In 2018, Binance revolutionized cryptocurrency exchanges by choosing to focus on the rest of the world before the United States market. Through this strategy, it has been able to generally support more altcoins than any of its competitors and achieve consistently more trading volume as well. Through its aggressive growth strategy, including acquiring the cryptocurrency industry’s most popular index (Coinmarketcap), it has been accused of trying to achieve a monopoly. On the other hand, from its launch, it has continuously funded and introduced support for all sorts of cryptocurrency projects.

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