#USNationalDebt
Binance is the world’s largest cryptocurrency exchange, founded in 2017 by Changpeng Zhao. It offers a wide range of services including spot and futures trading, staking, savings, crypto loans, and a launchpad for new tokens. Binance supports hundreds of cryptocurrencies and is known for its low trading fees, high liquidity, and user-friendly interface. Its native token, BNB (Binance Coin), is used to pay for transaction fees at discounted rates, participate in token sales, and access other platform features. Binance also provides educational resources, a crypto debit card, and a secure wallet service. Over the years, it has expanded globally but has faced regulatory challenges in multiple countries. Despite this, Binance remains a central hub for millions of crypto traders worldwide. Under its current CEO Richard Teng, Binance is focusing on legal compliance and building long-term trust in the evolving world of decentralized finance (DeFi) and digital assets.