Binance is a cryptocurrency exchange founded in 2017 by Changpeng Zhao, a Chinese-Canadian programmer and entrepreneur. The company is headquartered in Malta and has quickly grown to become one of the largest and most popular cryptocurrency exchanges in the world.
Binance was initially launched as a platform for trading between different cryptocurrencies, but has since expanded to offer a wider range of services, including the ability to buy and sell cryptocurrencies using fiat currencies. The company has also launched its own native cryptocurrency, Binance Coin (BNB), which is used as a utility token on the Binance platform and has gained significant value and popularity in the crypto market.
In addition to its core exchange business, Binance has also launched a number of other ventures, including a decentralized exchange (DEX), a research and education platform called Binance Academy, and a philanthropic arm called the Binance Charity Foundation.
Binance has faced some controversy and legal challenges in the past, including allegations of insider trading and money laundering. However, the company has continued to grow and expand, and is widely regarded as a major player in the cryptocurrency industry.