Binance is a cryptocurrency exchange which is the largest exchange in the world in terms of daily trading volume of cryptocurrencies. It was founded in 2017 and is registered in the Cayman Islands.

Binance was founded by Changpeng Zhao, a developer who had previously created high frequency trading software. Binance was initially based in China, but later moved its headquarters out of China following the Chinese government's increasing regulation of cryptocurrency.

In 2021, Binance was put under investigation by both the United States Department of Justice and Internal Revenue Service on allegations of money laundering and tax offenses.The UK's Financial Conduct Authority ordered Binance to stop all regulated activity in the United Kingdom in June 2021.

In 2021, Binance shared client data, including names and addresses, with the Russian government.

CEO Changpeng Zhao had previously founded Fusion Systems in 2005 in Shanghai; the company built high-frequency trading systems for stockbrokers. In 2013, he joined Blockchain.info as the third member of the cryptocurrency wallet's team. He also worked at OKCoin as CTO for less than a year, a platform for spot trading between fiat and digital assets.

The company was founded in China but moved its servers and headquarters out of China and into Japan in advance of the Chinese government ban on cryptocurrency trading in September 2017.

In January 2018 it was the largest cryptocurrency exchange with a market capitalization of $1.3 billion, a title it has retained as of April 2021, despite competition from Coinbase, among others.

In March 2018, Binance announced its intentions to open an office in Malta after stricter regulations in Japan and China. In April 2018, Binance signed a memorandum of understanding with the government of Bermuda. Months later, a similar memorandum was signed with the Malta Stock Exchange to develop a platform for trading security tokens. In 2019, company announced Binance Jersey, an independent entity from its parent Binance.com exchange, with the aim to expand its European influence. Jersey based exchange offers fiat-to-cryptocurrency pairs, including the Euro and the British pound.

We are Hiring!

POSITION 1. TREASURY CLEARING MANAGER - BUNDLE

LOCATION: NIGERIA, LAGOS 

DEPARTMENT: FINANCE & ADMINISTRATION – FINANCE & ADMINISTRATION 

JOB TYPE: FULL-TIME: REMOTE

RESPONSIBILITIES

• Monitor and manage the organisation’s bank relationship and liquidity.
• Bank accounts opening and manage the accounts together with the team.
• Daily cash management.
• Managing foreign currency exposure and foreign currency payments.
  

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POSITION 2. COMMUNITY MANAGER - WEST AFRICA

LOCATION: AFRICA

DEPARTMENT: MARKETING-LOCAL MARKETING

JOB TYPE: FULL-TIME ONSITE OR REMOTE

RESPONSIBILITIES:

• Grow and manage local online and offline Binance communities.
• Create, translate, and proofread content for Binance, focusing on the local market.
• Moderate the regional Binance social media, platforms, and chat groups and interact with the community to increase positive engagement.
• Explore new community-friendly platforms to facilitate the expansion of the local user base and awareness.

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POSITION 3. OPERATIONS MANAGER

LOCATION: WEST AFRICA

DEPARTMENT: OPERATIONS, STRATEGY & PROJECT MANAGEMENT – OPERATIONS

JOB TYPE: FULL-TIME ONSITE OR REMOTE

RESPONSIBILITIES:

• Identify operational risks and take actions to mitigate them so that the business does not suffer financial losses.
• Respond to questions and issues as soon as possible to ensure a responsive and dynamic business unit
• Able to develop and optimize recon and settlement processes with Payment networks
• Liaise with third party for Invoice verification

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