Binance is a centralized cryptocurrency exchange located in Malta founded in 2017. Binance is the largest spot exchange in the digital asset space and provides access to an unparalleled selection of altcoin trading opportunities.
Binance allows for spot, margin and futures trading across a variety of assets, in addition to staking, lending and IEO services.
Binance is built around the BNB ecosystem token. BNB allows traders to save on trading fees as well as participate in the growth and success of the Binance exchange through quarterly token burns.
Binance has very competitive fees for a cryptocurrency exchange. The Binance fee schedule is available here.