$SOL
101675412309634520Binance is one of the world's largest cryptocurrency exchanges, founded in 2017 by Changpeng Zhao (CZ). It offers a platform for trading hundreds of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). Known for its low trading fees and high liquidity, Binance provides various financial services like spot and futures trading, staking, lending, and decentralized finance (DeFi) products.
Binance has its own blockchain, Binance Smart Chain (BSC), which supports smart contracts and decentralized applications (dApps). The platform also launched BNB, its native token, used for transaction fees, staking, and governance. Despite facing regulatory challenges in multiple countries, Binance continues expanding globally, adapting to compliance requirements. With innovations in Web3, NFTs, and metaverse projects, Binance remains a key player in the evolving crypto industry.