The stark differences between these 2 cryptos are that Bitcoin is the pioneer and King of cryptos, but both have different functions that we will see what they are:
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1. Bitcoin (BTC)
Main function: Store of value and decentralized digital currency.
Creator: Satoshi Nakamoto (2009).
Blockchain: Secure, decentralized, but with relatively high fees during congestion.
Total supply: Limited to 21 million BTC.
Advantages:
Market leader and most recognized.
High liquidity.
Strongly accepted as 'digital gold'.
Disadvantages:
Transactions slower compared to other cryptos.
Fees can be high.
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2. Binance Coin (BNB)
Main function: Utility token of the Binance ecosystem. Serves to:
Reduce fees on Binance.
Participate in Binance Smart Chain (BSC) projects.
Payments and other services within the ecosystem.
Creator: Binance (2017).
Blockchain: Binance Smart Chain – fast, cheap, and compatible with smart contracts.
Total supply: Initially 200 million BNB, with periodic token burns.
Advantages:
Very low transaction fees.
Widely used in DeFi and DApps on BSC.
Direct support from one of the largest exchanges in the world.
Disadvantages:
Centralized compared to Bitcoin.
Value highly dependent on Binance's success.
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Quick summary
Characteristic Bitcoin (BTC) Binance Coin (BNB)
Launch 2009 2017
Function Digital currency, store of value Utility token/Binance ecosystem
Blockchain Bitcoin Binance Smart Chain
Total supply 21M 200M (with burns)
Fees High during congestion Low
Decentralization High Moderate/Centralized
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