Changpeng Zhao Preparing for Increased Trading Volumes
Good day everybody,
Welcome to CryptoGod-1’s blog on all things crypto. Binance CEO Changpeng Zhao recently did a Twitter Spaces session where he discussed his views and thought on an impending bull market, and potential increases in trading volumes over the coming months.
Twitter Spaces
The CEO of the world largest cryptocurrency exchange, Changpeng Zhao (CZ), was speaking in a ask me anything (AMA) on Twitter Spaces on the morning of Wednesday the 5th of July 2023. During the session, he noted how the exchange is doing “a lot of preparation” to ensure they are prepared for the anticipated increased trading volumes over the coming months. The Binance boos noted:
“If we look at historical patterns, we want to be prepared for higher volumes.”
He added that the exchange is readying its systems for heightened activity over the next six to 18 months as it has already began to see higher trading volumes compared to the period since November last year. That was of course the moment that rival exchange FTX collapsed and crashed the market, causing widespread fear and panic among many investors. The market the bottom of the bear market in 2022 for Bitcoin, with the digital gold having seen…
