Binance is one of the world's largest cryptocurrency exchanges, founded in 2017 by Changpeng Zhao. It offers trading for hundreds of cryptocurrencies, including Bitcoin, Ethereum, and Binance Coin (BNB). Known for its low fees, advanced trading tools, and high liquidity, Binance provides services such as spot and futures trading, staking, lending, and a launchpad for new projects. It also operates Binance Smart Chain (BSC), a blockchain for decentralized applications (DApps). Despite regulatory challenges in multiple countries, Binance remains a dominant player in the crypto industry, expanding its ecosystem with Web3 initiatives, decentralized finance (DeFi), and NFT marketplaces.
