Binance is one of the world’s largest cryptocurrency exchanges. It provides a platform for buying, selling, and trading a wide range of cryptocurrencies, including Bitcoin, Ethereum, and many altcoins. Binance offers various services beyond spot trading, such as futures and margin trading, staking, savings products, a crypto wallet, and a launchpad for new token projects.

Founded in 2017 by Changpeng Zhao, Binance has grown rapidly due to its high liquidity, wide selection of coins, low trading fees, and advanced trading tools. It also has its own native cryptocurrency called BNB (Binance Coin), which is used for paying fees on the platform, participating in token sales, and other functions within the Binance ecosystem.