Binance is one of the world's largest cryptocurrency exchanges, offering a platform for trading a wide range of digital assets. Founded in 2017 by Changpeng Zhao (CZ), Binance provides services such as spot trading, futures trading, staking, lending, and a launchpad for new blockchain projects. It supports hundreds of cryptocurrencies and has its own native token, Binance Coin (BNB), which offers benefits like trading fee discounts. Binance also operates Binance Smart Chain (BSC), a blockchain network designed for decentralized applications (DApps) and smart contracts. Despite regulatory challenges in some countries, Binance remains a key player in the crypto industry.
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