In recent years, few figures in the cryptocurrency sector have commanded as much attention as Changpeng Zhao, widely known as CZ, and the entity he established in 2017, Binance. Binance, not merely a crypto exchange but a giant in the industry, has consistently outstripped its competitors by significant margins.

The exchange once held an impressive 60% share of the crypto spot trading market, although recent pressure from U.S. regulators has nudged this figure down to approximately 40%. Even so, no other exchange comes close to challenging Binance’s dominance, with the Seychelles-based OKX following…

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