Binance coin is one of the digital currencies used for buying and selling, binance coin is a crypto asset that has been issued by the binance exchange, and will be used as digital currency in trade. The creator of binance coin is Changpeng Zao, or better known as CZ. CZ created binance coin as a transaction system used on the Tokyo Stock Exchange.
The usefulness of this binance coin was initially only used as one of the assets to run their trading operations. Why do they use binance coin because it has many benefits, namely as a means of payment for trading fees, as exchange fees, as listing fees and many other benefits that can be used on the binance exchange.
Binance coin is a type of ERC-20 token that runs on a blockchain system. Binance coin is useful on various well-known platforms, most people use binance coin digital money because binance coin provides discounts that are very profitable for many people and binance coin can be used to invest in ICOs registered through the Binance Cryptocurrency Launchpad.
Function Binance Coin
When does Binance coin participate on the exchange
Binance coin, for the first time participated in the Initial Coin Offering [ICO] on June 26 to July 3, 2017. At that time the first price was 1 ETH 2700 BNB or if the price of 1 BTC was 20,000 BNB.
Advantages of using Binance Coin
Disadvantages of using Binance Coin
Conclusion
By using the Binance Coin digital currency, we can get a lot of benefits from discounts or prizes that are given. Binance coin is very well known on the exchange so the selling price is high.