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.
Binance announced plans to move $1 billion from its Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin over the next 30 days.
Binance will list BNB/U, ETH/U, KGST/U, SOL/U, TRX/USD1, and USD1/U on Tuesday, January 27, at 08:30 (UTC).
Binance has applied for an EU-wide MiCA license in Greece, marking further expansion of its presence in Europe.