Bitcoin

Binance Reports 2,000% Employee Growth in Less Than 3 Years

The main exchange of cryptocurrency, Binance now employs more than 1,000 people and is growing enormously of the company since its inception in 2017.

“When Binance started in 2017, there were fewer than 50 people there”Binance co-founder Yi Er told Cointelegraph on April 23. “We have more than 1,000 employees today (Currently at 1,002 and it is counting; we welcome new employees almost every day). “

Binance started less than three years ago

Binance conducted its ICO in July 2017 and raised $ 15 million in capital. The stock exchange was opened a month later. “Although our team was not very big at that time, we were already an international and decentralized team that worked remotely with the management team,” said Yi He.

Binance Reports 2,000% Employee Growth in Less Than 3 Years
Binance Reports 2,000% Employee Growth in Less Than 3 Years

The exchange quickly became one of the trading options of the crypto market with a volume of $ 1.5 billion in June of the following year.

The exchange is looking for new workers with increasing unemployment

In the past few weeks, measures to prevent corona viruses and market slumps have created a host of layoffs and difficulties for companies.

“Many talented people have lost their jobs due to the current climate, and a number of companies have laid off their employees,” he said, adding

“We believe that this is the best time to recruit outstanding talent. This quarter we will continue to hire new employees and encourage people to show up at Binance.”

Regarding the long-term goals, he said that the company’s mission statement had not changed.. If you look at crypto as a way to unlock the locked-in potential of money, Binance wants to improve financial accessibility while improving the usability of cryptocurrencies.

In 2020 alone, Binance launched a number of new products such as options trading, thereby further expanding its product line.

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