you may not have known**
Binance is one of the largest cryptocurrency platforms in the world, but there are many interesting facts that remain unnoticed. Here are 12 interesting facts that you probably didn't know:
Binance was founded in 2017 by Changpeng Zhao (CZ) and He Yi. In less than a year, it became the largest cryptocurrency exchange in the world by trading volume.
The name "Binance" is a combination of "Binary" and "Finance," highlighting its connection to technology and economics.
Binance is known for not having a centralized office, making it a global company in every sense.
Binance Coin (BNB), launched as a utility token, was initially used for transaction fee discounts and is now accepted in various applications, including travel and payments.
Binance regularly burns BNB, reducing its total supply to increase the value of the token.
The platform supports over 1.4 million transactions per second, making it one of the fastest in the industry.
In addition to the exchange, Binance has its own blockchain network (Binance Smart Chain), an NFT platform, an educational academy, and even cryptocurrency lending services.
