Back to glossary


Binance is a cryptocurrency exchange platform that allows users to trade various cryptocurrencies. It was founded in 2017 and is headquartered in Malta, although it has offices and operations in various countries around the world. Binance has quickly become one of the largest and most popular cryptocurrency exchanges, offering a wide variety of trading pairs, competitive fees, and a user-friendly interface.

Binance offers several features to its users, including spot trading, margin trading, futures trading, and options trading. Users can also participate in the Binance Launchpad, which allows them to invest in new cryptocurrency projects before they are listed on other exchanges.

Binance has its own native cryptocurrency, Binance Coin (BNB), which is used to pay for trading fees and other services on the platform. Binance also offers a mobile app for iOS and Android, allowing users to trade on-the-go.