Binance, founded in 2017 by Changpeng Zhao, is the world’s largest crypto exchange by trading volume. It lists hundreds of tokens, including Bitcoin, Ethereum, and its native BNB, which reduces fees. Users can trade spot, futures, margin, and options, while earning through staking, savings, and liquidity pools. Binance also offers an NFT marketplace, token launchpad, and learning hub. Security features include 2FA, cold storage, and the SAFU fund. Despite regulatory scrutiny in some regions, it remains popular for low fees, deep liquidity, and innovation. Its mobile app and Web3 wallet let users manage assets, explore DeFi, and interact with decentralized applications easily, creating a complete crypto ecosystem for both beginners and professional traders worldwide.
