Who is the founder of id coin?

The founder of ID coin is Changpeng Zhao. Binance exchange was founded by him in 2017 and later launched ID Coin as the platform’s native cryptocurrency. ID coins are used for transaction fee discounts, voting rights and staking, and their value is affected by supply and demand and the success of the Binance exchange.

ID Coin founder: Changpeng Zhao

ID Coin, also known as Binance Coin, is a native cryptocurrency issued by Binance Exchange. The exchange was founded in 2017 by Changpeng Zhao.

Changpeng Zhao Introduction

Changpeng Zhao was born in Lianyungang, Jiangsu, China. He is a successful entrepreneur and pioneer in the field of cryptocurrency. He has served as a futures trader at Bloomberg and as chief technology officer at OKCoin.

Creation of Binance Exchange

Changpeng Zhao decided to create his own exchange after witnessing the huge growth potential of the cryptocurrency market. He launched the Binance exchange in July 2017, which quickly became one of the world’s leading cryptocurrency trading platforms.

Uses of ID Coin

ID Coin has a variety of uses in the Binance ecosystem, including:

• Transaction fee discount: Use ID Coin to pay transaction fees to enjoy a discount.
• Voting Rights: Token holders can vote in Binance’s governance decisions.
• Participate in staking: Holding ID coins can be used for staking to obtain rewards.

The value of ID coin

The value of ID coin is mainly affected by the market supply and demand relationship. It is also one of the key drivers of the success of the Binance exchange. The exchange’s growth and popularity increases demand for ID Coin, thus pushing its price higher.

Conclusion

ID Coin founder Changpeng Zhao is an influential figure in the cryptocurrency field. His vision and leadership have established Binance Exchange as an industry leader, and ID Coin, as its native token, benefits from the platform’s continued success.

SPACE ID (ID) is experiencing turmoil in the market, with the price plunging 17% in the past 24 hours. With 24-hour trading volume reaching $295,719,37.89, the cryptocurrency has a circulating volume of 643,733,694.23555, a total supply of 2 billion, and a circulating market capitalization of $222 million. The price of SPACE ID is currently $0.34, and its value is constantly fluctuating, causing investors to be cautious.

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