#GENIUSActPass Binance is one of the largest cryptocurrency exchanges in the world, recognized for its vast transaction volume and wide range of services. Founded in 2017 by Changpeng Zhao (CZ), the platform grew rapidly, establishing itself as a dominant player in the blockchain ecosystem.

It offers its users the ability to buy, sell, and exchange hundreds of cryptocurrencies, from the most popular like Bitcoin (BTC) and Ethereum (ETH) to lesser-known altcoins. In addition to spot trading, Binance has diversified its offerings to include futures, options, staking, loans, and a launch platform for new cryptocurrency projects (Launchpad).

Its native coin, BNB (Binance Coin), plays a crucial role within the ecosystem, offering discounts on trading fees and access to exclusive features. Despite facing regulatory challenges in various jurisdictions, Binance continues to innovate and expand its global presence, adapting to a constantly evolving cryptocurrency landscape. Its commitment to blockchain technology and cryptocurrency adoption keeps it at the forefront of the industry.