Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Topic started by: MOProgress on November 24, 2018, 07:41:42 AM
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I don't know if anyone has mention this coin before, if not, then Consider looking at Binance Coin, you make research about it, it is the official Binance coin.
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Binance Coin is a digital currency from the Binance stage. This is the stage of exchange only for cryptographic forms of money. The name "Binance" is a combination of pairs and returns. In this way, startup names indicate that no form of digital money can be exchanged with each other. It is impossible to exchange forms of money cryptography against Fiat. The stage made great progress in a short time and centered around the market as a whole with China's central station. Digital currencies such as those now have market capital of between 180-218 million US dollars, of which 18-35 million US dollars are exchanged day by day. Binance uses the standard ERC 20 token from Ethereum. The BNB must be delivered as needed. half of the coins were sold in ICO, 40% went into the group and 10% went to Angel speculators. The financial specialist of the holy messenger is a speculator who buys a vast amount of coins without a short delay. Coins can be used to pay expenses at the Binance trade. This includes exchange fees, exchange fees, post fees and others.
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Binance Coin is a crypto-coin issued by Binance exchange, and trades with a BNB symbol. Bination coins run on the Ethereum blockchain with the ERC 20 standard, and have a tight limit of a maximum of 200 million BNB tokens. Binance coins are expected to encourage Binary exchange operations and their ecosystems. Supports several utilities in the Binance ecosystem, which include paying trade fees, exchange fees, listing fees, and other fees in Binary exchanges The first year launch offer provides a 50 percent discount for trading through Binance coin, and the percentage discount is reduced by half each year. That is, the second year discount is 25 percent, the third year discount is 12.5 percent, and the fourth year discount is 6.25%, with discounts ending from the fifth year onwards. One can also use Binansi coins to invest in certain ICOs that are registered through the Binance Launchpad program. The new cryptocurrency will be registered on the Binance exchange, and the use of Binance will provide a seamless market for trading in a variety of new and established virtual tokens. Crypto tokens also received support from other partnerships that have helped spread their use. This includes partnerships with Asia's high-end live video streaming platform, Uplive, which sells virtual prizes for BNB tokens to a strong 20 million Uplive user base. Coins are also supported by platforms, cellular applications, and VISA debit cards from Monaco, pioneering payments and cryptocurrency platforms.
The Binance platform also has a repurchase plan, in which it will use 20 percent of its profits to buy back BNB tokens, and burn / destroy them to a maximum of 50 percent, or 100 million, buy back BNB tokens. This process will leave only 100 million BNB tokens in circulation, helping him maintain substantial value. Mid-April-2018, the Binance team announced that they had finished burning 2,220,314 BNB tokens (around $ 30 million).