1. Launch and Founding (2017):

Binance was founded by Changpeng Zhao (CZ) in July 2017. Originally based in China, it launched following a successful Initial Coin Offering (ICO) that raised $15 million. The Binance app was introduced shortly after the launch of the Binance exchange, providing mobile access to trading and account management.

2. Rapid Growth (2017–2018):

Thanks to its user-friendly interface, wide range of crypto assets, and low trading fees, Binance quickly became the world's largest crypto exchange by trading volume. The mobile app mirrored the web experience, allowing users to trade, track prices, and manage their portfolios on the go.

3. Expansion of Features (2018–2020):

During this time, the Binance app evolved beyond simple spot trading:

Binance Futures was introduced for leveraged trading.

Staking, Savings, and Launchpool were added to the app.

Binance also launched Binance Academy, Trust Wallet, and Binance DEX.

The app was continuously updated to include charts, indicators, and real-time price alerts.

4. Binance Smart Chain (2020):

In September 2020, Binance launched the Binance Smart Chain (BSC), a blockchain to support DeFi and DApps. This allowed the app to connect users to DeFi tools, wallets, and decentralized services.

5. Regulatory Challenges and Adaptation (2021–2022):

Facing scrutiny from regulators in several countries, Binance made significant changes:

Implemented stricter KYC (Know Your Customer) protocols.

Adjusted offerings based on local regulations.

Enhanced security and compliance features within the app.

6. Introduction of Binance Lite Mode & Earn (2021):

To make crypto more accessible to beginners, Binance added Lite Mode—a simplified app view for newcomers. Features like Binance Earn and Write to Earn were also integrated to appeal to non-traders.

7. Global Reach and Localization (2022–2024):

The Binance app was localized in multiple languages, supporting users in over 180 countries. It added fiat gateways, P2P trading, and support for local payment methods.

8. Innovation and Community Building (2024–2025):

New features like Web3 Wallet, NFT Marketplace, and creative campaigns such as "Write to Earn" were added, allowing users to earn without investing—just by creating content.

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Today, the Binance app is a full-fledged crypto ecosystem on mobile—offering everything from trading and staking to NFTs, DeFi, learning, and passive income opportunities, making it one of the most powerful apps in the crypto industry.