#Binance #bnb
Binance
is a global cryptocurrency exchange platform that allows users to buy, sell, and trade cryptocurrencies. This platform was launched in 2017 and is one of the largest cryptocurrency exchanges in the world, where you can trade Bitcoin, Ethereum, and other digital currencies.
Binance provides various services, such as:
Spot Trading: This is traditional trading where you exchange one cryptocurrency for another cryptocurrency or fiat currency.
Futures Trading: Here you speculate on the future prices of cryptocurrencies and can earn more profit by using leverage.
Staking: On Binance, you can stake your cryptocurrency to earn rewards.
Savings & Loans: Binance also provides users the option to have savings accounts or take loans with their cryptocurrency.
Binance has its own native coin called BNB (Binance Coin), which offers users discounts on trading fees and other benefits.
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