Binance, the cryptocurrency exchange. Binance is one of the largest and most popular crypto trading platforms globally, offering a wide range of services, including spot trading, futures trading, staking, and DeFi (decentralized finance) products.
Founded in 2017 by Changpeng Zhao (CZ), Binance quickly gained popularity due to its low trading fees, a large selection of cryptocurrencies, and high liquidity. The platform provides both a user-friendly interface for beginners and advanced trading tools for experienced traders.
Binance has faced regulatory challenges in multiple countries, leading to changes in its operations and compliance efforts. It also introduced Binance Smart Chain (BSC), a blockchain that enables fast and low-cost decentralized applications (dApps).