Thanks to - CZ ? Binance October 15, 2019Īmid news Binance Coin with a capitalization of $2.8 billion rose 2.5%. Now you can trade $BNB ETP on Swiss Stock Exchange (Ticker: $ABNB).įurther bridging between #crypto (& #bnb) with the traditional financial world! Leading Swiss stock exchange SIX has launched a traded exchange product (ETP) based on Binance Coin.Ī MAJOR step. The CEO of Binance, Changpeng Zhao always announce all the Binance novelties in his Twitter. At the time of writing, the Binance team had such burns of the Binance Coin cryptocurrency: Coin Burnīinance team does not have a proper roadmap, but they share all the news and upcoming developments in their blog. According to one of the points of the white paper, every three months, the Binance exchange reduces 20% of its income for the subsequent redemption of coins and their burning.Īs a result, only 100 million BNB will remain, i.e. Like all coins, the Binance Coin cryptocurrency is subject to inflation, however, the creators took this into account at the stage of creating WhitePaper. You can check it out to get further information about Binance Chain. The team posts all the announcements about blockchain on their special page. Binance Chain uses Delegated Byzantine Fault Tolerance (dBFT) consensus mechanism. The developers try to make transactions within the network as fast as it is possible. The main feature of Binance Chain is a high performance. Issue new BEP2-tokens on the platform and promote it.Receive and send BNB tokens, and any other coins available on the exchange.? /X9qAoXxYmc- Binance Smart Chain April 18, 2019 Please see the below link for further details on the actions that will occur along with the planned timings for them to do so. Chain launches its mainnet and plans to execute Mainnet Swap on Apr 23, 2019. It is a software system for Binance exchange, Binance Launchpad, and more to come. Binance Chain was launched in April 2019. The developers decided to distribute the coins as follows:īinance Coin was based on the ERC20 standard and used Ethereum blockchain until Binance own blockchain was created. Their number was 200 million, but in the end, only half should remain – 100 million. Since Binance Coin is an internal cryptocurrency of a centralized exchange all coins were issued by pre-mining. It seems quite a bit against the background of such giants ICOs as EOS or Tron, which earned several billion dollars.Īccording to open sources, half of the raised funds went to promotion and advertising, 35% went to the development and improvement of the platform, and 15% went to the company’s reserve. The BNB Coin cryptocurrency was released through an ICO held in July 2017. ICO of Binance Coin and Its Development History You can check out the price-list formation and more details about the coin on. Today Binance Coin (BNB) is worth $15.54. All-time low price is $0.096109, which happened to BNB on Aug 01, 2017. The highest price point was not so long ago on Jun 22, 2019. The coin ranks 8th among all cryptocurrencies by market capitalization. The ICO duration time was only 15 minutes, and now you can see the success of the concept. The distinction of this currency is in its ROI. Ups and downs of Binance exchange platform always reflect on the BNB coin price. Suitable for paying for goods on sites that accept Binance Coin.The relevance of the coin is supported by exchange instruments purchased for this digital money. The discount depends on the period of the acquisition of Binance Coin – up to 50% in the first year and twice the decrease in this indicator every next (up to 5 years). Binance Coin (BNB) Analysis & Deep Dive – Binance Chain, DEX and 2019 Roadmapīinance Coin owners have access to certain discounts on transactions within the trading platform, which include conversion and withdrawal fees, listing and other fees.
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