Binance is a cryptocurrency exchange where you can buy, sell, and trade cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and hundreds of others. Imagine an online marketplace, but instead of buying physical products, you trade digital assets.
You can use it for:
1. Buy crypto with your bank card or via transfer.
2. Trading cryptos (buying low and selling higher to make a profit).
3. Invest for the long term by keeping them in your portfolio.
4. Earn interest on your crypto through services like staking or savings.
Binance is very popular because it offers low fees, lots of options for beginners and pros, and an easy-to-use app. But be careful, it can be risky, so you need to learn a little before you start!
