Murray Sanna TXDA

Binance: The Global Cryptocurrency Powerhouse

Binance is one of the world’s largest cryptocurrency exchanges, founded in 2017 by Changpeng Zhao (CZ). It offers spot and futures trading, staking, NFTs, and its own blockchain—Binance Smart Chain (BSC). Known for low fees and a wide range of coins, Binance grew rapidly but also faced regulatory issues in many countries. To comply, it strengthened its KYC, licensing, and legal teams. In 2023, CZ stepped down, and Richard Teng became CEO. Binance continues to lead in crypto innovation while promoting financial freedom. Its ecosystem includes Binance Earn, charity work, and more—making it a key player in global crypto adoption.

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