#TrumpTaxCuts Founded in 2017 by Changpeng Zhao (CZ), Binance quickly rose to become the world’s largest cryptocurrency exchange by trading volume. Offering hundreds of cryptocurrencies and trading pairs, Binance became popular for its user-friendly platform, low fees, and wide range of services, including spot trading, futures, staking, and even its own blockchain, Binance Smart Chain (BSC).
Binance has played a major role in the global adoption of crypto, providing access to millions of users across the world. Beyond trading, Binance has expanded into areas like NFTs, decentralized finance (DeFi), and Web3 innovation. The platform also introduced Binance Coin (BNB), which powers transactions on its ecosystem and offers benefits like reduced trading fees.
Despite facing regulatory challenges in various countries, Binance continues to adapt and innovate, focusing on compliance, user security, and expanding its global influence. Its story reflects the rapid growth and evolution of the cryptocurrency industry itself.