let's explain Binance in a simple way...

Let's imagine that Binance is a big box of digital toys, where money is turned into special toys called cryptocurrencies.

1. The Toys are Cryptocurrencies 🪙

In a normal store: Money buys stuffed animals, cars, or blocks.

In Binance (the toy box): Money buys Cryptocurrencies.

The most famous cryptocurrency is Bitcoin (think of it as the most popular toy, like a highly sought-after action figure) but there are thousands of other "toys" or cryptocurrencies.