Welcome to Daily Wisdom, a daily crypto podcast from The Flippening. These episodes feature short, to-the-point clips from our full-length interviews. We talk with the men and women behind the trades, crypto exchanges, regulations, and crypto market cap movements with the goal of helping you become a better, more informed investor.

Today’s episode is from a 2019 conversation with Changpeng Zhao (CZ), founder and CEO of Binance, one of the world’s top crypto exchanges. We discuss the built-in advantages that helped Binance launch just 12 days after their ICO and survive an early lawsuit by a major venture capital firm. For the full conversation, check out Flippening episode 52.

Sponsors

Crypto Loans by Nexo

Nexo is the only lender offering INSTANT crypto credit lines, which let you use digital assets as collateral to get cash in 45 fiat currencies and stablecoins. Annual interest rates for credit lines are now starting at just 5.9% - which may very well be the lowest borrowing rate in the whole industry. Nexo is also a strategic partner of exchanges, OTC desks, and crypto funds through its portfolio of structured financial products. Definitely explore nexo.io or reach them at institutions@nexo.io.

Nomics.com & Nomics' Cryptocurrency API

Nomics is a crypto market cap website and aggregator, going head to head with CoinMarketCap. We stand as a transparent alternative to many of the sketchy market cap websites out there. If you haven't been to Nomics.com in a while, I encourage you to visit our website. We offer transparent volume statistics for nearly every cryptocurrency and crypto exchange in the space. And I believe we have the only credible crypto exchange index in the space as of the time of this reading. If you’re sick of scammy ads, bad design, and manipulated data provided by companies whose founders hide from public view, then check us out at Nomics.com. For examples, see our Litecoin Price / LTC & OKEx pages.

P.S. If you've read this far, consider signing up for our fully customizable daily crypto newsletter.