Is Binance Striving to Become the Facebook of Crypto?

It has not gone unnoticed that the world’s largest crypto exchange keeps growing. Gone are the days when Binance was just simply a place for digital asset trading. Within two years it has become the ‘one stop shop’ for all things crypto, and it has no plans to stop there.

There are a number of similarities between Facebook and Binance and a recent Forbes piece citing the Coin Talk podcast has delved deeper into the men at the helms. Just like Binance, Facebook was considered a niche product when it was launched as it was only aimed at US students. Myspace dominated the social media scene before Facebook arrived and consumed the competition.

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