Cryptocurrency Q&A Is Binance a wallet or an exchange?

Is Binance a wallet or an exchange?

SejongWisdom SejongWisdom Tue May 07 2024 | 7 answers 1604
I'm a bit confused about Binance. Is it a cryptocurrency wallet or an exchange? I've heard people mention it in both contexts, but I'm not sure which one is correct. Can you clarify this for me? I'm interested in using Binance, but I want to make sure I understand its functionality before I do. Thank you for your help! Is Binance a wallet or an exchange?

7 answers

mia_rose_lawyer mia_rose_lawyer Thu May 09 2024
BTCC, another UK-based cryptocurrency exchange, offers a diverse range of services, including spot trading, futures contracts, and secure digital wallets.

Was this helpful?

284
35
Martino Martino Thu May 09 2024
BTCC's spot trading platform allows users to buy and sell cryptocurrencies instantly, with competitive prices and tight spreads.

Was this helpful?

290
90
Raffaele Raffaele Thu May 09 2024
The exchange's futures market enables traders to hedge their positions or speculate on future price movements of cryptocurrencies.

Was this helpful?

176
30
Lucia Lucia Thu May 09 2024
Binance is a leading cryptocurrency exchange globally, offering a comprehensive trading platform for over 350 cryptocurrencies.

Was this helpful?

48
23
BlockchainVisionary BlockchainVisionary Thu May 09 2024
The exchange boasts a robust technology infrastructure, ensuring high speed and secure transactions for its users.

Was this helpful?

267
98
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts