Binance Square

Decoin

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Understanding more about BNB, XRP, and Decoin1. BNB (Binance Coin) • Fundamentals: • BNB is the official coin of the Binance exchange, one of the largest exchanges in the world. • Used to reduce transaction fees, staking, participate in Launchpad programs, and many other applications in the Binance ecosystem. • Binance regularly conducts token burns (burning BNB), helping to reduce supply and increase the value of the coin. • The development of Binance Smart Chain (BSC) has propelled BNB to become one of the key coins in the DeFi and NFT ecosystem.

Understanding more about BNB, XRP, and Decoin

1. BNB (Binance Coin)
• Fundamentals:
• BNB is the official coin of the Binance exchange, one of the largest exchanges in the world.
• Used to reduce transaction fees, staking, participate in Launchpad programs, and many other applications in the Binance ecosystem.
• Binance regularly conducts token burns (burning BNB), helping to reduce supply and increase the value of the coin.
• The development of Binance Smart Chain (BSC) has propelled BNB to become one of the key coins in the DeFi and NFT ecosystem.
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