what is binance ?
Binance is one of the largest cryptocurrency exchanges in the world, where you can buy, sell, and trade digital assets like Bitcoin (BTC), Ethereum (ETH), and thousands of other coins/tokens.
Here’s what makes Binance stand out:
Global Trading Platform – Supports spot trading, futures, options, and margin trading.
Huge Coin Selection – Lists hundreds of cryptocurrencies and pairs.
Low Fees – Known for lower trading fees compared to many competitors.
Ecosystem – Includes Binance Earn (staking, savings), Binance Launchpad (new token sales), Binance NFT marketplace, and more.
$BNB Token – Its own native cryptocurrency, Binance Coin (BNB), which can be used to pay fees at a discount.
Security Features – Two-factor authentication, withdrawal whitelists, and proof-of-reserves reports.
It was founded in 2017 by Changpeng Zhao (CZ) and quickly became a leading exchange due to its speed, low costs, and frequent new listings.
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