With binoculars you will even be able to identify the planets Venus, Jupiter, and Saturn. Venus will sometimes look like a dazzling dot and sometimes like miniature crescent moon. When I use my telescope I always have my binoculars on the ready. It's the best way to pinpoint a target to find with the telescope. Real astronomical telescopes are described by the type and size of their light gathering optics, not by magnification.
Larger apertures make fainter objects visible and smaller details distinguishable.
The magnification of a telescope is not a fixed quantity like the engine size of a motorcycle. Magnification can be changed in a moment to suit conditions and your observing aims simply by slipping a different eyepiece into the focuser. As mentioned above a telescope can be used at low power to see a wide patch of sky, making objects easy to find and fit into the eyepiece view. But there are limits. We are looking through an atmosphere that is nearly always in turbulent motion, and the view often shakes and shimmers through no fault of the telescope.