🔥🔥🔥some facts about binance 🔥🔥🔥🔥🔥🔥
🔹 Binance is the world’s largest cryptocurrency exchange by trading volume, launched in 2017 by Changpeng Zhao (CZ).
🔹 It supports over 350 cryptocurrencies, including Bitcoin, Ethereum, BNB, and many altcoins.
🔹 Binance offers various products: Spot trading, Futures, Margin trading, P2P, and Binance Earn for passive income.
🔹 The native token BNB is used to pay trading fees at a discount and for other ecosystem services.
🔹 Binance has faced regulatory scrutiny in multiple countries, including the U.S., U.K., and India.
🔹 In 2023, CZ stepped down as CEO and Binance paid over $4 billion in fines to U.S. authorities.
🔹 Binance SAFU (Secure Asset Fund for Users) is an emergency insurance fund created in 2018.
🔹 Binance has its own blockchain networks: BNB Chain (formerly Binance Smart Chain).
🔹 The exchange also features Launchpad for new token launches and Binance Academy for free crypto education.