Binance CEO sold house to buy Bitcoin and now he is happy

31

The chief executive officer of Binance crypto exchange shared his past Bitcoin buy journey. 

Binance is a popular crypto exchange. Due to high quality & secured crypto services, exchange is standing at the first rank in the whole crypto industry. Changpeng Zhao is the founder and chief executive officer of Binance exchange. He is one of the top 10 richest persons in the world, thanks to his crypto trading platform business. 

On 17 July, a Twitter user tweeted that he can’t believe that he took a loan from his 401(K) saving account to purchase Bitcoin. 

“I still Can’t believe a few years back I took out a loan from my 401k to buy bitcoin.”

Binance CEO Zhao responded to this tweet and said that he also still doesn’t believe that he sold his house to buy Bitcoin at $600.

Through the tweet, Binance’s CEO tried to explain to the Bitcoin buyers that Bitcoin always keeps growing in long term but it may face huge volatility in the mid-term. 

Changpeng wants ban on Twitter’s API bot comments 

Today, Binance CEO  shared his wish if Twitter can remove the feature of Twitter API based bot comments. He believes that such steps may easily reduce spam on the Twitter platform.

This is not the first time when Binance’s CEO talked about the spam comments on Twitter. Earlier this many times he raised his voice against spammers and to remain away from spammers he usually keeps his comment off for his followers. 

In the past few months, when Tesla CEO Elon Musk was planning to buy Twitter then Binance CEO raised his hand to help Elon to acquire the Twitter platform because Elon was also against spammers. 

Read also: Andorra seeks to adopt crypto & blockchain with new Act