#ETHCrossed2500 .
Key Features of Binance
Wide Range of Cryptocurrencies: .
Diverse Trading Options: .
Global Reach: Serves over 240 million users worldwide, with regulatory approvals in more than 20 jurisdictions .
BNB Token: BNB is used for trading fee discounts, staking, governance, and as gas fees on the BNB Chain .
Leadership and Regulatory Developments
In November 2023, founder Changpeng Zhao resigned as CEO after pleading guilty to anti-money laundering violations in the U.S., resulting in a four-month prison sentence .