The CEO of Binance, Changpeng Zhao, recently had an interview with TechCrunch, in which he said that 90% of the exchange’s employees receive their salaries in BNB.
The interviewer and founder of TechCrunch, Michael Arrington, publicly revealed his thoughts about this on Twitter:
“Just one of the interesting things @cz_binance told me this week at LCX event: 90% of binance employees choose to receive their salary in BNB tokens. Smart people.”
Meanwhile, BNB which is also known as Binance Coin and the native token of Binance – is a new token released by the world’s largest cryptocurrency exchange in 2017 – all in order to garner enough funds to finance the operations of the company.
What’s most interesting is the fact that BNB has been rising ever since its inception – and the company has been buying back BNB with profits generated by the business.
https://www.twitter.com/arrington/status/1030755140033232896
During the interview, Zhao confirmed this – and said that even 90% of the employees at Binance choose to be paid in BNB for their contributions to the company. This makes Binance one of the few businesses that pay the majority of its employees in crypto.
Obviously, this is also good press for Binance and especially BNB, which is now expected to rise as a result of this announcement. Aside from the compensation, the Binance team has led various initiatives such as the development of a decentralized exchange and a blockchain project accelerator – all in order to foster a better global crypto ecosystem.
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