Changpeng Zhao (CZ), CEO of Binance, the world’s largest cryptocurrency exchange, announced that almost all of the exchange’s revenues come from transaction fees.
In a recent interview with CEO CZ, Binance’s revenues 90% of transaction fees if they need to indicate that they have created other sources of income underlined that they could In addition, the CEO said that the FTX bankruptcy has affected the cryptocurrency market and possible effects on behavior patterns. talked about.
The CEO says that for now, the exchange generates 90% of its revenues from transaction fees, and that transaction fees are Varies according to Bitcoin (BTC) price told. In the past, the platform hosted ads and if they open ads again, annually 40 million Stating that they can earn close to $ in advertising revenue, CZ said they do not need this for now, but in the future. can be done if necessary expressed.
Binance’s native token BNB with of FTT BNB’s statements about comparison have 100% payoff He replied by saying that it is regularly audited by independent auditors.
On the other hand, contrary to the general belief in the ecosystem, CZ is the people of FTX bankruptcy. decentralized finance (DeFi) to the thought of pushing did not attend expressed. Investors who do not currently invest in cryptocurrencies technical error in many issues hence DeFi tools intervention cannot be to be due to will suffer losses stated.