What is Binance?
Binance is the world’s most-used cryptocurrency exchange platform. It offers spot and futures trading, staking, lending, NFTs, and more — all in one app.
Key Features
- Spot, Futures, Margin & P2P Trading
- Over 350+ listed assets
- Launchpad, Earn, Auto-Invest
- Multi-chain support (BNB, ETH, BTC, etc.)
- Binance Card, NFT Marketplace
Pros & Cons
Pros:
- Lowest fees in the market
- Global liquidity & deep order books
- All-in-one dashboard for everything crypto
Cons:
- Not available in some countries (e.g. US → Binance.US)
- Complex for beginners
Frequently Asked Questions
Is Binance safe to use?
Yes — it uses multi-layered security, cold wallets, and SAFU insurance fund.
Can I stake or earn interest?
Yes — Binance Earn and Simple Staking allow you to earn yield on dozens of tokens.
Does Binance have a mobile app?
Yes — apps are available for iOS, Android, Windows, and macOS.
Do I need KYC?
Yes — KYC is required for most features, including trading and withdrawals.