Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. As of January 2018, Binance was the largest cryptocurrency exchange in the world in terms of trading volume.
Binance was founded in 2017 by Changpeng Zhao, who is also the CEO of the company. Binance is headquartered in Malta.
The company has a strong focus on security and has implemented a number of measures to ensure the safety of user funds.
In addition to its focus on security, Binance also offers a number of features that make it one of the most popular cryptocurrency exchanges. These include a user-friendly interface, low trading fees, and a wide range of supported cryptocurrencies.
Despite its popularity, there are some risks associated with investing in Binance. These include the possibility of hackings and scams.
There is also the risk that the value of Bitcoin and other cryptocurrencies could drop sharply, which would lead to losses for investors.
Overall, Binance is a popular and secure cryptocurrency exchange that offers a number of features that make it an attractive option for investors. However, there are some risks associated with investing in any cryptocurrency exchange, so investors should do their research before deciding whether or not to invest.