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Binance is one of the world’s largest and most influential cryptocurrency exchanges, offering a wide range of services including trading, staking, futures, and decentralized finance (DeFi) tools. Founded in 2017 by Changpeng Zhao, Binance quickly grew due to its user-friendly platform, extensive coin listings, and relatively low trading fees. The exchange supports hundreds of cryptocurrencies and provides advanced trading features that attract both beginners and professional traders. Binance also launched its own blockchain, BNB Chain, which supports decentralized applications and smart contracts. Despite its success, Binance has faced regulatory challenges in several countries, including investigations and restrictions over compliance and licensing.
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