CZ: The Chinese name "币安" was decided together with He Yi, and the process reflects Binance's straightforward and decisive working style.

Odaily News CZ mentioned in his personal memoir "Binance Life": "On June 17, 2017, she (He Yi) was staying in Shanghai to attend a seminar. I invited her to the office to help us revise the whitepaper... When He Yi walked into our office, she pointed at the printed whitepaper on the table and her first words were: 'Your current Chinese name sounds like a supermarket.' I asked her if she had any better suggestions. She thought for a moment and said: 'How about "币安" (Bi An)?' Allan (Note: CZ's former colleague, Binance's founding product manager) and I exchanged a glance and said: 'Okay.'

She was a bit surprised: 'Are you sure you don't need to think about it more? Not ask others? Or consult a feng shui master? Naming is a big deal.' Both Allan and I said: 'No need to ask. Let's move on to the next revision.' This is the origin of the Chinese name '币安'.

Actually, she didn't know that after the English name Binance was settled, we had been struggling with the Chinese name for a long time, until she blurted out the two characters '币安'. This naming incident shows Binance's working style: straightforward and decisive, without any hesitation. We make decisions quickly, dislike endless meetings, and get things done as soon as they are discussed."