By George Ward
The cryptocurrency revolution has taken the world by storm, and the exchanges facilitating trading are at its heart. Binance is no exception, and under the leadership of Changpeng Zhao, the exchange has seen tremendous growth.
Binance, one of the world’s leading cryptocurrency exchanges, is looking to expand its team in 2023. This step is an attempt to keep up with the rapid growth of the cryptocurrency market.
At a recent meeting in St. Moritz, Switzerland, Binance CEO Changpeng Zhao outlined the crypto firm’s ambitious plans to expand its headcount by up to 30% in the coming year. The exchange expanded from 3,000 to 8,000 employees last year.
Zhao expressed confidence that the team can keep growing and meet the needs of the crypto industry. “We will aim to keep a 15-30% growth rate in headcount for 2023,” Zhao said.
Binance is undoubtedly no stranger to growth. In the past four years, the exchange has seen its user base explode from 2 million to 15 million.
Hiring Suitable Talents
Furthermore, the exchange’s daily trading volume has grown from $1 million to over $50 million. As the crypto industry continues its rapid expansion, Binance intends to grow its team to ensure it can keep up with user demand.
Zhao commented on the importance of hiring the right people to meet the challenges of the ever-growing crypto market. “When we bring new people on board, we try to look for talented, ambitious people and stay focused on helping the industry grow,” Zhao said.
With Binance’s ambitious plans to expand headcount, the exchange is looking to attract and retain the best talent in the industry.
Furthermore, the CEO has made it clear that he has ambitious plans for the company. This plan includes enhancing technology and making the vast cryptocurrency exchange operator more reliable.
In addition to enhancing technology and making the platform more reliable, Binance is also injecting heavily into customer support. After all, customer satisfaction is key to the success of any business, including Binance.
By investing in customer support, Binance can ensure its customers get the best possible experience when dealing with the platform. Speaking on the matter, Binance CEO Changpeng Zhao said, “We have a sizeable, successful venture that won’t be around forever. We don’t want to become like Kodak, who were disrupted by external forces.”
Then, he added, “We want to innovate and stay ahead of the game by proactively disrupting ourselves.” Changpeng Zhao’s comments reflect the company’s commitment to staying ahead and ensuring they are not left behind in the ever-changing crypto landscape.
The CEO predicted that in about 15 years, there would be a more extensive decentralized exchange than Binance. Binance is looking to the future and planning accordingly.
The company’s plans for subsequent years are ambitious. They will no doubt help them to remain a leader in the cryptocurrency space.
With suitable investments in technology and customer support, Binance will remain a significant player in the future crypto ecosystem.