Binance, one of the world’s largest cryptocurrency exchanges, is not a publicly-traded company. That means there’s no Binance stock that you can buy.
However, that doesn’t mean you can’t invest in Binance. Here’s a look at how you can get exposure to this high-flying company.
Binance is a cryptocurrency exchange that allows traders to buy and sell digital assets such as Bitcoin, Ethereum, and Litecoin. The company was founded in 2017 by Changpeng Zhao and Yi He.
Binance is headquartered in Malta and has offices in Japan, Taiwan, and Hong Kong.
The company has been incredibly successful since its launch. In just over two years, Binance has grown to become the largest cryptocurrency exchange in the world by trading volume.
The company’s success is due in part to its low trading fees and easy-to-use platform.
Binance is not a publicly-traded company, which means there is no Binance stock that you can buy. However, there are a few ways that you can get exposure to the company.
One way to invest in Binance is through its native token, Binance Coin (BNB). BNB is an ERC20 token that runs on the Ethereum blockchain.
Binance Coin can be used to pay for trading fees on the Binance exchange. holders of BNB also receive discounts on trading fees.
Another way to get exposure to Binance is through its equity crowdfunding platform, Launchpad. Launchpad is a platform that allows blockchain startUPS to raise capital by selling tokens to investors.
Binance takes a small percentage of each token sale as a fee.
So far, Launchpad has been a success with both investors and startUPS. The platform has helped startUPS such as BitTorrent and Celer Network raise millions of dollars from investors.
And investors have made healthy profits from these token sales as well.
If you’re looking for an investment with high potential returns, then investing in Binance may be right for you. While there is no Binance stock that you can buy, there are other ways to get exposure to this high-flying company.