Binances DeFi Gamble: Innovation Or Systemic Risk?
Binance has revolutionized the cryptocurrency landscape, growing from a small exchange to a global powerhouse in just a few years. Its vast ecosystem, encompassing trading, staking, education, and more, attracts millions of users worldwide. This comprehensive guide explores Binance, dissecting its features, benefits, and potential drawbacks to provide a balanced perspective for both novice and experienced crypto enthusiasts.
What is Binance?
The Binance Origin Story
Binance, short for "Binary Finance," was founded in July 2017 by Changpeng Zhao (CZ) and Yi He. Initially based in China, it quickly relocated its servers and headquarters due to regulatory changes. This adaptability became a hallmark of Binance's growth strategy. Within months, it became one of the world's largest cryptocurren...