Binance is a global cryptocurrency exchange founded in 2017. It allows users to buy, sell, and trade hundreds of cryptocurrencies with low fees, often discounted using its native token, BNB. Users can access features like spot trading, futures, staking, lending, and token launches. Binance offers a custodial wallet, holds most funds in cold storage, and has a Secure Asset Fund for Users (SAFU) for protection. It also operates the BNB Chain, supporting smart contracts and decentralised apps. With strong security, a wide range of services, and high liquidity, Binance is one of the crypto industry’s largest and most trusted platforms.
