Binance cryptocurrency exchange app

Binance is a global cryptocurrency exchange that operates the largest cryptocurrency exchange in the world in terms of daily trading volume of cryptocurrency. Founded in 2017 by Changpeng Zhao, a developer who had previously created high-frequency trading software, the company originally had its headquarters in China, but subsequently moved its headquarters out of China due to increasing Chinese regulation on cryptocurrency. Binance does not have a traditional corporate headquarters, operating instead as a decentralized organization. In the United Kingdom, Binance has faced regulatory scrutiny from the Financial Conduct Authority (FCA), leading to restrictions on certain activities, though UK users still access the platform digitally. The ultimate owner of the brand and platform is its parent company, operated primarily through its principal subsidiary Binance Holdings Limited, incorporated in the Cayman Islands.