Altcoins Talks - Cryptocurrency Forum
Further Discussions => General Discussion => Topic started by: xxxxxxxxxxx on May 09, 2021, 07:56:16 AM
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Binance Review, 45th Month: Record Burning
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During the 45th month (March 15 to April 15), Finance burned $ 593 million worth of BNB tokens and launched tokenized promotions. At the same time, 5 million daily transactions were recorded on the Balance Smart Chain, and the cryptocurrency market as a whole reached $ 2 trillion.
Big Story: Record burning and New tokenized shares
In the period from March 15 to April 15, the cryptocurrency market, despite the difficulties, managed to reach new record heights. The capitalization of the entire cryptocurrency market has exceeded 2 trillion US dollars. And this is just a few months after the first trillion! Bitcoin was at $ 65,000; the price of Ethereum briefly exceeded $ 2,500; BNB "sold out" again, starting at below $ 300 and reaching 600.
During the 45th month, Binance managed to update its own records. During the 15th BNB quarterly burn (January to March 2021), Binance burned a total of 1,099,888 BNB. The value of the tokens is equivalent to the amount of $ 595,314,380. This is the largest burned batch of tokens in the fiat equivalent, which indicates the huge growth of Binance over the past "bullish" quarter. Find out what Binance CEO Changpeng Zhao (CZ) thinks about the rise of the Binance Smart Chain (BSC), the cryptocurrency bull run, and other developments in this article.
It is worth noting that BSC, the native BNB blockchain, has reached 5 million daily transactions, which is 4 times the number of transactions on Ethereum. The BSC landscape continues to grow at an explosive pace, with several DeFi projects using BSC already setting their own records.
Following the token burn, Finance introduced tokenized shares.Thus, users of the exchange gained access to both cryptocurrency and traditional stock markets directly from their Binance account. The first on Finance were shares of Tesla Inc. (TSLA) with a minimum transaction size of one-hundredth of a tokenized share, which is similar to the same share of a Tesla share.
Against the background of the overall growth inside and outside the Binance ecosystem, we have once again confirmed our own commitment to the development of the customer service. In a recent personal letter to our community, Binance CEO Changpeng Zhao (CZ) spoke about the work we are continuously doing in response to growing customer requests and how we are doing more and more to improve the user experience.
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Binance has its own forum :
https://www.altcoinstalks.com/index.php?board=116.0
Crypto news are here:
https://www.altcoinstalks.com/index.php?board=229.0
Make some effort before you post something like this.
Always read the rules first, then get to know the forum, see what is where and then post. -1
And if you post the news, then with source, please.
Otherwise, it looks like plagiarism and that is punishable here.