Binance, a popular cryptocurrency exchange, has revealed details about its use of cookies on its website. Cookies are small pieces of data that websites store on users' devices to track their interactions and preferences.
The cookies used by Binance fall into four categories: necessary, functionality, targeting, and performance cookies.
Necessary cookies, as the name suggests, are essential for the website to function properly. They are usually set in response to user actions, such as logging in or filling out forms. Without these cookies, certain features of the site may not work as intended.
Functionality cookies, on the other hand, enable users to personalize their experience and access enhanced services. These cookies can be set by Binance itself or its third-party providers.
Targeting cookies are used for advertising purposes, allowing first parties and third parties to build profiles of user interests based on browsing behavior. If these cookies are blocked, users will still see generic advertisements that are not tailored to their preferences.