The Mt. Gox Lesson That Turned Binance Into A Multi-Billion Dollar Empire

Its based on two fundamental principles

Binance founder, Changpeng Zhao, used to work at a McDonald’s and sold his apartment to go all-in on Bitcoin. Source: Binance

There may not be obvious links between two exchanges that have ruled the world of crypto during two different eras, but its clear that the reigning industry leader, Binance, learned tough lessons from its predecessor Mt. Gox.