**The Journey of Binance: From Launch to Global Leader**
Binance launched in July 2017, founded by Changpeng Zhao (CZ) with a vision to create a fast, secure, and user-friendly cryptocurrency exchange. It quickly gained popularity due to its wide range of cryptocurrencies, low fees, and innovative features. Within months, Binance became the world’s largest exchange by trading volume.
As it grew, Binance introduced new features like futures trading, margin trading, and its native token, Binance Coin (BNB). BNB started as a way to get discounted trading fees but has since evolved into a versatile asset. In 2020, Binance launched the Binance Smart Chain (#BSC ) to support decentralized applications (dApps) and DeFi projects, further expanding its ecosystem.
Today, Binance is more than just an exchange; it’s a global financial powerhouse offering a variety of services, from education to philanthropy. Despite challenges like regulatory scrutiny, Binance continues to lead the crypto world, driven by innovation and a commitment to making cryptocurrencies accessible to everyone.