The binance crypto exchange is the largest in terms of trading volume. It has offices in Jersey, Singapore and Uganda. It was created in 2017 by Changpeng Zhao. Binance is the first trading platform where the bnb token appeared.
The crypto exchange has different areas of activity:
Academy – the team trains users in blockchain technology, basic terminology. Where they give advice and take tests on blockchain knowledge.
BCF – a charitable fund that collects funds for the provision of medical care, including in third world countries. Info – conducts various reviews of projects based on blockchain technology.
Labs – an impact fund for expanding the opportunities of entrepreneurs in development using blockchain or cryptocurrencies.
Launchpad – a platform for launching tokens in order to attract investment in the project of users.
Research – engages in product analysis and research.
Trust Wallet – official multi-currency wallet Binance. Binance coin (BNB)
The main advantage of the platform is its own bnb token. It was created to reduce the size of the commission. For owners of bnb tokens, there are discounts that are constantly decreasing:
first year – 0,05%;
second year – 0,025%;
third year – 0,012.
BNB is used to participate in various Launchpads. By which you can buy other digital coins placed on this platform.
The binance platform has a convenient Android iOS app. They can be pronounced and downloaded on the official websites of Google Play and Appstore.
You can also create tokens in the bep2 protocol, which is Ethereum’s main competitor. The exchange has a good referral system where you can earn additional funds by inviting friends. On our crypto-hamster website, we will inform you about new Launchpads on the bybit and binance exchanges.
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