1 BNC = 17,863051 USD (0,075 ETH)
Binance. Cryptocurrency exchange that is used by traders as a platform for a variety of cryptocurrencies. From 2018 January. Binance was the largest cryptocurrency exchange in the world in terms of trading volume. Binance developer Changpeng Zhao, a developer who previously developed high-frequency trading software.
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Binance is arguably the best cryptocurrency exchange. It was founded in 2016 and launched in 2017 following an ICO which raised $15 million. Company based in China. At the same time, the crowdsale led to the creation of Binance Coin (BNB), which operates as an ERC 20 token on the Ethereum blockchain. Changpeng Zhao is the head of Binance and under his stewardship, the platform takes a measured approach to deciding which tokens to list. Trading currencies include Bitcoin and Litecoin as well as EOS, NEO, ETH and over 150 other coins and tokens. The engine that powers Binance is capable of matching 1.4 million orders a second, making the platform highly scalable. The exchange has one of the highest liquidities and generates over $1 billion in trades a day and charges a standard 0.1% fee for trades and drops if you use BNB to pay for fees.
Binance regularly places itself on no. 1 or at least top 3 in terms of 24 hour trading volume, meaning that it is regularly the most (or at least one of the most) trusted exchanges in the world. On 14 April 2020, right in the middle of the crisis with COVID-19, Binance had a reported 24 hour trading volume of USD 4.0 billion (the highest in the world) and a 30 day trading volume of USD 139.7 billion (also the highest in the world). Binance is the dragon among dragons when it comes to crypto exchanges.
Tokens in circulation after IEO 0.88%
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