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Binance
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AI Summary
Last updated Nov 9, 2026A leading cryptocurrency exchange, Binance enables users to trade a wide range of digital assets. It offers a platform for buying, selling, and exchanging cryptocurrencies with various features and tools that cater to both novice and experienced traders.
Founded on July 14, 2017, Binance operates as a centralized exchange based in the Cayman Islands. It ranks as the number one exchange globally, providing 334 trading pairs and listing 92 different coins. The platform has earned a Bitculator trust score of 8.0 out of 10, reflecting its reputation in the market.
Binance has grown rapidly since its inception, becoming one of the largest exchanges by trading volume. The company behind Binance has focused on expanding its offerings and services to meet the needs of its user base.
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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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