Binance is a global cryptocurrency exchange that provides a platform for trading various cryptocurrencies. Founded in 2017 by Changpeng Zhao, who is also known as “CZ,” Binance quickly rose to prominence and became one of the largest exchanges in the world by trading volume. The company was initially based in China but later moved its headquarters to Malta, citing a more favorable regulatory environment. Binance offers a wide range of services including cryptocurrency trading, digital wallet services, and even its own blockchain called Binance Chain. The platform is known for its high throughput, advanced trading features, and robust security measures. Binance has played a significant role in the broader adoption and development of cryptocurrency and blockchain technologies globally.
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I like how the company has influenced the crypto space, but I was never a fan of their interface—it’s not easy or intuitive software at all.