Changpeng Zhao
👤 SpeakerAppearances Over Time
Podcast Appearances
So 20 times less than competitors.
So that got the world to come to you.
So then you have volume.
Did other people try to replicate that model as well?
People do.
People try, yeah.
To make it a zero fee, like a very low fee?
People try.
People even try to compensate, like pay users to trade on them.
People try all kinds of different models.
Has anybody succeeded as wildly as you guys did coming out?
No, I would say no.
The fees is important.
Fees is one part.
There's other parts like how you protect users, how good is customer service.
how well you do things overall, how good is your technology.
There's multiple things in play, but fees is important, I think.
So can you give me some numbers?
Because when I look at the numbers that I pulled up with what you guys have done, some of these numbers are wild when you look at the stats.
So lifetime trading volume, $125 trillion.