Crypto Almanac - Part 47 Beginners Guide

Source. Crypto info.com

What is Binance Coin?
Binance Coin logo
Binance Coin is the official cryptocurrency of the Binance exchange, which allows holders to receive a discount on their Binance trading fees. BNB also powers the Binance DEX (decentralized exchange).

image.png

Binance holds a 'burn' every three months which removes a number of BNB coins from the circulating supply. The amount of coins that Binance burns is based on the number of trades of the exchange over three months.



0
0
0.000

1 comments

Congratulations @steem-engine! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You published more than 90 posts.
Your next target is to reach 100 posts.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Check out the last post from @hivebuzz:

Hive Power Up Month - Feedback from February day 25
Introducing NFT for Peace
Support the HiveBuzz project. Vote for our proposal!
0
0
0.000