$PEPE #CEXvsDEX101 Binance is one of the largest and most famous cryptocurrency trading platforms in the world in terms of trading volume. It was founded in July 2017 by Chinese-Canadian programmer Changpeng Zhao (CZ) and Yi He. Although it started in China, it moved its headquarters outside the country due to increasing restrictions on cryptocurrencies in China.
History of Binance:
* 2017: Binance was founded in July 2017. It launched its own currency, Binance Coin (BNB), which later became one of the largest cryptocurrencies by market capitalization.
* Rapid growth: Binance experienced tremendous growth and gained wide popularity thanks to its simple interface, low trading fees, and the wide range of cryptocurrencies available.
* Expansion and innovation: Binance did not limit itself to trading only but expanded its services to include a comprehensive blockchain ecosystem.
* 2020: Binance launched the Binance Smart Chain (BSC), a blockchain network that runs parallel to the original Binance chain.
Services of Binance:
Binance offers a wide range of products and services that meet the needs of traders and investors in the world of cryptocurrencies.