Binance is the world's largest and most popular cryptocurrency exchange. If you're just starting to invest or learn about it, here are the key points:
1. What is Binance?
It's a digital platform where you can buy, sell, and trade Bitcoin, Ethereum, and hundreds of other digital currencies. It was founded in 2017 by Changpeng Zhao (CZ).
2. Key Features
A large number of coins: Over 350 cryptocurrencies are available.
Low fees: Trading fees on Binance are significantly lower than on other exchanges.
Binance Coin (BNB): Binance has its own coin, called BNB. It's used to pay fees and pay for other services.
Security: It has a security fund called 'SAFU' (Secure Asset Fund for Users) that protects users' funds in case of any unforeseen events.
3. Binance's Key Services$BTC
Binance isn't just about trading; it offers much more:
