Binance is one of the world's largest cryptocurrency exchanges. It was founded in 2017 by Changpeng Zhao and initially based in China, but later relocated due to regulatory concerns. Binance offers a platform for trading a wide variety of cryptocurrencies, including Bitcoin, Ethereum, and many altcoins. In addition to spot trading, Binance provides services such as futures trading, margin trading, staking, savings accounts for cryptocurrencies, and a decentralized exchange (Binance DEX).

Binance is known for its high liquidity, large selection of cryptocurrencies, and relatively low trading fees. It also has its own cryptocurrency, Binance Coin (BNB), which can be used to pay for transaction fees on the platform at a discounted rate.