Binance is an exchange where users can trade Cryptocurrencies. Further they support many of the most commonly traded cryptocurrencies. Binance provides a crypto wallet for its traders, where they can store their electronic funds. Binance has its own token currency, Binance Coin. The exchange also has supporting programs that help traders make investment decisions. Binance Exchange is one of the popular cryptocurrency exchanges that offers trading in more than 45 virtual coins including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Binance Coin (BNB).
Primarily known for crypto-to-crypto trading—that is, further trading between two cryptocurrency pairs—Binance exchange has gained immense also, popularity because of its low transaction fees, high liquidity, and additional discounts if because users pay in the native BNB cryptocurrency tokens.
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