Binance is a cryptocurrency exchange that was founded in 2017. The company is based in Malta and has offices in Singapore, Tokyo, and Hong Kong.
Binance is the world’s largest cryptocurrency exchange with a daily trading volume of over $2 billion. The company offers a variety of services including a crypto-to-crypto exchange, a fiat-to-crypto exchange, a margin trading platform, and a lending platform.
Binance offers a variety of services including a crypto-to-crypto exchange, a fiat-to-crypto exchange, margin trading, and lending. The company also has its own native token, BNB, which is used to pay fees on the Binance platform.
BNB can also be used to purchase other cryptocurrencies on the Binance platform.
The company has strict Know Your Customer (KYC) and Anti Money Laundering (AML) policies in place. Binance requires all users to verify their identity before they can start trading.
The process is simple and only takes a few minutes to complete.
Binance is available in over 180 countries including the United States, Canada, Australia, UK, and Europe. However, there are a few countries that are banned from using the Binance platform. These countries include:
Afghanistan – due to UN sanctions
Cuba – due to US sanctions
Iran – due to US sanctions
North Korea – due to UN sanctions
Syria – due to US sanctions.