Exchange Binance

The world’s largest cryptocurrency exchange provides a range of unique financial products and options, including research, trading, education, investments, philanthropy, infrastructure, decentralisation and more.

History

The crypto platform Binance has been in operation since 2017. It is led by founder Changpeng Zhao, known in the cryptocurrency community by his nickname CZ. A former futures trading software developer, research and development team leader, and technology director, he quickly took his own project to an international level with a range of services for traders and investors.

While there were around 20,000 registered users at the start, the following year the exchange became the global market leader in terms of trading volume. In 2020, average daily turnover reached 3.88 billion euros.

Spot Trading

Transactions are executed online in the form of exchanging financial instruments for cash.

Margin Trading

It is a type of trading that allows traders to use leverage for more expensive operations. In this case, a trader commits to finish the transaction by selling the purchased bitcoins rather than buying some commodities with them.

Futures

Futures trading is available for cryptocurrencies such as: Litecoin, Bitcoin, Bitcoin Cash, EOS, Ethereum and Ripple. Leverage is up to 75 for altcoins and 1-125 for bitcoin.

P2P

Binance P2P allows you to buy and sell cryptocurrencies with over 150 payment options including cash, wire transfer and e-wallets.

Verification

Verification is required for transactions in fiat currencies or for withdrawals from 06 to 100 BTC per day.

Ecosystem Binance Chain

Secure public blockchain system with instant transactions, created in collaboration with a global community of developers.

Binance DEX

Decentralised version with private key storage and wallet management on a distributed network of nodes.

Binance Smart Chain

It has similarities with Binance Chain, with the difference in the functionality of smart contracts and adaptation to the Ethereum Virtual Machine (EVM). The blockchain is designed to provide high throughput for Binance Chain by equipping it with smart contracts. It is able to work in conjunction with its predecessor and in the event of its disruption. The design of their chains is almost identical to each other. The good compatibility of the BSC network with EVMs serves to guarantee the support of many Ethereum and DApps tools. This translates into the portability of projects from Ethereum.

NFT Marketplace

Launched in 2021, the Binance NFT Marketplace is represented by all types of digital art and collectibles.