Changpeng Zhao noted that his critics are doing a kind of job to spread FUDs about the Binance exchange.
Binance is a popular crypto platform, which is standing at the first rank in the crypto sector in terms of 24 hours global crypto trade volume on its platform. The exchange always tries to remain transparent with the customers, so that customers can use the Binance services with full confidence. Despite better transparency of its operations, critics never miss a chance to criticise him.
On 18 Dec, A popular crypto influencer “Crypto King” tweeted and asked whether the Binance FUD was completely gone or not.
“Is the #Binance FUD completely gone?”
Changpeng Zhao (CZ), CEO of Binance exchange, responded and said that FUD will not be over anytime soon because critics spread fud not on weekends, instead it’s their job.
Binance & FUDs
Binance exchange was launched in 2017 and now in 5 years, Binance is standing uniquely at the first rank in this innovative sector. All other second-ranked crypto exchanges are still far from Binance exchange in terms of 24 hours trade volume.
Changpeng Zhao (CZ) is a Chinese-Canadian and he is fully under the citizenship of Canada he also launched Binance as a non-Chinese crypto exchange but critics target Binance & CZ as a Chinese entity.
After the downfall of the FTX exchange, Binance showed its full user’s reserved funds to ensure that Exchange holds the user’s funds perfectly & Binance will never face any situation like FTX. But still, Binance haters were spreading misinformation about Binance exchange and claiming that Binance may suspend withdrawal.