#BinanceTurns8 cryptocurrency exchange by trading volume and users. Initially based in China, it strategically relocated due to evolving regulatory landscapes, eventually establishing a global presence without a single official headquarters.
Beyond its core exchange, Binance has evolved into a comprehensive blockchain ecosystem. This includes the Binance Smart Chain (now BNB Chain), a dedicated blockchain, and various services like Binance Earn for passive income, Binance Loans, an NFT marketplace, and Binance Academy for crypto education. The platform prioritizes security with features like 2FA and the SAFU insurance fund to protect user assets.
Binance's growth has been remarkable, consistently reaching significant user milestones. As of early 2025, it reported over 250 million users, underscoring its pivotal role in mainstream cryptocurrency adoption. While navigating ongoing regulatory scrutiny globally, Binance continues to expand its offerings and influence within the digital asset space, aiming to onboard a billion users and further its vision as a foundational infrastructure provider for the future of crypto.