Binance is a high performance exchange where users can choose to pay trading fees in BNB for a discount. Every quarter 20% of exchanges profits are used to buy back BNB and destroy them, until 50% of all BNB tokens are bought back.
Crypto Category – Exchange Token
Mining or Staking Consensus – Staking, but still in development. Learn more here: https://docs.binance.org/faq.html#what-is-the-consensus-algorithm-used-on-binance-chain
Can you earn interest on Binance Coin? – Yes, check out the Crypto Interest Strategy to learn more.
Binance Coin Price Chart
Technical Analysis – Should You Buy Binance Coin Today?
Resources For Due Diligence
Binance Coin Trading Ideas
Recommended Crypto Services, Products and Strategies:
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Remember to always do your own Crypto Due Diligence before investing. If you have any questions, be sure to leave a comment below.