Binance: What It Is, How It Works, and What You Need to Know

When you hear Binance, the world’s largest cryptocurrency exchange by trading volume. Also known as BNB Chain ecosystem hub, it powers over 90% of all crypto trades involving BNB and supports hundreds of tokens across spot, futures, and staking. It’s not just a platform—it’s a whole ecosystem. Millions use it daily to buy Bitcoin, trade altcoins, earn interest, or launch new tokens. But not everything on Binance is what it seems. Some tokens listed there have no real use. Others are pure speculation. And while Binance offers low fees and fast trades, it’s also where many new investors lose money because they don’t understand what they’re actually buying.

Binance isn’t just one thing. It’s a crypto exchange, a platform where you buy and sell digital assets, a blockchain network, called BNB Chain, that runs smart contracts and powers DeFi apps, and a launchpad, where new tokens get their first listing. You’ll find posts here about tokens like Gifto (GFT) that moved from Ethereum to BNB Chain, or Baby Doge Swap that runs on the same network. You’ll also see warnings about low-cap tokens like Bitcointry (BTTY) that exist only because they got listed on Binance’s smaller exchanges. The platform doesn’t vet every token—it just lets projects pay to list. That’s why you need to do your own homework.

What you’ll find in these posts isn’t marketing fluff. It’s real analysis. People are asking: Is Binance safe? Why does BNB have so much value? What’s the difference between trading on Binance.com and Binance.US? Why do so many memecoins appear here first? You’ll get answers about fees, security, how BNB Chain compares to Ethereum, and why some traders avoid Binance altogether after regulatory crackdowns. You’ll also see how Binance’s own token, BNB, ties into everything—from paying fees to accessing airdrops. This isn’t a guide to getting rich. It’s a guide to not getting fooled.