Binance is the largest cryptocurrency exchange in the world by daily trading volume, founded in 2017 by Changpeng Zhao. Initially based in China, the company has since relocated its operations to various countries and is currently registered in the Cayman Islands. Binance allows users to trade over 350 cryptocurrencies, offering competitive fees and high liquidity.

The company provides a wide range of services, including a decentralized exchange for peer-to-peer trading, peer-to-peer lending, and staking services. Binance also has its own cryptocurrency, Binance Coin (BNB), which is used for trading fee discounts and features deflationary mechanisms. Additionally, Binance Labs invests in blockchain and Web3 projects, while Binance Academy offers educational resources to help users navigate the crypto space. With millions of users globally, Binance caters to both novice and experienced traders.