Is Binance the world's largest cryptocurrency exchange?

Binance remains by far the world’s largest cryptocurrency exchange with a 24-hour trading volume of US$5.5 billion at the time of writing – its nearest competitor had US$2 billion and Kraken had less than US$400 million worth of trades in the past day, according to CoinMarketCap.

Why is Binance so popular?

Binance is a popular cryptocurrency exchange that launched in 2017. Its explosive growth is attributed to the combination of low trading fees and fast transactions. Binance also has its own token, Binance Coin (BNB). The name Binance is a mashup of the words ‘binary’ and ‘finance’. Who created Binance?

What is Binance coin (BNB)?

Binance Coin (BNB) is the cryptocurrency that powers the Binance ecosystem. At the time of writing, it ranks third in the list of top cryptocurrencies according to market capitalization. Back in 2017, Binance Coin (BNB) was created as a utility token to offer discounts on trading fees on the exchange.

Where can I find a Binance account statement?

The Account Statement function is currently only available on the Binance website. You can generate account statements for up to one year from the current date. If you require statements for a period exceeding one year, please download them from the Report Center.