Binance, launched in 2017, is the world’s largest cryptocurrency exchange by trading volume, serving over 230 million users globally. As of January 2025, it offers trading for more than 400 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and its native token, Binance Coin (BNB). The platform boasts a daily trading volume exceeding $30 billion, making it a key player in the crypto market.
Binance provides a diverse range of services, including spot trading, margin trading with leverage up to 125x, and futures contracts. Users can also engage in passive income generation through its “Earn” platform, which includes staking and liquidity pools. Additionally, Binance has expanded into decentralized finance (DeFi) and NFTs, further diversifying its offerings.
Despite facing regulatory scrutiny in various regions, Binance continues to dominate the crypto landscape with innovative features and a commitment to user experience. Its robust security measures and low trading fees enhance its appeal among traders.