Binance Training Course -1- What is Binance and How Does It Work?

🔹 What is Binance?

Binance is the world's largest cryptocurrency exchange by trading volume, offering a wide range of financial services, including spot trading, futures trading, staking, and decentralized finance (DeFi) solutions. It was founded in 2017 by Changpeng Zhao (CZ) and has since become a leading platform for buying, selling, and trading cryptocurrencies.

🔹 How Does Binance Work?

Binance operates as a crypto exchange platform that allows users to:

Buy & Sell Crypto → Users can buy cryptocurrencies using fiat (USD, EUR, etc.) via credit card, bank transfer, or peer-to-peer (P2P) trading.

Spot Trading → Users can trade cryptocurrencies in real-time at market prices.

Margin & Futures Trading → Binance offers leverage trading options, allowing users to borrow funds to trade larger positions.

Passive Income (Binance Earn) → Users can

earn rewards through staking, savings, and liquidity farming.

NFT & Web3 Services → Binance provides access to NFTs, decentralized finance (DeFi), and blockchain-based applications.

Security & User Protection → Binance has advanced security measures, including 2FA authentication, SAFU fund protection, and anti-phishing codes.

Binance supports hundreds of cryptocurrencies and operates in multiple countries, making it a go-to platform for both beginners and experienced traders.

If you don't have a Binance account, you can sign up here. CLICK HERE

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