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Binance
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AI Summary
Last updated Oct 23, 2026A leading cryptocurrency exchange, Binance facilitates the trading of various digital assets. Users can access a wide range of trading pairs and coins, making it a popular platform for cryptocurrency transactions.
Founded on July 14, 2017, Binance is a centralized exchange based in the Cayman Islands. It ranks first among exchanges and offers 343 trading pairs with 92 listed coins. Bitculator's trust score for Binance is 8.6 out of 10.
Binance was established by Changpeng Zhao, who has played a significant role in its development and expansion. The exchange quickly grew in popularity, becoming one of the largest platforms in the cryptocurrency market.
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Frequently asked questions
What is Binance and where is it based/located?
Binance is a centralized exchange (CEX) that offers a variety of trading types including Spot, Margin, Leverage, Futures, Perpetual, and Swap trading. It also supports bot and algorithmic trading. Binance has its own exchange token, known as BNB. Binance was founded by Changpeng Zhao (CZ) in 2017 and is headquartered in Cayman Islands.
Is Binance safe & legit?
How much are Binance fees?
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