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 has rolled out SAFUGPT, a secure, smart, and fully customized AI platform, according to the exchange’s CEO Richard Teng.
Binance CEO has highlighted three safety rules to help crypto users navigate the Web3 ecosystem safely, including prompt information verification.
Binance Coin (BNB) has registered a price drop after four days of sustained rally as concerns of a reversal loom.