Changpeng Zhao: The truth that Binance has never sold BTC to stabilize the price of BNB

In the cryptocurrency market, the authenticity of information is often more important than any technical analysis. Especially today, with many exchanges and digital assets emerging in an endless stream, rumors and speculations about a certain platform are common. Changpeng Zhao, one of the founders of Binance, recently issued a statement on social media, emphasizing that "Binance has never sold BTC to stabilize the price of BNB! Don't spread rumors in the community!" This statement not only attracted widespread attention from industry insiders, but also triggered deep thinking about Binance and its operating strategy.

Since its establishment in 2017, Binance has rapidly risen to become one of the world's largest cryptocurrency exchanges. The complex operating model and market strategy behind it deserve in-depth discussion. Changpeng Zhao's remarks are precisely to combat rumors about Binance's improper operations. These rumors not only affect Binance's reputation, but also have a negative impact on the healthy development of the entire cryptocurrency market. In this context, it is particularly important to understand Binance's true operating situation.

First of all, understanding Binance's trading mechanism is the key to analyzing this issue. Binance's exchange platform uses an advanced technical architecture, supports high-frequency trading and multiple trading pairs, and users can conduct diversified trading activities on the platform. As the market fluctuates, BNB, as Binance's native token, will also be affected by market supply and demand. However, Zhao Changpeng made it clear that Binance did not maintain the price of BNB by selling Bitcoin (BTC). Behind this statement, Binance's confidence in the value of its own tokens and respect for market laws are reflected.

In the cryptocurrency market, BTC, as the digital currency with the highest market value, has an obvious impact on other digital currencies due to its price fluctuations. As an exchange, Binance holds a large amount of BTC assets and can theoretically intervene in the market by selling BTC. However, Zhao Changpeng's statement shows us Binance's cautious attitude in manipulating the market. The market's self-regulatory mechanism is an important part of the cryptocurrency ecosystem, and any human intervention may lead to unpredictable consequences.

Further analysis shows that the relationship between Binance's operating model and the value of its token BNB is also worthy of attention. As the native token of the exchange, BNB, in addition to having the function of fee discounts in transactions, can also participate in a number of services in the Binance ecosystem, such as participating in IEO (initial exchange offering) projects and staking. These features give BNB a certain intrinsic value, making it not only dependent on market hype. Zhao Changpeng mentioned in his statement that "don't spread rumors in the community" is precisely hoping that users can look at the value of BNB rationally, rather than relying solely on the fluctuations of market sentiment.

In the cryptocurrency market, the line between rumors and reality is often blurred. Many investors are easily affected by emotions when facing market fluctuations, and they panic or blindly follow the trend. Such behavior will not only lead to personal investment losses, but may also have an impact on the entire market. Zhao Changpeng's voice is trying to guide users to return to rationality and focus on the value and potential of the project itself, rather than being swayed by short-term market fluctuations.

In addition, Binance has continuously launched new products and services to expand its ecosystem in the past few years of development. For example, Binance's decentralized exchange (DEX) and smart contract platform are both designed to enhance users' trading experience and asset security. The launch of these emerging products is actually an improvement in the value of BNB. Binance hopes to stabilize the price of BNB by continuously innovating and enhancing users' trust in the platform.

In this era of rapid information dissemination, rumors often spread faster than the clarification of the truth. This is not only a challenge faced by Binance, but also a problem that the entire cryptocurrency market needs to solve. As investors, we should have a certain degree of discernment when obtaining information and not believe unconfirmed news. Zhao Changpeng's statement is not only a protection for Binance itself, but also a call for the healthy development of the entire industry.

In this context, we should also reflect on whether we, as investors, have sufficient knowledge and judgment when participating in cryptocurrency transactions? Can we remain rational in market fluctuations? These questions are worth pondering for every cryptocurrency investor.

From a broader perspective, the cryptocurrency market is still in its early stages of development, the market mechanism is not yet perfect, and information transparency needs to be improved. As an industry participant, Binance has an important responsibility in promoting market standardization. Through public statements, Zhao Changpeng conveyed Binance's commitment to transparency and integrity to the community, which not only helps to enhance users' trust, but also sets a good example for the entire market.

Finally, Binance's influence around the world is growing day by day. As users, we should not only pay attention to Binance's short-term performance, but also pay attention to its long-term development strategy and goals. This statement by Changpeng Zhao reminds us that when participating in cryptocurrency transactions, we need to remain rational and vigilant, deeply understand the value of the project itself, and not be disturbed by the noise of the market.

In the future market, transparency and trust will become the cornerstone of the survival and development of cryptocurrency exchanges. As a leader in the industry, Binance will continue to play an important role in this field. We look forward to Binance leading the industry towards a more standardized, transparent and healthy development direction under the leadership of Changpeng Zhao. For every participant, maintaining sensitivity and rationality to the market will be the key to our foothold in this ever-changing crypto world.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coin Circle (120Btc.com) News: Zhao Changpeng (CZ), the founder of the world's largest (), held an AMA on the social media platform X (Twitter) this evening and responded to many questions from netizens.

 Denying "Binance sold BTC to maintain BNB price" 

On the 22nd of this month, an X user named Whale issued a warning: Binance is allegedly selling BTC to maintain the price of its token BNB.

In response to this rumor, CZ denied it in the AMA: A few weeks ago, there were many rumors about Binance selling BTC to protect the price of BNB. I personally didn't know about this until very late.

 CZ: All the energy is spent on regulatory issues 

CZ said in the AMA that BNB is a completely decentralized and unique ecosystem. He does not have a clear plan for BNB, nor should he have one. Most of his time is spent on dealing with regulatory issues of centralized trading platforms.

In response to the pressure from US regulators, CZ said that US regulators do have access to all data about US trading platforms, but at present they just think that there is a certain ambiguity in cryptocurrency regulation, so they have taken enforcement actions. Unfortunately, Binance has become the target in this case. But CZ added that he hopes to promote compliance of exchanges and move crypto assets forward through more communication and cooperation.

Binance supports BNB ecological projects: can assist in listing coins

In terms of investment, CZ said that Binance strongly supports projects in the BNB ecosystem and can even help these projects to list on Binance. He said that decentralization is the trend of the future, and there are many bright new stars in the BNB ecosystem. CZ specifically mentioned opBNB and said that he is very interested.