**How Binance works :**
1. **User signs up** and verifies identity (KYC).
2. **Deposits funds** (crypto or fiat) into their account.
3. **Buys/sells/trades** cryptocurrencies through the exchange.
4. Binance **matches buy/sell orders** using its trading engine.
5. Users can also **stake**, **lend**, or use **futures** and **margin trading**.
6. Binance earns through **trading fees** and other services.
**In short**: Binance connects buyers and sellers of crypto, processes trades, and offers extra features like staking and derivatives—all on one platform.
