Binance is a cryptocurrency exchange platform that combines digital technology and finance.
Binance is a blockchain ecosystem comprised of Exchange, Labs, Launchpad, and Info. Binance Exchange is one of the fastest growing and most popular cryptocurrency exchanges in the world.
The company was founded in China but moved its servers and headquarters out of China and into Japan in advance of the Chinese government ban on cryptocurrency trading in September 2017. By March 2018 the company had established offices in Taiwan. As of September 2018 it was largest crypto-exchange with a BNB market capitalization of $1.3 billion.
OpenEden and Binance Wallet have launched a six-week airdrop campaign distributing 20 million EDEN tokens to eligible users, while ticker confusion caused an unrelated EDEN token to jump 250% in 24 hours.
Binance has listed Plume Network’s PLUME token after distributing 150 million tokens to BNB holders via a retroactive airdrop.
Binance Coin (BNB) price has hit a new all-time high (ATH) to reach $864, with much of this positive sentiment driven by growing institutional demand.