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00:00.0
Magano tingin mo ang kinikita ng Binance sa isang araw at gaano ba kayaman si CZ?
00:06.0
Now, if you're into crypto or you're into trading, malamang alam mo kung ano ang Binance
00:11.0
o kaya ginagamit mo ang Binance to be able to invest and trade cryptocurrency.
00:15.0
And for those that don't know, Binance is the largest cryptocurrency exchange in the entire world.
00:21.0
And it is owned by one person, si Changpeng Zhao, who is more fondly called CZ.
00:28.0
So on this video, aalamin natin kung magaano ba talaga ang kinikita ng Binance sa isang araw at gaano ba kayaman si CZ.
00:35.0
Okay, so some background information lang.
00:37.0
CZ is the owner, the founder of Binance.
00:40.0
And for a lot of people, they don't know this, but CZ actually grew up in Canada and studied in McGill University in Montreal.
00:48.0
And he's actually a Chinese-Canadian.
00:50.0
And Binance is not a Chinese company.
00:53.0
And I was searching through Google and I could not find kung sino ba talaga ang partners niya.
00:57.0
Mukhang wala, mukhang siya lang talaga ang may-ari ng Binance.
01:00.0
At yung asawa niya, that's it. It's a private company.
01:03.0
Now, magkaano ba talaga ang kinikita ng Binance?
01:06.0
I checked on CoinMarketCap and on CoinMarketCap, makikita mo dito that the trading volume in Binance per day is at $12 billion.
01:15.0
Now, if you look at magkaano ang sinacharge nila on trading fees or transaction fees, it's about 0.1% for all transactions on Binance.
01:25.0
Now, for other users, they actually charge less.
01:29.0
They charge only 0.075%.
01:32.0
So at $12 billion a day, if they make 0.075% on all trades, that means they're earning $9 million per day.
01:43.0
And when I checked online, Binance said that transaction fees are only 60% of their total revenue.
01:50.0
So that means 9 million is only 60% of their total revenue.
01:53.0
That puts their total revenue at $15 million a day, which means that it's $450 million a month.
02:02.0
That translates to $5.4 billion per year.
02:07.0
Assume that their operational cost is at $3 billion a year.
02:11.0
That means that there's still $2.4 billion a year that Binance makes.
02:17.0
And if CZ is the only owner of Binance, and let's say he takes all of that income, that means he's earning $200 million per month.
02:29.0
That is an insane amount of money.
02:32.0
Okay, if you don't feel bad enough about your life already, I'll make it even worse.
02:36.0
Now, the numbers I coded for you are on a low month.
02:40.0
I have seen Binance's trading volume go up to as high as $30 billion a day.
02:46.0
Now, let's look at it at $30 billion a day.
02:49.0
That means at 0.075%, they make $22.5 million per day in transaction fees.
02:56.0
And assuming that's only 60% of their total revenue, then that means they're generating $37.5 million per day,
03:05.0
which translates to over $1 billion a month.
03:08.0
And in a year, that's $13.5 billion.
03:12.0
Now, again, let's say the operational cost is $3 billion.
03:16.0
That leaves CZ and Binance with $10.5 billion annually.
03:22.0
And if you break it down per month, that means that CZ is making at least $1 billion a month.
03:28.0
I can't even comprehend that number.
03:30.0
Now, let's look at CZ's net worth.
03:32.0
If you Google it, it says that CZ's net worth is about $10 billion.
03:37.0
I actually think that's very conservative and very low,
03:40.0
considering that on a bad year, he's probably earning about $1 to $2 billion on a bad year.
03:46.0
And on a good year, he can earn $1 billion a month.
03:50.0
And there are some estimates that put him at about $30 billion.
03:53.0
And then some are saying that he lost about 60% or 70% or 80% of his net worth.
03:59.0
So I think a more accurate representation of his net worth is probably over $100 billion.
04:05.0
So I guess if you're CZ and you're Binance and you're operating outside of the regulations of different countries,
04:11.0
governments are going to be pissed at you and they're going to go after you.
04:14.0
When you make that much money, you're bound to have some enemies.
04:17.0
And in this case, his enemies are some of the governments.
04:21.0
And I'm happy for CZ and for Binance. They're providing a good service.
04:24.0
So far, he's been a good actor in this cryptocurrency space.
04:27.0
It's in his best interest to make sure that he gives the best service possible for this industry.
04:31.0
So I hope you guys learned something from this video and not feel too bad about your life after learning how much CZ makes.
04:36.0
And if you like the video and you like the content, please subscribe to my YouTube channel
04:40.0
by clicking on the link below and you click on that notification bell so you're notified of my latest videos.
04:45.0
Thanks so much, everyone. I'll see you on the next video.
