CZ Clarifies He Has Never Traded Gold Amid Community Questions

Binance founder humorously denies claims of gold or silver trading, noting no experience and joking about selling his two ounces.

Summary

On January 31, Changpeng Zhao (CZ), founder of Binance, responded on X to speculation about selling all his gold and silver. He stated he has never bought or sold gold and does not know how, adding a joke about selling his two ounces to test potential market impact.

Terms & Concepts
  • CZ (Changpeng Zhao): Founder and former CEO of Binance, one of the world’s largest cryptocurrency exchanges.
  • Binance: A major cryptocurrency exchange platform offering trading, blockchain services, and related financial products.