What is Binance?

1. Binance (the company) – One of the largest cryptocurrency exchanges in the world, founded in 2017. It allows users to buy, sell, and trade a wide range of cryptocurrencies like Bitcoin, Ethereum, and many others.

2. Binance Coin (BNB) – The native cryptocurrency of the Binance platform, originally used to get trading discounts and now also used in many other applications, including DeFi and token sales.