Binance, founded in 2017 by Changpeng Zhao, has grown into the world's largest cryptocurrency exchange. It started with a focus on providing a platform for trading a wide variety of cryptocurrencies. Over the years, Binance has expanded its services to include features like trading, listing, and fundraising for digital assets. Binance also introduced its own cryptocurrency, Binance Coin (BNB), which users can use to pay fees on the platform. Additionally, Binance launched Binance Smart Chain in 2020, enabling decentralized applications and smart contracts. These features have made Binance a key player in the cryptocurrency ecosystem.