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📈 Get On Binance 👉
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⏰ Time Stamps ⏰
1:33 What’s BNB?
1:58 What’s a utility token?
2:45 How can BNB be used?
6:16 The Binance coin burn
9:27 Binance Chain
11:01 BNB tokenomics
13:12 Coin efficiency
14:04 Staff – Changpeng Zhao
16:07 Courageous partnership
18:13 Future occasions
19:35 Last ideas
⛓️ 🔗 Useful Hyperlinks 🔗 ⛓️
► Web site:
📱️ Socials 📱
📰 Sources 📰
► Binance Coin Burn:
► Tech Particulars On Binance Chain:
► Courageous Companions With Binance:
📝 Abstract 📝
BNB coin is the cryptocurrency of the king of crypto exchanges – Binance.
BNB is primarily used as a utility token throughout the Binance ecosystem and unlocks particular perks like diminished buying and selling charges or with the ability to take part in group votes to determine on the subsequent coin to be listed on the alternate.
⚙️ What Is A Utility Token? ⚙️
Many crypto initiatives declare to be utility tokens. Nonetheless, few have offered any actual utility. These kinds of tokens have three core rules behind them:
► There’s a finite provide of that token.
► There must be a transparent and particular operate for that token.
► That token operate must drive significant worth to holders.
🔨 BNB Coin Use-Instances 🔨
Listed below are simply among the methods you can get a profit through the use of BNB coin at present:
► Use BNB to rise up to 75% reductions on alternate buying and selling charges.
► Entry Binance Launchpad IEOs.
► Enhance your possibilities of getting an IEO allocation via the Binance lottery. To be in with an opportunity of profitable a Launchpad allocation, you’ll want to carry some BNB.
► The Binance referral program pays 20%. Nonetheless, for those who maintain 500 BNB you possibly can double that fee proportion.
► Have your say on the subsequent coin listed on Binance via securing your proper to vote by holding BNB.
► BNB coin has its personal buying and selling pair on the alternate.
► When buying and selling, it’s common to have tiny fractions of cash. Convert all that mud to BNB coin immediately.
► BNB can be utilized to earn curiosity through Binance’s lending platform.
► Crypto initiatives will pay Binance for issues like alternate itemizing charges and obtain a reduction by paying in BNB.
📉 Provide Facet Of BNB 📉
Each quarter Binance makes use of an quantity of their income/commerce quantity to purchase again BNB cash from the market. These cash are then burnt, which removes them from the circulating provide eternally. The alternate has dedicated to doing this till the whole provide of BNB is reduce by 50%.
The results of shrinking provide and rising demand for the coin is among the key the reason why BNB coin was one of many few cryptos to hit its all-time-high throughout crypto winter.
💻 Tech 💻
BNB coin is on the Binance Chain, which is used as infrastructure to situation and alternate digital property. It makes use of one thing referred to as the Tendermint BFT consensus mechanism and has validator, witness and accelerated nodes.
💰 Token 💰
BNB is listed on a load of various crypto exchanges and has among the highest every day buying and selling volumes in crypto.
There’s a complete BNB provide of round 287 million and the circulating provide is a bit of bit much less than that.
👨💻️ Staff & Partnerships 👨💻️
Binance was based by the person, the parable, the legend, Changpeng Zhao, who went from flipping burgers in McDonalds to a crypto billionaire.
On the latest partnership entrance, Biannce have simply sealed a take care of Courageous Browser to characteristic a local widget for purchasing and promoting crypto throughout the browser that’s powered by Binance.
🔮 The Future 🔮
Binance is trying to roll out its personal crypto card which might be paid for and topped up in BNB coin. On the time this video was revealed, the subsequent BNB coin burn is simply across the nook.
📜 Disclaimer 📜
The data contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who just isn’t a licensed monetary advisor or registered funding advisor. Buying and selling Foreign exchange, cryptocurrencies and CFDs poses appreciable danger of loss. The speaker doesn’t assure any explicit consequence.
#Binance #BNB #crypto #alternate #buying and selling #coinburn #bitcoin #token #blockchain #assessment
Source: Coin Bureau
Small correction guys. At 11:08 I got it the wrong way round with demand / supply impact on price.
Sorry about that 🙏🏻
Thanks to those who spotted the clerical error.
Votecoin VOT $500 BNB
POINTPAY NO JOKE IS THE NEXT BINANCE! PXP IS THR NEXT BNB.
Everyone needs to check out BuIIex token. Easy x100
– PCS launch on July 12th
– Earn BNB rewards
– TONS of dApps coming
– Team if FULLY doxxed
– Active and growing community
– Both presales sold out within SECONDS!
Watch this YouTube video above if you are thinking about using Binance exchange. Make your own call as far as its validity about Binance/hell! Binance stole my funds so I happen to agree with his content on Binance. Think you will also after doing your own due diligence! Believe you will come to the conclusion that you dodged one! Binance are crooks, I know first hand! Why are channels still recommending this exchange! DO YOUR DUE DILIGENCE!!!! PLEASE!
Great insight video
Muchas gracias guy.
Hey everyone I’m so happy ☺️ I have been earning $18,000 returns from my $6,000 Investment every 13 days.
I am very excited about the prospect of using cryptocurrency, not just as a money equivalent, but using it as a way to earn something as a result of doing some type of work.
more than 11 thousand BNB lol
How do you determine which currency to convert your fiat (in my case GBP) into to buy crypto? There is an alt coin I'm looking at that is paired with BNB, BUSD, USDT, and BTC? I use the Binance platform, so presume BNB or BUSD is best. But which of those? How do you determine which one to use??? And for those that can be bought with BNB or GBP, which is better to use? Help!
We want a new BNB update 🚀🚀😏
Why did the token's utility and the exchange's trading volume not prevent it from losing value v fiat in the recent crash?
Can you predict about BNB now as it is too down, I m in huge loss.. plz
You were right bro, bnb went till 700$, you predicted year ago, amazing
Why do I lose around 20-25% equity as soon as I turn this shit coin into anything else on Binance App???
Please make a video on binance smart chain
BNB has served its purpose. All is Atum.
Low demand and high supply leads to increase in price? Lol I think you mean high demand and low supply lead to increase in price lol
watching this video 1 year after it's release, bnb price 14 usd. checked the price now. when fomo becomes fear you missed out
There's no doubt in my mind that we are not only going bullish, but Bitcoin is going nuclear. You know I feel there is more to this market than we know. Ask for proper guidance before investing in this pretty much complicated market. I've made over 3.5 b tc from an allocation of 0.9 b tc over the months using Carl Richardson’s help. Things might get worse so just make the smarter move. His te legram ; 𝗰𝗮𝗿𝗹𝘀ontrading Experience reality they won't ever discuss
Damn BNB is now 680$ lol
Can you update Binance coin again?
BNB PRICE NOW 600 USD
Haven't see any video about NEXO token from your channel