#Wodoftheday Solve the Words and earn points https://www.bi | سورج on Binance Square

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#Wodoftheday Solve the Words and earn points https://www.binance.com/activity/word-of-the-day/G1152137782006607873/shared?shareParam=eyJhY3Rpdml0eUlkIjoiRzExNTIxMzc3ODIwMDY2MDc4NzMiLCJuZXdzSWQiOjM3OTgxNTk2NzAxMjU1NDYwNjcsInJvdW5kIjo2LCJ1c2VyS2V5IjoiV1UxMTU1NzMxNDY1ODIwMjcwNTkyIn0%3D 

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1. **Created By** - Launched in **2017** by Binance as an **ERC-20 token** (on Ethereum). - Later migrated to **Binance Chain** (2019), then expanded to **Binance Smart Chain (BSC, now BNB Smart Chain)** in 2020. 2. **Primary Use Cases** - **Trading Fee Discounts**: Pay fees on Binance with BNB for lower costs. - **Gas Fees**: Used for transactions & smart contracts on BNB Chain. - **Staking & Governance**: Secure the network & vote on proposals. - **DeFi & Web3**: Used in decentralized apps (PancakeSwap, Venus, etc.). - **NFTs & Gaming**: Popular in blockchain games and NFT marketplaces. 3. **Tokenomics (Supply & Burns)** - **Initial Supply**: 200 million BNB. - **Burning Mechanism**: Binance burns (destroys) BNB quarterly to reduce supply (goal: 100 million BNB). - **Deflationary**: Burns increase scarcity, potentially raising value over time. 4. **BNB Chain Ecosystem** - **BNB Smart Chain (BSC)**: A fast, low-cost Ethereum-compatible blockchain. - **opBNB**: A Layer-2 scaling solution for cheaper & faster transactions. - **Greenfield**: A decentralized data storage network. 5. **Price & Market Performance** - Consistently a **top 5 cryptocurrency** by market cap. - Used by millions for trading, investing, and DeFi activities. --- ### **Controversies & Risks** - **Centralization Concerns**: BNB Chain is partially controlled by Binance. - **Regulatory Risks**: Binance has faced legal challenges (e.g., SEC lawsuits). - **Competition**: Rivals like Ethereum, Solana, and Polygon challenge BSC’s dominance

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#BNB 1. **Created By** - Launched in **2017** by Binance as an **ERC-20 token** (on Ethereum). - Later migrated to **Binance Chain** (2019), then expanded to **Binance Smart Chain (BSC, now BNB Smart Chain)** in 2020. 2. **Primary Use Cases** - **Trading Fee Discounts**: Pay fees on Binance with BNB for lower costs. - **Gas Fees**: Used for transactions & smart contracts on BNB Chain. - **Staking & Governance**: Secure the network & vote on proposals. - **DeFi & Web3**: Used in decentralized apps (PancakeSwap, Venus, etc.). - **NFTs & Gaming**: Popular in blockchain games and NFT marketplaces. 3. **Tokenomics (Supply & Burns)** - **Initial Supply**: 200 million BNB. - **Burning Mechanism**: Binance burns (destroys) BNB quarterly to reduce supply (goal: 100 million BNB). - **Deflationary**: Burns increase scarcity, potentially raising value over time. 4. **BNB Chain Ecosystem** - **BNB Smart Chain (BSC)**: A fast, low-cost Ethereum-compatible blockchain. - **opBNB**: A Layer-2 scaling solution for cheaper & faster transactions. - **Greenfield**: A decentralized data storage network. 5. **Price & Market Performance** - Consistently a **top 5 cryptocurrency** by market cap. - Used by millions for trading, investing, and DeFi activities. --- ### **Controversies & Risks** - **Centralization Concerns**: BNB Chain is partially controlled by Binance. - **Regulatory Risks**: Binance has faced legal challenges (e.g., SEC lawsuits). - **Competition**: Rivals like Ethereum, Solana, and Polygon challenge BSC’s dominance

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Earning free BTC (Bitcoin) and ETH (Ethereum) is a common interest among crypto enthusiasts. Here are several legitimate ways you can earn these cryptocurrencies on Binance: 1. Binance Earn Products Binance offers various Earn products where you can grow your crypto holdings, including BTC and ETH, by participating in flexible or locked savings, staking, and other investment options. These products allow you to earn interest or rewards on your existing crypto assets. 2. Binance Launchpool and Launchpad You can participate in Binance Launchpool or Launchpad events, where you stake BNB, BTC, or ETH to farm new tokens. Sometimes, these events offer rewards in BTC or ETH, or you can convert the earned tokens into BTC or ETH. 3. Promotions, Airdrops, and Referral Programs Binance occasionally runs promotions, airdrops, or referral programs where you can earn free BTC or ETH by completing specific tasks, such as referring friends, trading, or participating in educational campaigns. **Important Notes:** - Always be cautious of scams promising free BTC or ETH outside of official Binance channels. - Earning opportunities may require you to already hold some crypto or complete certain actions. Would you like to know more about a specific method, such as Binance Earn or Launchpool?

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