Binance registers more than 1,000 employees
Binance, one of the world's largest cryptocurrency exchanges, has more than 1,000 employees working at the company.
They don't stop growing!
Binance, one of the world's largest cryptocurrency exchanges, has more than 1,000 employees working at the company. During July 2017, Binance launched an Initial Coin Offering (ICO) for Binance that raised $ 15 million, allowing for the development of the exchange powered by its own ERC20 token, BNB, based on the Ethereum blockchain. A month after his ICO launched, Binance opened its services to the public. Binance co-founder Yi He said, "Although our team during this time was not very large, we were already an international and decentralized team, collaborating remotely with the executive team."
At the beginning, Binance had a work team that did not exceed 50 people and currently they already have more than 1,000 employees. This is how Yi He says: "When Binance started in 2017, there were less than 50 people (...) We have more than 1,000 employees today (currently 1,002 and counting; we are welcoming new employees almost every day ) ". This great growth in employees hired by the company is based on the great growth in the volume of negotiations that Binance has reached since its inception. Just one year after its launch, Binance reported a monthly trading volume of $ 1.5 billion and they have currently reached a daily trading volume of $ 1.9 million.
The rapid expansion of the COVID-19 pandemic has forced world governments to take preventative measures that led to a major drop in world markets and an increase in global unemployment that was not registered more than 80 years ago. In this context, Yi He explains: "Many talented people have lost their jobs due to the current climate with a number of companies laying off their employees. We believe this is the best time to recruit outstanding talent. This quarter, we will continue to recruit new employees and encouraging people to show up at Binance."