#bainancereward Binance is one of the world's largest cryptocurrency exchanges, and its relationship with Bitcoin is central to its business:
**Binance is a marketplace for Bitcoin.** It lets users buy, sell, and trade Bitcoin (BTC) against other currencies — both fiat (like USD, EUR) and other cryptocurrencies. It's one of the highest-volume Bitcoin trading platforms globally.
**Key connections:**
- **Trading:** Bitcoin is among the most traded assets on Binance, with massive daily volume in pairs like BTC/USDT.
- **Storage:** Binance provides wallets so users can deposit and withdraw Bitcoin.
- **Derivatives:** Binance offers Bitcoin futures and options for more advanced traders.
- **Conversion:** Users can convert Bitcoin to other cryptocurrencies or stablecoins directly on the platform.
**Important distinction:** Binance didn't create Bitcoin and has no control over it. Bitcoin is a decentralized network created by the pseudonymous Satoshi Nakamoto in 2009. Binance (founded by Changpeng Zhao in 2017) is simply a centralized platform built *around* trading Bitcoin and other crypto assets.
Binance also has its own cryptocurrency called **BNB (Binance Coin)**, which is separate from Bitcoin but can be traded against it on the platform.
In short: Binance is to Bitcoin roughly what a stock exchange is to a company's shares — a place to trade it, but not the thing itself
$BTC