Binance Basics
Binance is a cryptocurrency exchange platform that launched in 2017. Its main focus is on cryptocurrencies trading and investing.
Cryptocurrency Trading
On Binance, users can trade between multiple cryptocurrencies. Through trading pairs, users can place buy and sell orders from their accounts
Binance Coin (BNB
Binance also operates its native cryptocurrency "Binance Coin" or BNB. BNB is used to reduce trading fees, participate in ICOs, and other services of the Binance ecosystem.