Secret

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<p lang="en-GB" xml:lang="en-GB">In a recent X post, the cofounder and chief executive of <a href="https://u.today/ripples-ex-general-counsel-joining-binanceus-is-positive-sign-pro-xrp-lawyer" rel="noopener noreferrer nofollow">Binance exchange</a>, the largest crypto trading platform by volume, addressed how the logo of Binance was created.</p> 
<p lang="en-GB" xml:lang="en-GB">After the logo was created, CZ and his friends Luke and Gareth — among which is, allegedly, one of Binance's cofounders — got together in Singapore to get tattoos of the Binance logo on their arms. That happened back in 2018.</p> 
<p lang="en-GB" xml:lang="en-GB">According to CZ, the logo was created 16 months before that, in the summer of 2017, the year when the platform was kickstarted with the help of an ICO — a popular method for raising funds in the crypto industry back then.</p> 
<blockquote> 
 <p lang="en" dir="ltr">You may not know the origin of the <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> logo.<a href="https://t.co/uSNK14zvGq" rel="noopener noreferrer nofollow">https://t.co/uSNK14zvGq</a> <a href="https://t.co/Gn5WGHIti7" rel="noopener noreferrer nofollow">pic.twitter.com/Gn5WGHIti7</a></p>— CZ 🔶 Binance (@cz_binance) <a href="https://twitter.com/cz_binance/status/1703450367160164688?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 17, 2023</a> 
</blockquote> 
<h2 lang="en-GB" xml:lang="en-GB" id="here-s-how-binance-logo-came-to-be">Here's how Binance logo came to be</h2> 
<p lang="en-GB" xml:lang="en-GB">CZ admitted that he and the other founders tried a lot of different variations to create a logo for their crypto exchange. The idea was to represent the bids and asks on Binance using two squares. As for the title Binance itself, it stands for "Binary Finance."</p> 
<p lang="en-GB" xml:lang="en-GB"><a href="https://u.today/binanceus-loses-legal-risk-executives-amid-massive-exodus" rel="noopener noreferrer nofollow">CZ wrote</a> that they put a square on top of another square to make it look pretty much like a "digital eight." Even though this is a lucky digit in Chinese culture, they did not like the result. Binance's designer Tang suggested a couple of other variations, CZ says, and he noticed the two diagonal squares on top of each other, with a slight overlap on figure two. This appealed to CZ more than just the two squares on top of each other, since the overlap already symbolized the bids and asks.</p> 
<p lang="en-GB" xml:lang="en-GB">The next idea they used was making these small squares overlap each other on a bigger square, like two game pieces on a game board; this would symbolize a crypto exchange operating like a "playground" for trading. However, even then the logo looked "weak" to CZ. Then, Binance designers simply thickened the lines of all the squares. That was it, CZ proudly wrote.</p> 
<h2 lang="en-GB" xml:lang="en-GB" id="binance-and-coinmarketcap-history">Binance and CoinMarketCap history</h2> 
<p lang="en-GB" xml:lang="en-GB">Once they agreed on the idea for the logo, Luke stated that he was up to getting a Binance logo tattoo on his arm. CZ and Gareth joined him. Luke, who was in fact Luke Wagman, founder of CoinMarketCap, then also got a tattoo of his platform on his arm. Curiously, a few years later, Binance bought CoinMarketCap.</p>

CZ Reveals Secret of Creating Successful Binance Logo

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