What is Binance? What kind of usage areas are there?
There are trainings on Binance transactions.
It is one of the largest cryptocurrency exchanges in the world. Founded in China in 2017, Binance has grown rapidly in a short time and gained popularity around the world.
Headquartered in Malta, Binance provides a platform for buying, selling and trading cryptocurrencies.
Binance offers its users a wide selection of cryptocurrencies and they can trade many different cryptocurrencies.
In addition, Binance also offers users different financial products such as derivative transactions, futures, cryptocurrency loans and staking.
On the Binance platform, users can trade cryptocurrencies against other users or against market prices.
Additionally, Binance offers various advantages with its own cryptocurrency, Binance Coin (BNB), and allows users to pay transaction fees on the platform at a discount.
Binance also offers educational resources like Binance Academy to help users better understand the cryptocurrency world. Binance's mobile application also allows users to make transactions easily and quickly.
However, using cryptocurrency exchanges like Binance is risky and investors should generally do their own research and act according to their own risk tolerance. Additionally, since the prices of cryptocurrencies are highly volatile, users should manage their investments carefully.