Binance is one of the worldâs largest and most influential cryptocurrency exchanges, known for its vast ecosystem and high trading volume. Founded in *2017* by *Changpeng Zhao (CZ)* and *Yi He*, Binance quickly rose to prominence by offering a wide range of crypto services and products.
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đź *Core Features*
- *Crypto Trading*: Supports over *350 cryptocurrencies* and thousands of trading pairs, including spot, margin, futures, and options trading. - *Binance Earn*: Offers passive income opportunities through staking, savings, liquidity farming, and dual investment products. - *NFT Marketplace*: A platform for creating, buying, and selling non-fungible tokens. - *Binance Academy*: Free educational hub for blockchain and crypto knowledge in over 10 languages. - *Trust Wallet*: A secure mobile wallet for storing and managing crypto assets. - *Binance Launchpad*: A token launch platform for new blockchain projects.
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đ *Security & Compliance*
- Implements *multi-factor authentication*, *cold storage*, and *proof-of-reserves* to protect user funds. - Operates in over *100 countries*, though availability may vary due to local regulations. - Has faced regulatory scrutiny and adapted its operations to meet compliance standards in various jurisdictionsâ˝Âšâžâ˝Â˛âž.
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đ *Stats & Impact*
- Over *150 million registered users* globallyâ˝Âłâž. - Average daily trading volume exceeds *$65 billion* â˝Âšâž. - Binance Coin ( *BNB*) is its native token, used for trading fee discounts and powering its blockchain ecosystem.
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Binance isnât just a trading platformâitâs a full-fledged blockchain ecosystem. Whether you're a beginner or an institutional investor, it offers tools and services to suit every level of crypto engagement.
Want to explore how Binance compares to other exchanges or dive deeper into one of its features