Zhao Changpeng, referred to as cz
He is the founder of Binance Exchange. He and his wife He Yi are the richest people in the currency circle. At the peak of the bull market in 2021, their net worth exceeded that of all Chinese and they were called the richest Chinese. Now that Bitcoin has fallen, their net worth has also dropped. It is no longer so dazzling. If there is another bull market and Bitcoin reaches one million, he will not be the richest man on earth. From this point of view, Bitcoin is simply the most promising track in the global village, bar none!
Binance Exchange has only done a few things to become the number one exchange on earth. It gathers the largest number of players in the currency circle and allows players to buy and sell crypto assets.
Zhao Changpeng's life experience is very ordinary.
His ancestral home is Guiyang, Guizhou, and he was born in Lianyungang, Jiangsu in 1977.
His father is a university professor. Zhao Changpeng immigrated to Vancouver, Canada with his parents in the late 1980s.
As a new immigrant, Zhao Changpeng's father found a doctoral program studying geophysics. His mother was engaged in sewing and her family was not well off.
Zhao Changpeng also worked at McDonald's and gas stations.
After graduating from college, Zhao Changpeng interned at the Tokyo Securities Exchange in Japan, and then moved to the United States to develop futures trading software at a company owned by Bloomberg.
In 2005, Zhao Changpeng moved to Shanghai and founded a company called Fu Xun Information Technology Co., Ltd., which specialized in developing high-frequency trading systems for securities companies.
So far, Zhao Changpeng's life is still the trajectory of an ordinary entrepreneur.
In 2009, the cryptocurrency Bitcoin was born.
Four years later, Li Qiyuan, a friend who often played poker with Zhao Changpeng, founded China's first Bitcoin exchange "Bitcoin China".
In 2013, in order to understand Bitcoin, Changpeng Zhao joined the cryptocurrency exchange OKCoin and served as the chief technology officer.
(The one on the right is Zhao Changpeng, and the one in the middle is his wife He Yi, whom they met on the exchange)
At this top Bitcoin exchange, Changpeng Zhao saw the entire industry. This experience also laid the foundation for his later founding of Binance.
In 2014, Changpeng Zhao sold his house in Shanghai, ALL in Bitcoin.
In 2017, Changpeng Zhao left OKCoin to establish Binance in Shanghai and served as CEO.
Since then, in less than eight months, Binance has grown into the largest cryptocurrency exchange in the world.
Currently, Binance has 120 million users, provides a trading platform for more than 100 cryptocurrencies, and has a 24-hour trading volume of US$38 billion.
In February 2018, Forbes Magazine listed Changpeng Zhao as the “richest man in cryptocurrency.”