Binance: The World's Largest Crypto Exchange and What You Need to Know

When you think of Binance, the largest cryptocurrency exchange by volume, offering spot trading, derivatives, staking, and a native blockchain. Also known as Binance.com, it's the go-to platform for millions of traders—from beginners buying their first Bitcoin to pros running complex arbitrage strategies. But Binance isn’t just a marketplace. It’s a whole ecosystem. The Binance Smart Chain, a blockchain built to handle fast, low-cost transactions and power decentralized apps runs thousands of tokens, including many you’ll find in airdrops and DeFi projects. And while Binance itself isn’t regulated in the U.S., it’s one of the few exchanges that still lists coins like Lagrange (LA), a zero-knowledge infrastructure token backed by Coinbase and Founders Fund, making it a critical hub for next-gen Web3 projects.

Binance’s size means it’s constantly under scrutiny. Regulators in the U.S., EU, and Asia have targeted it over compliance, tax reporting, and listing practices. That’s why posts here compare it to alternatives like Kraken and MEXC—because when Binance delists a coin or changes fees, it ripples through the whole market. You’ll find real stories here: users who lost access to funds on defunct exchanges like Hopex, and others who turned to Binance after Iran’s state-controlled platforms became too risky. Even when Binance doesn’t list a token, its influence shows up. The QBT airdrop on Binance Smart Chain? The SXP Learn & Earn campaign? Both relied on Binance’s infrastructure, user base, or wallet compatibility. It’s not just where you trade—it’s where crypto moves.

But here’s the thing: Binance isn’t for everyone. If you’re in the U.S., you’re on Binance.US, which has fewer coins and stricter rules. If you’re in Nigeria or Argentina, you might use it for on-ramps because local exchanges lack liquidity. And if you’re chasing airdrops, you’re probably using a Binance wallet—because most projects require it. That’s why this collection dives into the real impact of Binance: how it shapes what coins survive, how it drives trading volume in places like Tunisia and Iran, and why regulators keep trying to rein it in. Below, you’ll find honest reviews of exchanges that tried to compete with it, deep dives into tokens listed on it, and warnings about what happens when it pulls support. No fluff. Just what you need to know if you’re using, avoiding, or just watching Binance.