Binance stands as one of the foremost cryptocurrency exchanges globally, recognized for its vast size and immense popularity. Established in 2017 by Changpeng Zhao (CZ), Binance has experienced rapid growth and emerged as a dominant force in the realm of digital asset trading.

The exchange boasts an extensive selection of cryptocurrency trading pairs, enabling users to engage in the buying, selling, and exchanging of various digital assets. Binance's trading platform is designed to be user-friendly and intuitive, catering to both novice traders and seasoned professionals. It offers a range of advanced trading features, including spot trading, futures trading, margin trading, and more.

One of the key distinguishing factors of Binance is its remarkable variety of available cryptocurrencies. The exchange supports an extensive array of tokens, encompassing major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB), along with a multitude of alternative coins and newly introduced tokens.

In addition to its trading platform, Binance has introduced several complementary services and products. These include Binance Launchpad, a platform that facilitates token sales and initial coin offerings, Binance Pool, which caters to cryptocurrency mining, Binance Card, which enables purchases with crypto, and Binance Academy, a valuable resource for educational materials.

Furthermore, Binance operates its own native blockchain called Binance Chain, as well as a decentralized exchange known as Binance DEX. These platforms provide users with additional options for trading and accessing decentralized finance (DeFi) applications.

Security remains a paramount concern for Binance, and the exchange is committed to ensuring the protection of user funds against cyber threats. Binance implements robust security measures such as two-factor authentication (2FA), cold storage for asset storage, and regular security audits to maintain a high level of protection.

Binance

BNB is a native cryptocurrency for Binance exchange and BNB Chain ecosystem.

BNB is a cryptocurrency created by Binance Exchange in 2017. Binance, which quickly became the top cryptocurrency exchange by trade volume, launched BNB as a utility token for its platform. Over time, the Binance Ecosystem has expanded to include the Binance Smart Chain network and Binance Chain, which includes the Binance DEX. Binance has continued to expand the utility of BNB beyond its initial purpose by offering various services directly on the Binance Exchange and through partnership agreements outside of the centralized exchange.

BNB also has various use cases within the Binance ecosystem, including:

Trading fee discounts. Users who hold BNB can use it to pay for trading fees on the Binance Exchange, and receive a discount depending on how much BNB they hold
Staking. Binance offers several staking options for BNB holders, such as staking BNB to earn rewards in other cryptocurrencies
Initial Coin Offerings (ICOs). Binance Launchpad is a platform for hosting token sales, and requires participants to hold BNB to participate
Payment. Binance has partnered with various merchants to allow customers to pay with BNB for goods and services

BNBBNB

Binance will make an announcement

Binance