What is Binance?
Binance is the world’s largest cryptocurrency exchange platform where people can buy, sell, and trade digital currencies like Bitcoin, Ethereum, and thousands of other coins.
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Key Features of Binance
1. Trading: Offers Spot, Futures, and Margin trading.
2. Wallet: Secure wallet to store your crypto assets.
3. Staking & Earn: You can earn passive income (interest) on your crypto.
4. Launchpad: Invest in new crypto projects before they become popular.
5. P2P (Peer-to-Peer): Buy and sell crypto directly with other people.
6. Low Fees: Very low trading fees (around 0.1%, even lower with BNB).
7. Mobile App: Easy to trade and manage your portfolio on the go.
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Binance’s Own Token
BNB (Binance Coin): The native cryptocurrency of Binance.
Used to pay fees at a discount
Used for staking and other utilities inside Binance
