Binance was founded in July 2017 by Changpeng Zhao, known as CZ, a programming and finance expert. Since its launch, Binance has become one of the most prominent and largest cryptocurrency exchanges in the world, thanks to its distinctive design, low fees, and speed of services.
Binance has seen significant expansion since its founding, offering a variety of services and products, including:
1. Cryptocurrency Trading: The platform offers more than 500 cryptocurrency trading pairs, giving users a fast and efficient trading experience with low fees.
2. Lending: It allows users to lend their digital assets and earn financial returns.
3. Decentralized Finance (DeFi): Binance launched its own network, Binance Smart Chain (BSC), to support decentralized applications (dApps).
4. Launchpad: Enables startups to offer their cryptocurrencies to investors via the platform.
5. Decentralized Exchange (DEX): It provides a decentralized trading platform known as “Binance DEXI”, where users can trade directly from their wallets.
In addition, Binance offers a variety of investment options including futures, options, and derivatives. It has also expanded through acquisitions of multiple companies and global partnerships to enhance its presence and expand its uses.
To follow the latest developments and investment opportunities, you can visit the official Binance website or its official social media accounts.