Matic Launchpad is for Crypto Projects on the Binance Smart Chain, Ethereum and Polygon Network. Matic Launchpad has been making waves in the market si...
The world’s first & most advanced NFT horse GameFi platform, powered by Binance Smart Chain (BSC), and developed on Unity, the extremely powerful cros...
Binance comes to the aid of several injured Ukrainians with a $10 Million donation.
According to Binance Coin's prediction and technical analysis, the BNB price is expected to exceed the average price level of $684.31 in 2022, with the...
What is Binance?
Binance is a cryptocurrency exchange which is the largest exchange in the world in terms of daily trading volume. It is also one of most secure and trusted exchanges out there. Binance which was founded in 2017 and registered in the Cayman Islands was founded by Changpeng Zhao also known as CZ. CZ has a massive following on twitter and is key person in the crypto industry.
Binance in the past has had trouble serving customers in USA because of lack of regulation however Binance is a Global platform. In 2021 Binance was put under investigation by both the United States department of Justice and Internal Revenue Service on allegations of money laundering and tax offenses. The UK’s financial conduct authority ordered Binance to stop all regulated activity in the United Kingdom in June 2021 however they have since resumed activity with no further action being taken. Binance is one of the most trusted exchanges available.
What is BNB?
BNB Token is the cryptocurrency that is used on the Binance Exchange to pay transactions and trading fees. BNB has real utility as BNB holders can save 25 percent on all spot trading and margin trading fees. Binance also allows BNB holders to save 10 percent on Future trading fees. The BNB token also supports smart contracts and has some really unique interesting projects being built using the token, Such as NFTs and other Smart Contract utilities.
Is Binance trustworthy?
Is Binance Safe? Binance is considered the safest exchange available. That offers users protection via the use of Two Factor Authentication (2FA). Binance also offer security features such as address whitelisting, device management, and the ability to restrict device access. Like Coinbase, all USD balances are insured up to $250,000 by the Federal Deposit Insurance Corporation (FDIC) and held in custodial bank accounts.
Binance offers the ability to buy crypto like bitcoin Ethereum and bnb coins with the ability for recurring buys offering low fees for using the Binance smart chain. Binance also offers the ability to sell crypto and cash out directly to your bank. The Binance exchange also features frequently initial coin offerings icos.