BinanceCoin is a token issued by Coin An, abbreviated as BNB, which is a decentralized blockchain digital asset based on Ethereum. The total issuance amount remains constant at 200 million, and BNBs are destroyed quarterly based on the trading volume of the Coin Security platform
BinanceCoin is a token issued by Coin An, abbreviated as BNB, which is a decentralized blockchain digital asset based on Ethereum. The total issuance amount remains constant at 200 million, and BNBs are destroyed quarterly based on the trading volume of the Coin Security platform. The destruction records will be published as soon as possible, and users can query through the blockchain browser to ensure transparency and transparency until a total of 100 million BNB coins are destroyed.
BNB, as a fuel for the Binance ecosystem and decentralized exchanges, has been applied in multiple scenarios. For example, using BNB to offset Binance transaction fees can earn a maximum discount of 50%. BNB can be used for payment in MonacoVisa and APP applications, and virtual gifts can be purchased on Uplive live platforms. At present, BNB ranks firmly in the top 20 globally, with the best ranking being the top 10 globally, and is supported by blockchain enthusiasts in over 180 countries and regions worldwide.
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