Binance is a cryptocurrency exchange platform founded in 2017 by Changpeng Zhao. It is headquartered in Malta but has offices around the world, including in the United States and Singapore.
Binance offers a wide range of cryptocurrency trading pairs, including Bitcoin, Ethereum, Litecoin, and more. It also offers a variety of services, such as margin trading, futures trading, staking, and lending.
One of the unique features of Binance is its own cryptocurrency token called Binance Coin (BNB). Users can use BNB to pay for trading fees on the platform and receive a discount. BNB is also used for various other functions on the platform, such as participating in token sales and accessing certain features.
Binance has become one of the most popular cryptocurrency exchanges in the world due to its low trading fees, extensive range of trading pairs, and advanced features. However, it is important to note that cryptocurrency trading can be risky and users should always exercise caution and do their own research before making any investments.