What is Binance? Binance is known for being one of the world’s leading cryptocurrency exchanges . On the Binance cryptocurrency exchange, users can buy, trade, and sell cryptocurrency. Although this cryptocurrency exchange is the main reason why most people know or have heard about Binance, it also offers other types of products and services in the world of crypto. What is Binance? In simple terms, Binance is a company with a digital ecosystem focused on cryptocurrencies. Some of the main product offerings that Binance offers are: Cryptocurrency exchange – Binance Exchange Binance Coin – BNB Coin Binance Chain – BNB Chain Binance Smart Chain – BNB Smartchain Launchpad – Binance Launchpad Wallet/Wallet for cryptocurrencies – Trust Wallet Note: If you do not have a basic understanding of what cryptocurrencies are, I recommend you first read our article on What Are Cryptocurrencies? The beginning of Binance Binance was founded in July 2017 by its current CEO, CZ (Changpeng Zhao). At first, Binance acted solely as a cryptocurrency exchange (digital platform where users can buy, sell and trade cryptocurrencies) and it would, in just one year, become the largest cryptocurrency exchange in the world. Cryptocurrency exchange ( Binance Exchange ) Binance Exchange […] read more