Address | Binance Academy (2024)

FAQs

Is Binance Academy free? ›

Binance Academy hosts a selection of free and paid courses.

The company operates in Africa, the Americas, Asia and the Pacific, Europe and the Middle East. Binance is headquartered in George Town, Malta.

Binance Academy is a free educational platform created by Binance to help people learn about cryptocurrency. The platform offers a variety of resources, including articles, videos, and courses, to teach beginners and experts alike about the world of cryptocurrency.

The Binance Exchange is a leading cryptocurrency exchange founded in 2017. It features a strong focus on altcoin trading. Binance offers crypto-to-crypto trading in more than 350 cryptocurrencies and virtual tokens, including bitcoin (BTC), ether (ETH), litecoin (LTC), dogecoin (DOGE), and its own coin, BNB.

Binance is generally considered a reputable and reliable cryptocurrency exchange. However, potential users should carefully consider their individual needs and risk toleance before deciding to use the platform.

In response, Binance and other investors opened Binance.US, a separate exchange designed to comply with all applicable US federal laws, which nonetheless is banned in six states: Hawaii, Idaho, Louisiana, New York, Texas, and Vermont.

“Changpeng Zhao made Binance, the company he founded and ran as CEO, into the largest cryptocurrency exchange in the world by targeting U.S. customers, but refused to comply with U.S. law,” said Acting Assistant Attorney General Nicole M.

Changpeng Zhao, who goes by CZ, is the founder and former CEO of Binance, the largest cryptocurrency exchange in the world. The Chinese-Canadian coder cut his teeth building high-frequency trading systems for Wall Street's flash boys. Zhao founded Binance in 2017, raising $15 million through an initial coin offering.

Who uses Binance the most? ›

See the global distribution of visitors to your competitor's website and start tapping into overlooked markets. Binance.com's core audience is located in Ethiopia followed by Russian Federation, and Kenya.

Is Binance Exchange Safe? Binance is often considered one of the safest exchanges in the world if you consider the level of security. If the exchange crashed or a hacker stole assets or funds, the SAFU reimburses its users from the $1 billion fund. Not every platform has an insurance fund in place.

It offers two-factor authentication (2FA) to verify logins, a real-time monitoring system to detect suspicious wallet activity, security notifications through email, and many other advanced security features. So if you want a safe place to store cryptocurrency, Binance is one of your best bets.

Trading: This is the most common way to earn money on Binance, and it involves buying and selling cryptocurrencies to profit from changes in their prices. Trading can be risky, but it can also be very profitable if done correctly. Staking: Staking is a way to earn passive income with your cryptocurrencies.

Binance has significantly lower fees than Coinbase. On most trades, the platform levies a 0.10% fee. For bank transactions, it charges 0.10 percent, and for all credit or debit card purchases, it charges up to 2.10 percent.

NFT certificates will be distributed within 14 days to eligible users after they pass the respective quizzes. Users can view their NFT certificates by visiting Binance NFT > My NFTs > Collected NFTs. Users are not allowed to list or trade the NFT certificates from Academy Courses on Binance NFT Marketplace.

Binance fees for cryptocurrency trading

In particular, deposits are free and the minimum amount is €1. However, the costs of other fees vary depending on the type of transaction.

Pay is a peer-to-peer payment feature that allows Binance.US customers to send and receive crypto from other Binance.US users. Pay transactions feature zero transaction fees and settle instantly, no matter what cryptocurrency you transact with. The feature is free to use with no fees.