In 2023, Binance will continue to scale up — plans call for expanding the workforce by 15–30% after growing from 3,000 to 8,000 employees last year. This was stated by the exchange’s CEO, Changpeng Zhao, The Block reports.
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Plans for the current year also include:
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- improving technology;
- increasing the efficiency of the trading platform;
- investing in customer support.
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“We have one business. It’s fairly large, profitable, but it won’t last forever. […] We don’t want to become Kodak. We want to destroy ourselves, not the people who are destroying us,” he said.
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Earlier, Zhao predicted that in 10–15 years DEX will emerge that will outscale Binance.
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The exchange has become one of the main beneficiaries of the crisis that erupted in 2022. In the wake of the collapse of Sam Bankman-Fried’s business empire, Binance has significantly strengthened its position.
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In 2022, the cryptocurrency exchange’s user base surpassed 120 million users.
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