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.