The company describes its functionalities as the ability to pay exchange fees, participate in token sales on the Binance Launchpad, and trade on the Binance DEX. Binance Coin (BNB): BinanceвЂ™s own cryptocurrency.DeFi Staking: BinanceвЂ™s decentralized financial service offers staking in several coins like Bitcoin (BTC), Binance Coin (BNB), BUSD, and USDT, where staking traders can earn interest upwards of 10% per year.Binance also has a decentralized exchange (DEX), a mobile app, and a responsive web platform. Cryptocurrency Exchange: Spot trading, margin trading, futures, options, P2P, and crypto derivatives trading on more than 150+ cryptocurrencies.Traders can use Binance via the web platform, or the mobile app, both of which we review in detail.ДЇiat-Cryptocurrency Pairs, Cryptocurrency Pairs (Spot, margin, futures, options), P2P tradingДЎ50+ (See all available cryptocurrencies)Д«uilt-in exchange wallet, Binance Trust WalletДЎ5+ (More with P2P trading - see all available fiat currencies)Д¬rypto transfers, Bank card (Visa, MasterCard), Wire Transfers (via Faster Payments), PayID/Osko, SEPA transfer, iDeal, Advash, Etana, Mobile Money, Payeer, Papara, SettlePay, SWIFT, SEN, Vietcombank (More with P2P trading - see all available payment methods)Д¬hat bot, support tickets via e-mail, knowledgebase & FAQsД¬rypto loans, Binance Academy, Binance Broker, Binance Charity, Binance Cloud, Binance Labs, Binance Launchpad, Binance ResearchДЄlongside the above summary, hereвЂ™s a list of the key services Binance offers to cryptocurrency traders: Traders can also trade peer-to-peer in six different cryptocurrencies. Other aspects of the company include Binance Finance, where traders can partake in stake pools, token launch funds, and fixed interest crypto loans. With over 900 spot trading currency pairs and over 300 coins, Binance also offers margin, futures, and vanilla options trading. They are not regulated by any financial industry authority, though this may change in the near future.

The companyвЂ™s web servers are currently located in Japan as a result of Chinese regulatory tensions in 2017. Binance is headquartered in Malta with several independent registered entities.

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