News

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Bitcoin Tops $28k Once Again As Investors Digest The Binance Lawsuit

Bitcoin is trading above the $28k level once again as investors continue to digest Binance’s lawsuit and its possible effect on the market.

 Hassan Maishera

Celer Network’s cBridge Integrates With Canto Public

The Celer Network announced via Twitter on Tuesday that its cBridge has completed integration with Canto Public, a Layer-1 blockchain built to deliver on the promise of DeFi.

 Hassan Maishera

CFTC Files Suit Against Binance, Bitcoin Momentarily Slips Below $27k

Binance momentarily dropped below the $27k level for the first time in more than a week after the US CFTC filed a lawsuit against Binance and its CEO.

 Hassan Maishera

Trade

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Binance

N/A
4.09 based on 2299 votes

Phemex

N/A
4.05 based on 930 votes

MEXC

N/A
4 based on 11 votes

Spend

Want to leave your cash at home? These cards support Binance Coin.

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Binance Card

3.29 based on 356 votes

Nexo Card

3.17 based on 298 votes

Embily Card

4.07 based on 116 votes

Shop

So you've made a little Binance Coin and now you want to spend it? These are the places to do it!

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BC.Game

5 based on 3 votes

VPS2DAY.com

4.67 based on 9 votes

1xBit

4.27 based on 15 votes

Hodl

Find the wallet that suit your security, ease of use and anonymity needs for Binance Coin.

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Trezor Wallet

3.99 based on 155 votes

YouHodler

3.97 based on 35 votes

Ledger Nano X

3.8 based on 41 votes

Review

Learn more about Binance Coin.

When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of Binance Coin.

Binance is one of the most well-known cryptocurrency-to-cryptocurrency exchanges. As of today, the exchange does not support any Fiat currency trading pairs or deposits. Therefore, Binance has issued its own token coin, called the Binance Coin (BNB). BNB can be used to pay for fees on the platform, such as trading. During the ICO, 50% of the BNB tokens were distributed to the public. 40% was kept by the founding team, and 10% was given to its angel investors. Each quarter, Binance will use 20% of their profits to buy back and burn BNB, until 100MM BNB are burned out of its total supply of 200MM.

Zhao Changpeng is a co-founder of Binance and the company’s CEO. Having immigrated to Vancouver, BC in the late 1980s with his family, Changpeng grew up poor and had to work in fast food restaurants and gas stations to support the family. He went on to study computer science in McGill University and worked at the Tokyo Stock Exchange and Bloomberg.

In 2005, Changpeng moved back to China to start his own company making high-frequency trading software for traders. Changpeng heard about Bitcoin from a venture capital friend in 2013, and in 2014, sold his house in Shanghai to go all in on Bitcoin. Changpeng joined Blockchain.info and later became OKCoin’s CTO. After leaving OKCoin, Changpeng launched Binance. In 6 months, he led the company to become the world’s number 1 cryptocurrency exchange (in terms of volume).

Binance announced in 2018 that it will be launching its decentralized exchange called Dexathon. The BNB tokens will pay for gas fees and Proof-of-Stake consensus.