Binance is the world's largest cryptocurrency exchange by daily trading volume. Founded in 2017 by developer Changpeng Zhao, the company facilitates the buying, selling, and trading of digital currencies. Notably, Binance operates without a formal global headquarters, having moved its base from China to Japan and later to Malta in response to regulatory landscapes.
The platform's prominence stems from its massive scale and market influence. It is not only the leading exchange but also the largest single entity holding cryptocurrencies globally, with over $200 billion in digital assets under its control. This positions Binance as a central pillar of the entire crypto ecosystem.
Recently, Binance has been featured in news headlines for several operational and market-related reasons. These include analyses of its native token's price potential, reports highlighting its exceptionally low rate of illicit transactions compared to industry peers, and its inclusion in guides for new investors. The company has also been promoting its high-yield earning products and detailing its security preparations for major shopping events.
This ongoing media coverage reflects Binance's active role in expanding crypto accessibility through user-friendly services and its continuous efforts to maintain a secure and compliant trading environment for its vast global user base.
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