Binance Chain is a community-driven development project with many developers and contributors from all over the world. Binance raised around $15 million through its ICO by selling 100 million BNB tokens (half of the total supply). It was launched in an ICO and grew in popularity through 2017. Binance Coin – or simply BNB crypto – is one of the most valuable cryptocurrencies in circulation… but it pales in comparison (at least in regard to value) with some of its big brothers. Since its launch in July of 2017, Binance has grown at a rapid rate. It allows people to trade cryptocurrencies like Dogecoin, Ethereum and more. Grayscale Bitcoin Trust (GBTC) was off 11.4% to … One, BNB can be used to receive a 25% discount for trading fees on Binance Exchange. Secondly, BNB can be used to pay fees on the token’s native blockchain, Binance Chain. Even in the current bear market users continue to sign up with the exchange. The token is used and traded in the Binance.com exchange, providing extra functionality to users. Binance coin was created with the intent of operating a native crypto asset, called BNB, meant to offer an alternative way to pay for fees charged to traders using the exchange. Key Binance Coin features: Issued in 2017 by the Binance cryptocurrency exchange What Is Binance Coin? Coinbase Global (COIN), the largest publicly traded crypto-exchange, closed down 6.5% to $265.10. Crypto strategist and trader Scott Melker says that he’s expecting Binance Coin (BNB) and four red-hot crypto assets to continue their ascent after flashing bullish signals. Its native Binance Coin (BNB) powers the Binance Ecosystem, and has multiple use cases including fueling transactions on the Chain, paying for transaction fees on the Binance Exchange, and making in-store payments. The world’s biggest cryptocurrency exchange company Binance is under investigation. Here is a compiled list of all the latest new coin listings on Binance. Binance Coin currently has two main use cases on top of the other common use cases of cryptocurrency. Binance Coin (BNB) powers the Binance Ecosystem. Binance, the world’s biggest cryptocurrency exchange company, is under investigation. Binance is working to provide many places to spend your Binance Coin. Buy, sell and trade cryptocurrency on the go with the new Binance.US app 2.0. BNB, or Binance Coin, is a cryptocurrency created by Binance. What is Binance Coin? Binance’s rise to the top has been swift. Binance Coin (BNB) is a cryptocurrency that was sold in an initial coin offering (ICO) by the Binance cryptocurrency exchange. Binance is currently the world’s second largest cryptocurrency exchange, with around $6 billion in assets traded in an average seven day period. New Coin Listings On Binance: Here Are The Newly Added Crypto Coins & Tokens On Binance New crypto coins and tokens are added to the Binance exchange every few days. A headline across the Bloomberg says Binance is facing probes by the U.S. Justice Department and the IRS. However, its worth lies in more than just its dollar value. Binance Coin (BNB) is a token named after the cryptocurrency exchange. As the native coin of Binance Chain, BNB has multiple use cases: fueling transactions on the Chain, paying for transaction fees on Binance Exchange, making in-store payments, and many more.

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