Binance is a cryptocurrency exchange that was founded in 2017 by Changpeng Zhao, a Chinese-Canadian entrepreneur. Prior to founding Binance, Zhao had worked for several other cryptocurrency exchanges, including OKCoin and Blockchain.info. He also founded BijieTech, a company that developed high-frequency trading systems for financial institutions. Binance quickly became one of the most popular cryptocurrency exchanges in the world, thanks to its low fees, wide range of trading pairs, and user-friendly interface.

Binance is headquartered in Malta, a small island nation in the Mediterranean Sea. The company moved its operations to Malta in 2018, after facing regulatory pressure in China and Japan. Malta has become a popular destination for cryptocurrency companies, thanks to its friendly regulatory environment and its efforts to become a hub for blockchain innovation. Binance has also established offices in other countries, including the United States, Singapore, and South Korea.

Since its launch, Binance has become one of the largest cryptocurrency exchanges in the world, with a daily trading volume of over $2 billion. The exchange offers trading in a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many others. Binance also offers a number of other services, including a cryptocurrency wallet, a decentralized exchange, and a platform for launching new blockchain projects. The company has been praised for its innovative approach to cryptocurrency trading, and for its commitment to security and user privacy.