Binance is one of the world’s largest cryptocurrency exchanges where people can buy, sell, trade, and store digital assets like Bitcoin (BTC), Ethereum (ETH), BNB (Binance Coin), and thousands of other tokens.
Here are the key points:
Founded: 2017 by Changpeng Zhao (CZ).
Services:
Spot trading (buy/sell crypto directly).
Futures & margin trading (trade with leverage).
Staking & savings (earn interest on crypto).
Launchpad (new crypto project sales).
Binance Pay (send/receive crypto).
NFT marketplace.
Native Token: BNB, used for trading fee discounts and in the Binance ecosystem.
Wallet: Binance also offers a crypto wallet inside the platform, plus Trust Wallet (a separate app).
Global Reach: Operates in many countries, but also faces regulatory restrictions in some regions.
👉 In short: Binance is like a stock exchange for crypto, but with extra features like earning programs, new project launches, and payment services.
Do you want me to explain how beginners can safely use Binance, or do you just want a general overview?