have the Users': Binance CEO Explains Why He Bought CoinMarketCap

"Even though their money generation mechanism is not as strong as Binance, they do have the users," CEO CZ tells CoinDesk. "It's a very valuable platform."

By William Foxley
Updated May 9, 2023, 3:07 a.m. Published Apr 2, 2020, 1:00 p.m.
DOUBLING DOWN: Binance CEO Changpeng “CZ” Zhao is pinning his hopes on a mass audience of individual investors. (Credit: CoinDesk archives)
DOUBLING DOWN: Binance CEO Changpeng “CZ” Zhao is pinning his hopes on a mass audience of individual investors. (Credit: CoinDesk archives)