#ProjectCrypto #ProjectCrypto: Binance Overview (150 Words)
Binance is one of the world’s leading cryptocurrency exchanges, known for its high liquidity, vast selection of digital assets, and innovative ecosystem. Founded in 2017 by Changpeng Zhao (CZ), Binance quickly rose to dominance by offering fast, low-cost trading and a user-friendly interface. The platform supports spot, futures, and margin trading, along with services like staking, savings, and a Launchpad for new token offerings.
Beyond trading, Binance has developed its own blockchain—BNB Chain—empowering decentralized applications (dApps) and enabling fast, low-fee transactions. Its native token, BNB, is used for trading discounts, DeFi applications, and governance.
Security and compliance have become key focuses, with Binance enhancing KYC protocols and working with regulators globally. Its vision extends beyond crypto trading—aiming to accelerate crypto adoption worldwide through education, innovation, and financial inclusion.
Binance remains a cornerstone of the crypto industry, shaping the future of decentralized finance (DeFi).