Binance Is The World's Largest Cryptocurrency Exchange By Trading Volume. As Of August 2022, Binance Exchange Has A Daily Trading Volume Of $76 Billion And 90 Million Users Worldwide. The Platform Has Become A Trusted Member Of The Cryptocurrency Space, Allowing Users To Buy, Sell And Store Their Digital Assets On The Platform, And Access More Than 350 Cryptocurrencies And Thousands Of Trading Pairs On The Platform. Currently, The Binance Ecosystem Consists Of Binance Exchange, Labs, LaunchPad, Info, Academy, Research, Trust Wallet, Charity, NFT, Etc.

The Global Company Was Founded In China By Changpeng Zhao And He Yi. Changpeng Zhao (nickname CZ) Is Currently The CEO Of The Company. He Is A Chinese-Canadian Developer And Business Executive. He Studied At McGill University In Montreal And Is Also A Successful Entrepreneur. Previously, He Served As The Head Of The Research And Development Team Of Bloomberg Futures Trading Book, Founded Fusion Systems, And Served As The Head Of Technology In Blockchain.com.

He Yi Is The Chief Marketing Officer Of Binance And The Head Of Binance Labs, The Company's Venture Capital Arm. He Yi Served As The Vice President Of Yixia Technology, A Leading Mobile Video Technology Company In The Industry, And Is The Co-founder Of OKCoin, A Digital Asset Exchange.

Binance Was Founded In June 2017 And Grew To Become The World's Largest Cryptocurrency Exchange Within 180 Days.

According To Binance's Terms Of Use, The Restricted Use Regions Include The United States, Singapore, And Ontario, Canada. However, There Are Also Some Countries That Have Restrictions On The Use Of Binance Due To Their Regulations, Such As China, Malaysia, Japan, The United Kingdom, Thailand, Etc. In Addition, Futures And Derivatives Functions Are Not Available In Germany, Italy, And The Netherlands. In September 2019, The Binance.US, Which Provides Services Exclusively For US Users, Was Officially Launched.

The Platform Is User-friendly And One Of The Cheapest Platforms For Processing Fees. It Offers Options For Multiple Trading Types And A Range Of Advanced Trading Tools For Experienced Investors. The Exchange Charges Fees Through A Tiered System, Ranging From Average Users To Level 9 VIP. A 0.1% Pending Order Fee Is Charged For Spot Transactions Of Average Users. From July 2022, Binance Announced That Bitcoin Spot Trading Pairs Will Be Free Of Fees, And This Preferential Policy Will Be Extended To ETH/BUSD Trading Pairs From August.

Traders Can Raise Funds And Participate In Margin Trading At Binance Margin, And Then Trade Cryptocurrencies With 10x Leverage. In Addition, Users Can Also Use Derivatives (such As Bianace Futures) To Liquidate In USDT, BUSD Or Other Cryptocurrencies, Or Operate Leveraged Trades At Bianace Options.