Binance is an exchange platform for cryptocurrencies and tokens. It is one of the leading exchanges by market volume and offers a wide range of trading pairs and altcoins.

In 2019, Binance launched a blockchain called Binance Chain, with the Binance Coin (BNB) as its native currency.

Binance created a second blockchain called Binance Smart Chain that runs parallel to the Binance Chain, creating a “dual-chain” system of two interacting blockchains. This dual-chain supports smart contracts and is compatible with the Ethereum Virtual Machine.

Q: What is Binance?

A: is an exchange platform for cryptocurrencies and tokens.

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