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Binance
Founded by : Changpeng Zhao, 1 January 2002
About the Company
Binance, founded in 2017 and headquartered in Singapore, has established itself as the world's largest cryptocurrency exchange by daily trading volume. With a user base exceeding 120 million registered users, Binance processes over $1 trillion in daily trading volume and supports trading in more than 600 cryptocurrency pairs. Beyond facilitating cryptocurrency trading, the platform offers a wide range of cryptocurrency-related services, such as staking, lending, and margin trading, making it a comprehensive ecosystem for the digital asset space. Binance's impact on the world is significant. It has played a pivotal role in the global growth and adoption of cryptocurrencies, making it easy for individuals and businesses to buy, sell, and trade digital assets. Additionally, Binance's regulatory compliance efforts have contributed to legitimizing the cryptocurrency industry by providing a variety of regulated cryptocurrency products and services. Binance's unique value proposition lies in its combination of low fees, a wide variety of trading pairs, and a comprehensive suite of cryptocurrency services, all offered through a user-friendly and secure platform. In summary, Binance is the foremost global cryptocurrency exchange, with a massive user base and daily trading volume, making it a central player in the cryptocurrency ecosystem. It has not only simplified cryptocurrency trading but also played a crucial role in legitimizing the industry through its range of services and commitment to security.
Industry Type
According to the GICS (Global Industry Classification Standard) version of March 2023, Binance’s industry classification falls within the following categories:
- Sector: Financials
- Industry group: Financial Services
- Industry: Capital Markets
- Sub-Industry: Diversified Capital Markets
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Company Address
1 Wallich Street #09-03 GUOCO TOWER Singapore, 078881 Singapore
Source : Google maps