Changpeng Zhao, founder of Binance, expressed a preference for using X over Binance Square due to security reasons. He said that he prefers to remain logged out of Binance.com to ensure security and aims to communicate beyond the Binance community. Zhao mentioned that he might return to Binance Square in the future. This statement was made on X.
“There are a few reasons I use X more than Binance Square,” said Zhao. “I like to stay logged out on Binance.com when not making a transaction, as a security policy. I go on for months without logging in. I like to reach non Binance community.”
Binance Square is an in-app social platform by Binance focused on cryptocurrency news, creators, and community features. According to company updates, it has experienced significant growth and is positioned as a hub for real-time discourse and education around Web3. By early 2025, Binance reported that Square connected approximately 35 million monthly active users and expanded creator incentives, indicating a substantial audience reach for ecosystem-native content alongside broader conversations on X.
Binance’s extensive user base provides context for Zhao’s outreach efforts. The company reports hundreds of millions of registered users globally, with an official update in January 2025 citing 250 million accounts as the exchange continued its expansion under a compliance-first approach. This large footprint helps explain the complementary roles of Square for ecosystem engagement and X for reaching broader audiences outside of Binance.
Logging out between transactions reduces session exposure and aligns with mainstream security guidance that encourages users to end sessions when finished—especially on shared or less-trusted devices. U.S. consumer protection guidance specifically advises logging out of accounts when done to limit unauthorized access, making Zhao’s “stay logged out” routine a conservative, risk-aware posture for account hygiene.
According to Forbes, Changpeng Zhao, commonly known as CZ, is recognized as a visionary entrepreneur who founded Binance in 2017 and quickly grew it into the world’s largest cryptocurrency exchange by trading volume. He is acknowledged for his leadership in advancing blockchain technology and promoting financial inclusion globally, making him one of the most influential figures in the crypto industry. His innovative strategies and commitment to expanding crypto accessibility have earned him a reputation as a pioneer in digital finance.
Founded in 2017, Binance operates a comprehensive crypto ecosystem spanning spot and derivatives markets, custody services, research initiatives, education programs, and its in-app social platform, Binance Square. Industry trackers consistently rank Binance among the largest exchanges by volume and users, with multitrillion-dollar annual trading activity and global reach across more than 100 markets.
