What do people do on Binance?

So, what exactly goes on over at Binance, if you don't mind me asking? I've heard it's a pretty popular spot for cryptocurrency enthusiasts, but I'm still a bit hazy on the specifics. Do people mainly use it to buy and sell digital coins, or is there more to it than that? Are there any unique features or services that make Binance stand out from other exchanges? And for those who are new to the crypto game, is Binance a good place to start? I'm really curious to learn more about what makes this platform tick.