Binance

What is Binance and how it works?

Binance is a cryptocurrency exchange that lists more than 350 cryptocurrencies globally. In addition to cryptocurrency trading, it offers several services that enhance the experience for users and blockchain developers.Binance Earn is a platform within the exchange that offers various financial products for users to earn passive income. These include: High-yield savings accounts: Similar to traditional savings accounts, you can deposit your crypto and earn a competitive interest rate.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.