Binance is the world’s largest cryptocurrency exchange in terms of daily trading volume, where users can buy, sell, trade and stake a wide variety of cryptocurrencies.
Binance Smart Chain supports a number of decentralized finance services and applications, while Binance DEX facilitates peer-to-peer trading. The Binance NFT marketplace allows users to create, buy, and sell non-fungible tokens. Crypto withdrawal fees are dynamic and adjusted based on blockchain network status and, and also change depending on the crypto being withdrawn.
BNB was launched in 2017, initially as an ERC-20 token on the Ethereum blockchain during Binance’s Initial Coin Offering , but later migrated to Binance’s own blockchain. BNB is primarily used to pay for transaction fees on the Binance exchange. Users can get discounts on trading fees when using BNB. Holding BNB also allows users access to exclusive token sales for projects on Binance’s launchpad.
In January 2018, Binance became the world's largest cryptocurrency exchange by trading volume, a position it maintains today.Fast forward to September 2019, Binance launched Binance US to comply with U.S. regulations, expanding its presence in the American market. In April 2020, Binance acquired CoinMarketCap, one of the most-referenced cryptocurrency data websites.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Source: FXStreetNews - 🏆 14. / 72 Read more »