#BinancePizza in the Cayman Islands. Its ecosystem supports spot, margin, futures, and options trading, catering to both retail and institutional traders.

Spot Trading: Users trade cryptocurrencies instantly via a central order book with advanced tools like limit, market, stop-limit, and one-cancels-the-other (OCO) orders. Fees start at 0.1% for makers and takers, with discounts for using BNB or higher VIP tiers based on trading volume.

Margin Trading: Binance offers up to 10x leverage, allowing traders to borrow funds using crypto as collateral. Assets move from an exchange wallet to a margin wallet, with real-time debt and risk monitoring.