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Binance is the biggest exchange by a huge margin. It dwarfs coinbase and FTX. They are also huge investors in crypto and any winding up will have an impact on
by searchableguy 4y ago
Binance is the biggest exchange by a huge margin. It dwarfs coinbase and FTX.
They are also huge investors in crypto and any winding up will have an impact on a significant number of companies.
They control a significant portion of stablecoin, defi, and chain market too.
Their impact would be felt outside the crypto space if they ever go down.
- rhaway84773 4y agoAll the more reason for them to go down sooner rather than later because they’re eventually gonna go down, so better now where they will have less impact outside the crypto world than they would a few months or years later.