Why is Binance so popular?

Binance is a popular cryptocurrency exchange that launched in 2017. Its explosive growth is attributed to the combination of low trading fees and fast transactions. Binance also has its own token, Binance Coin (BNB). The name Binance is a mashup of the words ‘binary’ and ‘finance’. Who created Binance?

Is Binance a crypto exchange?

Fiat to crypto – Binance is largely known as a crypto to crypto exchange. That means that you can’t trade fiat money (like the US Dollar) on the platform for cryptocurrencies. You first need to use another platform like Coinbase that specialises in fiat to crypto exchange, then bring that cryptocurrency to Binance.

Who is CZ Binance?

He launched Binance in July 2017 and, within 180 days, grew Binance into the largest digital asset exchange in the world by trading volume. An pioneer within the blockchain industry, CZ has built Binance into the leading blockchain ecosystem, comprised of Binance Exchange, Labs, Launchpad, Academy, Research, Trust Wallet, Charity, NFT, and more.

What is Binance (BNB)?

Binance is the biggest cryptocurrency exchange that offers a simple and smooth interface with a variety of features to users. From the verification procedure to trading methods, this guide has covered it all for beginners! What Is Binance? What Is Binance Coin (BNB) And How To Buy It? How Safe Is Binance?