At first, I thought it is CZ that owns the exchange Binance. Not until this sudden news of him dropping his position as the CEO.
So what is now the exact future of Binance exchange?
Will this new CEO continue from what CZ started or the new CEO will make his own ways to improve the exchange?
I am totally confused and I am not using the exchange again for now because I don’t normally like trusting them with my privacy because most exchanges promise to give us extra security when it comes privacy but they mostly go against their words which is why they lose their trust.
It is indeed difficult to find the safest and most convenient exchange, but what else can we do if we need to deposit money into the exchange if we want to buy coins, for example BTC or want to trade.
Regarding the investor response, it has faded slightly due to Binance CEO Changpeng Zhao (CZ) stumbling over the case. But the Binance stock exchange is still active and carrying out activities as usual under the leadership of the new CEO.