Binance is one of the largest cryptocurrency trading platforms in the world. Founded in 2017 by Changpeng Zhao, the exchange quickly gained prominence for offering a wide variety of digital currencies, competitive fees, and advanced features for both beginner and experienced investors.
Main features of the Binance app:
Buying and selling cryptocurrencies: Supporting hundreds of cryptos like Bitcoin ($BTC ), Ethereum ($ETH ), $BNB , Solana (SOL), and many others.
User-friendly interface: The app has a simplified version for beginners and a "pro" version with charts and technical tools for more advanced traders.
Staking and yields: Allows users to earn passive rewards by keeping cryptos locked on the platform.
Security: Offers two-factor authentication (2FA), identity verification (KYC), and other protective measures.
Low fees: Transaction fees are lower if the user uses the BNB coin (Binance's native currency).