Shapeshift CEO Erik Voorhees has come out on social media platform Twitter, to praise the work of Binance and their creator, Changpeng 'CZ' Zhao following the great success the company has had over the past year and a half.
Voorhees praised CZ on twitter stating "One cannot but be impressed and inspired by the incredible success that @binance has achieved over the last 1.5 years. @cz_binance it's been awesome watching your ascent, keep up the good #buidling"
Meeting you in York (UK) in Dec 2013 was a good inspiration for me. Start of my crypto career.— CZ Binance (@cz_binance) February 8, 2019
CZ also commented on the tweet, admitting that meeting Voorhees in 2013 "was a good inspiration for me. Start of my crypto career." CZ tweeted.
The success of Binance has shot the cryptocurrency exchange into poll position as being the most widely used exchange in the world. This can all be credited to CZ's attitude toward focusing on building infrastructure and growing the business in a bear market, which is something he promoted often on twitter.
The hard work put in by Binance proved extremely fruitful in 2018, with the company netting just under $500 million in profits. Not bad for an industry suffering from its worst crypto winter in history.
Binance looks set to continue its winning streak with multiple faucets of the company beginning to come to fruition. Binance DEX is set to launch in early 2019 with Beta testing already under way. Binance's own blockchain, Binance Chain is also set for launch in 2019. Big things are expected from Binance this year.