nooberman

Yes, you read that right.
Why Binance? Why did this platform decide to call itself that?
Interestingly, even though Binance has been around for almost 9 years, I only recently learned that the name comes from a combination of the words Binary and Finance.
I entered the crypto world about 3 years ago. Since then, I had this intuition: Binance is simply a play on the letter “B” from Bitcoin and the word Finance. I never really questioned it or looked it up. It was just an internal feeling–my own truth.
From what I heard from various sources, over 100 different name options were considered before choosing Binance. At this point, I want to ask @CZ
“Do you recall, or was there ever an option during the naming process that matched my intuition–taking the ‘B’ from Bitcoin and replacing the ‘F’ in Finance?”
The name Binance is actually a fusion of Binary and Finance.
This isn’t just a catchy name. It’s an idea.
Binary stands for 0s and 1s. Code. Algorithms. The language computers understand.
Finance stands for money, value, exchange, trust.
Binance is meant to bring these two worlds together at one point:
code is money, money is code.
Meaning finance no longer lives inside bank buildings, but inside code. Rules aren’t set by people, but by algorithms. Trust is not in individuals, but in mathematics.
That’s why Binance is more than just an exchange.
It’s the name turned into a concept of onchain finance.

#Binance #Binary + #Finance