**Binance** is one of the largest and most popular cryptocurrency trading platforms in the world, founded in 2017 by **Changpeng Zhao**. Binance is known for offering a wide range of digital currencies that users can trade, such as **Bitcoin**, **Ethereum**, and many others.
The platform is characterized by fast transaction execution and low fees. It supports trading with various financial tools, including **Spot Trading**, **Margin Trading**, and **Futures**. Binance also provides additional features like **Decentralized Finance** (DeFi), **Savings Accounts**, and **Reward Programs**, making it a comprehensive destination for crypto enthusiasts and investors.
Despite its success and widespread use, Binance faces regulatory challenges in several countries, prompting it to improve its compliance with local laws and enhance security measures to reassure both its users and governments.