Binance Coin (BNB)

https://www.binance.com/
Founded year: 2017
Credited votes: 4 of 4
Problems resolved: 0
Owners responses: 0
BNB was launched through an initial coin offering in 2017, 11 days before the Binance cryptocurrency exchange went online. It was originally issued as an ERC-20 token running on the Ethereum network, with a total supply capped at 200 million coins, and 100 million BNBs offered in the ICO. However, the ERC-20 BNB coins were swapped with BEP2 BNB on a 1:1 ratio in April 2019 with the launch of the Binance Chain mainnet, and are now no longer hosted on Ethereum.

BNB can be used as a payment method, a utility token to pay for fees on the Binance exchange and for participation in token sales on the Binance launchpad. BNB also powers the Binance DEX (decentralized exchange).

You cannot mine BNB as you would a proof-of-work cryptocurrency, since the Binance Blockchain uses the Byzantine Fault Tolerance (BFT) consensus mechanism. Instead, there are validators that earn from securing the network by validating blocks.

Before BNB migrated to Binance Chain, Binance performed coin burns on the Ethereum network using a smart contract burn function. The amount of coins that Binance burns is based on the number of trades of the exchange over three months. Since the Binance Chain launch, BNB coin burns no longer take place on the Ethereum network and now use a specific command on Binance Chain, as opposed to a smart contract.

You can buy BNB on the Binance crypto exchange with a wire or bank transfer, a credit card or debit card, or any other exchanges that offer the cryptocurrency. For the latest list of exchanges and trading pairs for this cryptocurrency, click on our market pairs tab.
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.Good job

Score
5
approved
BNB coin has improved over some month and I believed this is possible prior to numerous projects they support and ensuring new development to strife.Likewise,due to smart chain compartibility users are adopting metamask for their transactions
07.05.2021 21:47
0

LOW FEE AND TRANSFER SPEED

Score
5
approved
I always send crypto form wallet to wallet using BNB, lower fees and speed, so many yield farming dan staking event using BNB, more pairing event using BNB, I'm waiting BNB for NFT's and Gaming more than others coin
19.04.2021 04:30
0

It's binance.

Score
5
approved
I know that there are a few coins out there buy I truly believe that BNB is among the best. The binance platform is user friendly and the saving possibly on the site is out of this world. They are returning the power to the people and I'm all here for it. Bnb is my home
18.04.2021 16:44
0

BNB=GÜÇ GÜVEN

Score
5
approved
BEN BNB COİNDE KENDİMİ HUZURLU HİSSEDİYORUM FİYATINA NADİREN BAKIYORUM FİKİR OLARAK SATMAK YERİNE DEVAMLI FİYATI NE OLURSA OLSUN ALMAK İÇİN ÇABA HARCIYORUM NEDEN DİYE SORARSANIZ SİZİ MADDİ MANEVİ KORUYAN KOLLAYAN BİR LİDER VAR BİNANCE TEŞEKÜRLER
17.04.2021 02:42
0