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Binance (Cryptocurrency Exchange)
HomeGlossary TermsBinance (Cryptocurrency Exchange)

Binance (Cryptocurrency Exchange)

June 22, 2023BY Ubik Capital
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Established in 2017, Binance is a prominent cryptocurrency exchange offering a wide range of services, including spot trading, staking, lending, borrowing, a non-fungible token (NFT) marketplace, and various types of derivative trading solutions. Binance operates two distinct blockchains: BNB Smart Chain (formerly Binance Smart Chain) and BNB Beacon Chain (previously Binance Chain). Collectively known as BNB Chain, these blockchains provide a foundation for Binance’s operations.

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