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 introduced stricter compliance rules for South African users, requiring detailed sender and receiver info for crypto transfers.
Solana is currently trading near $140 as a whale deposits $13.9M to Binance for a potential sell-off.
Galaxy Digital transfers over $99 million in Ethereum to exchanges, raising questions about market strategy and investor sentiment.