Best of The Bad Crypto Podcast: Changpeng Zhao (CZ) CEO of Binance

From the archives, another Best of The Bad Crypto Podcast with CZ, CEO of Binance crypto exchange while Joel and Travis are on a break from broadcasting. Does CZ like us, even if we are following each other on Twitter? Find out what it's like to launch a successful crypto exchange in the midst of changing crypto regulations and what considerations were given for user experience and security. 

Founded in 2017, Binance is now the world’s biggest crypto exchange based on trading volume. Changpeng Zhao, known as CZ in the crypto world, is the CEO responsible for this virtually overnight success.

Today we’re pleased to welcome CZ to the show for a discussion that covers the gamut. From humble beginnings to crypto world domination, we’ve got it all. And now, you are gonna get it. In fact, after this interview you’ll be saying “Thank you, sirs. May I have another?”

It’s the “we launched Bad Crypto at the same time you launched Binance, so how come we aren’t billionaires” episode #250 of The Bad Crypto Podcast.

FULL SHOW NOTES: http://badco.in/250

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TIME STAMPS

00:00 - Intro 

09:30 - Feature Guest: CZ at Binance

09:52 - What is the process now for getting a coin listed on Binance? 

11:50 - We heard you hate ICOs. Do you not like putting ICOs on there? 

12:50 - CZ’s background. When you were evaluating the exchange space in 2016-2017, what made you say this was missing from the market and this is where you were going to focus your efforts? 

15:40 - Do you trade in about 180 different countries? How do you manage the regulations in those different countries? 

17:03 - We are all about teaching regular people about crypto because we want to see mass adoption of this revolutionary technology that is going to change the world. What do you think is going to be the watershed moment for crypto? 

18:55 - CZ’s Twitter usage

20:58 - The future of Binance

22:38 - What do you think created the mass adoption of Binance? 

23:36 - One of the most secure crypto exchanges 

24:25 - One of the features I really like is the sweep of small balances, trace amounts of coins and being able to convert them to BNB. Explanation of the use of the native BNB coin.

26:27 - What is your vision for the growth of Binance and its impact on crypto adoption in the next 20 years? 

28:34 - What about a Binance app or mobile interface? 

29:00 - What about the Binance Decentralized Exchange? How does it work with the centralized exchange? 

32:25 - The BitTorrent token sale was a huge success on Binance’s launchpad. You Tweeted there were issues on the ICO for the BitTorrent token. Do you really think it would have sold out in under a minute?

35:00 - Binance did an ICO. 

35:50 - Speak to the future of crypto; where do you think the world is going and how is blockchain going to change everything? 

38:00 - Closing remarks

DISCLAIMER:

Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us.

We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations. Support the show: https://badcryptopodcast.com See omnystudio.com/listener for privacy information.