# Binance > The World’s Leading Cryptocurrency Exchange Binance is a cryptocurrency exchange offering spot and derivatives trading alongside a broader suite of digital asset services. It serves individual and institutional users worldwide with trading, staking, payments, and research tools. Binance is a cryptocurrency exchange and digital asset company operating a global trading platform alongside a wider ecosystem of related services. It offers spot and derivatives trading, staking, payments, and card products, supporting a range of digital assets. The platform serves individual traders, institutional clients, and businesses seeking access to digital asset markets. The exchange addresses the need for centralized, liquid marketplaces where users can convert, hold, and transfer digital assets. It operates through licensed and regulated entities in various jurisdictions and publishes information on its compliance and security practices. Its infrastructure supports order matching, custody, and settlement functions for a wide range of supported assets. Beyond its exchange, Binance's broader ecosystem includes Binance Academy, an education platform covering blockchain topics, Binance Research, which publishes market analysis, and Binance Labs, a venture arm supporting Web3 projects. Additional offerings span payments, NFT trading, and charitable initiatives. The ecosystem is used by retail traders, developers, researchers, and institutions engaging with digital assets, and the company is in the process of transitioning parts of its platform operations to a new regulatory structure in one of its licensed jurisdictions. - Type: Company - Sector: Finance - Status: Active - Founded: 2017-06-01 - Profile: https://thegrid.id/profiles/Binance ## Products - [Binance Exchange](https://thegrid.id/profiles/Binance): Binance Exchange is a centralized cryptocurrency exchange that lets users trade spot, margin, and derivatives markets from a single account. It matches orders through a centralized order book and offers additional trading formats such as leveraged tokens and quick conversions between assets. Experienced traders access advanced order types, charting tools, and automated trading bots alongside simple buy and sell flows for newer users. (Centralised Exchange, Live, Main Product) - [Binance P2P](https://thegrid.id/profiles/Binance): Binance P2P operates a peer-to-peer marketplace enabling direct cryptocurrency trades between users through advertisement-based matching. The platform integrates escrow services for transaction security while supporting numerous payment methods across many fiat currencies with zero trading fees and dispute resolution mechanisms. (Peer to Peer & Remittance, Live) - [Simple Earn ](https://thegrid.id/profiles/Binance): Simple Earn is a yield platform that lets users deposit crypto assets to earn passive rewards through flexible or locked subscription products. It manages on-chain and off-chain yield sources on behalf of depositors, including staking-derived returns and on-chain protocol yields, without requiring users to interact with underlying protocols directly. Deposits can be redeemed flexibly or committed for fixed terms in exchange for higher returns. (Yield Aggregator, Live) - [Binance Pay](https://thegrid.id/profiles/Binance): Binance Pay is a cryptocurrency payment solution enabling users to send, receive, and spend digital assets through QR codes, merchant APIs, and mobile applications with zero gas fees for peer-to-peer transactions. (Payment Links & Request Tools, Live) - [Binance Connect](https://thegrid.id/profiles/Binance): Binance Connect is a B2B fiat on/off ramp API enabling Web3 platforms to offer crypto purchasing and selling via Binance's fiat and P2P infrastructure. It supports multiple fiat currencies, cryptocurrencies, and payment methods including credit cards, bank transfers, and peer-to-peer settlement. Third-party wallets, decentralized applications, and Web3 applications integrate the service to provide fiat-to-crypto conversion, onchain payments, and AI-agent payment capabilities without building independent payment compliance layers. (On/Off Ramp, Live) - [Binance NFT](https://thegrid.id/profiles/Binance): Binance NFT is a marketplace for minting, buying, selling, and bidding on non-fungible tokens, including mystery boxes and collectible drops. Creators list collections while collectors trade items and participate in game-related initial offerings through the platform. Users access the marketplace with their existing Binance account, distinct from the exchange's trading surfaces. (NFT Marketplace, Inactive/Support Ended) - [Binance OTC & Execution Services](https://thegrid.id/profiles/Binance): Binance OTC & Execution Services is an institutional trading desk facilitating large-volume cryptocurrency transactions between counterparties outside the public order book. It provides request-for-quote and indication-of-interest tools alongside algorithmic execution strategies, letting institutions negotiate pricing and settle trades directly into Binance accounts. Dedicated relationship managers and API access support minimum trades typically in the hundreds of thousands of dollars. (OTC, Live) - [Binance Card](https://thegrid.id/profiles/Binance): Binance Card is a payment card that lets users spend cryptocurrency at merchants accepting card network payments, with automatic conversion between crypto and fiat at the point of sale. Users load or link crypto balances and receive cashback rewards on eligible purchases. The card is managed through its own dashboard, separate from the exchange trading interface. (Card, Live) ## Links - [Blog](https://www.binance.com/en/blog) - [Documentation](https://www.binance.com/en/support) - [Main](https://www.binance.com) - [Forum](https://dev.binance.vision) - [Privacy policy](https://www.binance.com/en/about-legal/privacy-portal) - [Terms of Service](https://www.binance.com/en/legal/home) - [Discord](https://discord.gg/jE4wt8g2H2) - [Telegram](https://t.me/BinanceExchange) - [Facebook](https://www.facebook.com/binance) - [Twitter / X](https://x.com/binance) - [LinkedIn](https://www.linkedin.com/company/binance) - [Reddit](https://www.reddit.com/r/binance) - [TikTok](https://www.tiktok.com/@binance) - [YouTube](https://www.youtube.com/binanceyoutube) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. 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