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What Is Binance?- Binance Crypto Trading For Beginners- Binance Cryptocurrency Exchange- SimplilearnNot only is Binance the world's biggest crypto exchange, it is orders of magnitude larger than its rivals. Up until recently, Binance boasted. Binance DEX is Binance's decentralized exchange, which is the company's DeFi platform, and BNB Chain is the blockchain. Originally running on Ethereum, Binance. An order that lets a trader buy or sell a cryptocurrency at a specific price or better. When a limit order is placed, a trader has to wait for the asset he's.