Cryptocurrencies have witnessed remarkable development in recent years, and have become a global interest in the fields of investment and finance. Among the leading platforms in this field is the Binance platform, which is one of the largest and most important cryptocurrency trading platforms in the world.
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What is the Binance platform?
Binance was founded in 2017 by Zhang Zhao (CZ) in China, and quickly moved to other locations to avoid regulatory restrictions. Binance# is known for its pioneering role in providing a safe, fast, and highly liquid platform for trading cryptocurrencies. It is also characterized by its simple and easy-to-use interface, making it a favorite destination for beginners and professionals.
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Binance platform currency (BNB)
BNB (Binance Coin)# is the native currency of the platform, and was initially issued as a token based on the Ethereum network. Later, BNB was transferred to Binance's own blockchain, known as Binance Smart Chain (BSC).
The most important uses of BNB:
1. Paying trading fees: Binance users can get discounts on trading fees when paying with BNB.
2. Participating in ICOs (Launchpads): BNB is used to participate in launching new cryptocurrencies on the platform.
3. Electronic payment: BNB is used as a payment method on several platforms and applications.
Very bullish
