About Binance
Binance is a cryptocurrency exchange launched in 2017 and currently based in Malta. Since early 2018, Binance is considered the biggest cryptocurrency exchange in the world in terms of trading volume.
Binance services are offered at one of the lowest rates of fees compared to other cryptocurrency exchange services. Interestingly, for all trades, it charges only a 0.1% fee on the exchange. In addition, Binance doesn’t charge any fee for deposits or withdrawals.
On April 2nd, 2020, Binance reported its acquisition of CoinMarketCap, the popular aggregator for exchange volume and cryptocurrency market cap rankings.