Changpeng Zhao: Binance can get extra income through products like CoinMarketCap at any time

According to BitKE reports, Binance founder Zhao Changpeng said in an interview with TechCrunch that 90% of Binance’s current revenue comes from transaction fees, but Binance can still obtain income through other channels. Zhao Changpeng said that Binance acquired CoinMarketCap in 2020, and then stopped CoinMarketCap’s advertising function to provide a better user experience, but Binance can restart the function at any time and earn $40 million a year in revenue. In addition, Changpeng Zhao also stated that although the collapse of FTX has had a negative impact on the crypto industry in the short term, it will help to increase the industry's sense of responsibility and transparency over time.