Binance History and overview
Binance is one of the world’s largest and most popular cryptocurrency exchanges. It was founded in 2017 by Changpeng Zhao, who is also the exchange’s current CEO. Binance is based in Malta and has offices in Taiwan, Japan, and the United States.
The exchange has become popular due to its wide selection of coins, its low fees, and its ability to process orders quickly. Binance supports more than 150 cryptocurrencies, including Bitcoin, Ethereum, Ripple, Litecoin, and more. It also offers over 400 trading pairs.
Binance is unique in that it is also a decentralized exchange, meaning that users trade directly with each other, cutting out the middleman. This makes it faster and more secure than traditional exchanges. The exchange also offers a variety of security measures, such as two-factor authentication, cold storage, and more.
In addition to trading, Binance also offers a host of other services, such as an initial coin offering platform, a wallet, and a cryptocurrency exchange. It also has a charitable arm called Binance Charity, which provides educational resources and other aid to developing countries.
Binance is currently one of the most popular cryptocurrency exchanges in the world and is continuing to grow as it adds more coins and services to its platform.