Binance Launched in July 2017, and is the largest cryptocurrency exchange globally (based on daily trading volume). Binance wants to bring cryptocurrency exchanges to the forefront of financial activity around the globe.
The name stands for — Binary Finance.
Aside from being the largest cryptocurrency exchange. Binance launched an ecosystem of functionalities for users. The Binance network includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet and Research projects, which all employ Blockchain Technology to bring new-age finance to the world. Binance Coin is an integral part of the successful functioning of many of the Binance sub-projects.