#2024WithBinance
Binance is a leading cryptocurrency exchange that provides a platform for trading various cryptocurrencies. Here are some key facts about Binance:
*History*
- Founded in 2017 by Changpeng Zhao (CZ) and Yi He
- Initially based in China, but later moved to Malta due to regulatory issues
*Features*
- Supports over 500 cryptocurrencies and 1000+ trading pairs
- Offers spot trading, margin trading, futures trading, and options trading
- Provides a user-friendly interface and mobile app
- Supports multiple languages, including English, Chinese, Japanese, and more
*Products and Services*
- Binance Coin (BNB): Binance's native cryptocurrency, which offers discounts on trading fees and other benefits
- Binance Smart Chain (BSC): A blockchain platform developed by Binance for building decentralized applications (dApps)
- Binance Launchpad: A platform for launching new cryptocurrencies and tokens
- Binance Labs: A venture arm that invests in blockchain and cryptocurrency projects
- Binance Charity: A philanthropic arm that supports charitable causes and projects
*Security*
- Uses a multi-tier and multi-cluster system architecture for added security
- Employs advanced security measures, such as two-factor authentication, anti-phishing measures, and more
- Has a strong focus on user security and has implemented various measures to protect user accounts and assets
*Regulation and Compliance*
- Registered in Malta and compliant with Maltese regulations
- Compliant with anti-money laundering (AML) and know-your-customer (KYC) regulations
- Has obtained licenses and registrations in various jurisdictions, including the United States, Singapore, and more
*Statistics*
- Has over 100 million registered users worldwide
- Processes over $1 billion in daily trading volume
- Supports over 1000+ trading pairs and 500+ cryptocurrencies
