"Binance is an exchange company that is responsible for handling the largest cryptocurrency exchange, Binance provides crypto trading with a wide range of virtual cryptocurrencies and tokens that include Bitcoin, Ethereum, Dogecoin, Litecoin, and a token of its own that is Binance coin. It also provides users with crypto wallets to store their cryptocurrencies. This platform provides you with services where users can buy and sell cryptocurrencies
Binance was founded by entrepreneur Changpeng Zhao who is also known as CZ, in July 2017. In no more than 180 days Binance gained popularity and became one of the largest digital asset exchange platforms. Binance was initially based in China and later moved to Japan, as the Chinese government had restricted cryptocurrency companies. The annual revenue of Binance for the year 2024 is US$12 billion."