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News

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Solv Protocol Rolls Out Asset Classification to Enhance SolvBTC

Solv Protocol has classified underlying assets for its SolvBTC reserve to ensure user security and yield-generating opportunities while maintaining liquidity.

 Hassan Maishera

Pancakeswap Burns 9,092,771 CAKE Tokens this Week

On Monday, the Pancakeswap team told its community via X that it had burned 9,092,771 CAKE tokens (worth $15 million) this week.

 Hassan Maishera

Pancakeswap Burns 8,981,080 CAKE Tokens this Week

On Monday, the Pancakeswap team told its community via X that it had burned 8,981,080 CAKE tokens (worth $16 million) this week.

 Hassan Maishera

Trade

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PrimeXBT

N/A
4.31 based on 2453 votes

Binance

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4.1 based on 2400 votes

Phemex

N/A
4.02 based on 978 votes

Spend

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

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Nexo Card

3.28 based on 363 votes

Embily Card

3.98 based on 133 votes

Hi.com Card

3.45 based on 33 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

4.71 based on 7 votes

1xBit

4.39 based on 18 votes

VPS2DAY.com

4.21 based on 14 votes

Hodl

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Trezor Wallet

4.03 based on 168 votes

YouHodler

3.94 based on 49 votes

Ledger Nano X

3.88 based on 50 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.