BTC: 60.04
ETH: 12.24
Binance
Spot Trading volume (within 24 hours)
$138,919,134,364.97

About Binance

Binance is a centralized cryptocurrency exchange established in 2017 and is registered in Cayman Islands. Currently, there are 407 coins and 1408 trading pairs available on the exchange. Binance 24h volume is reported to be at $16,767,556,243.66, a change of 1.73% in the last 24 hours. Binance has $135,163,802,786.79 in Exchange Reserves. The most active trading pair is BTC/FDUSD with a 24h volume of $2,654,654,043.90. One of the world’s largest cryptocurrency exchanges by trading volume, offering a wide range of services including spot, futures, and staking options.

Common problems
What does centralized exchange mean?
A centralized exchange generally refers to a custodial asset trading place controlled and managed by a company or operating entity. Users need to deposit their assets on the platform to start trading. In traditional finance, stock exchanges such as NYSE, Nasdaq, etc. are all centralized exchanges. Binance, Coinbase, and Kraken are centralized exchanges in the crypto industry. Their operations are similar to Nasdaq, using a central order book model to match transactions and determine asset prices.
What fiat currencies does Binance support?
Binance currently supports 11 types, including EUR, GBP, BRL, AUD, UAH, RUB, TRY, ZAR, PLN, NGN, RON.
Spot Exchange
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