binance.com
Binance is currently the largest cryptocurrency exchange in the world by trading volume. Founded in 2017 by Changpeng Zhao, also known as "CZ," the platform quickly gained global popularity due to its wide range of cryptocurrencies, low fees, and innovative trading solutions for digital assets.
Key Facts About Binance
Founded: 2017
Founder: Changpeng Zhao (CZ)
Country of Registration: Initially China, then Malta, now operating under a global structure
Daily Trading Volume: Over $20 billion (as of 2024)
Number of Supported Cryptocurrencies: Over 350
Number of Users: Over 150 million
Binance’s Offer – What Makes the Platform Stand Out?
1. A Wide Range of Services
Binance is not just an exchange but a comprehensive financial ecosystem for cryptocurrency investors. Users can benefit from:
Spot Trading – Buying and selling cryptocurrencies on the open market.
Futures & Margin Trading – Derivatives with leverage up to 125x.
Binance Earn – Earning passive income through staking and crypto savings accounts.
NFT Marketplace – A platform for buying, selling, and creating NFTs.
Binance Card – Enables payments with cryptocurrencies worldwide.
Binance Launchpad – Investing in newly emerging cryptocurrency projects.
2. The Lowest Fees in the Market
Binance leads the market with its competitive transaction fees:
0.1% for spot trading
0.02% – 0.04% for futures trading
Additionally, users who pay fees with the BNB token receive a 25% discount.
3. The Binance Ecosystem and Binance Coin (BNB)
The BNB token is a key element of the Binance ecosystem and can be used for:
Paying trading fees,
Investing in new projects,
Purchasing NFTs,
Receiving discounts and rewards through Binance Earn.
Security and Regulatory Compliance
Binance has focused on security since its inception. It has implemented the SAFU (Secure Asset Fund for Users) – a fund designed to protect user assets in the event of a hack. The platform is also working on complying with regulations in various countries, although it has faced restrictions in jurisdictions like the US and the UK.
Conclusion – Why Choose Binance?
Binance is not just a cryptocurrency exchange but a true blockchain innovation hub. With its high liquidity, extensive offerings, and advanced trading features, it is an ideal platform for both beginners and professional traders. Despite regulatory challenges, Binance continues to dominate the cryptocurrency market, offering users the best conditions for trading and investing in digital assets.
Is Binance the best cryptocurrency exchange in the world? For many traders, the answer is a resounding YES.
For more details, visit Binance.com.
Category: Cryptocurrency
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