Sirwin
Sirwin

Binance Coin (BNB)


Have you heard about BNB? Here's the little introduction about this coin.

 

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What is Binance Coin (BNB)? BNB took place 11 days before officially opened Binance Exchange for trading, it was launched on June 26 - July 03, 2017 through an Initial Coin Offering (ICO). BNB is an ERC-20 token. 

 

BNB is used for? BNB is the fuel on all the operations in Binance Exchange. If you are a trader you should get a lot of BNB to cover your fees. And there's a discount on your trading fees if you choose BNB as a payment.

 

So how does BNB start?

ChangPeng Zhao founded a company called Beijie Technology in 2017. Binance Exchange holding company. Together with the team, they developed a token which called BNB to raised funds to fund the creation of Binance Exchange through an Initial Coin Offering (ICO). They raised $15 Million in just a month. And this is a good start up to boost the security and hiring employees in exchange servers.

 

Binance Coin (BNB) is worth to buy. It was launched by a trustworthy and strong exchange. Offers numerous trading pairs. Predictions says that it will go up to $15 - $23 in the year 2022 and it will climb up in the next years up to $28. 

 

SOURCE: https://academy.binance.com

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SmartCryptoSchool
SmartCryptoSchool

Daily questions and awareness from Blockchain Space 🌐 for you to learn💡and earn ⚡ Supported by #SmartLiquidity

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