Congratulations to BNB for breaking through 400$! I love Binance! Ha ha
Binance Coin is a token issued by Binance, referred to as BNB, and is a decentralized blockchain digital asset based on Ethereum. The total issuance amount is constant at 200 million. BNB will be destroyed every quarter according to the trading volume of the Binance platform in that quarter. The destruction record will be announced as soon as possible. Users can query it through the blockchain browser to ensure openness and transparency until it is destroyed. Until the total amount reaches 100 million BNB coins.
As the fuel of the Binance ecosystem and decentralized exchange, BNB has been applied in many scenarios. For example, you can use BNB to deduct Binance transaction fees, and you can get up to 50% discount. You can use BNB to pay in Monaco Visa and APP applications. You can use BNB to purchase virtual gifts, etc. on the Uplive live broadcast platform.
BNB (Binance Coin) is the platform currency of Binance Exchange, with a total issuance of 200 million coins. Every quarter, 20% of the platform’s net profit for the quarter will be used to repurchase BNB. The repurchased BNB will be directly destroyed until it is destroyed. Until the total amount reaches 100 million BNB coins. Repurchase will deflate BNB. In theory, if the total value of BNB remains unchanged, repurchase can cause the currency price to rise.
1. Discount on Binance platform transaction fees
For users who participate in transactions on the Binance platform, no matter what type of token they are trading, when they need to pay transaction fees, if they hold sufficient BNB, the system will give a discount on the fees they need to pay (see the specific discount rate below Table), and convert the equivalent amount of BNB according to the current market value, and use BNB to complete the payment of handling fees.
Use Youyou's registration link to register for Binance. All future rebates from Youyou will be returned to the individual. In the future, the whitelist of high-quality projects will also give priority to members registered under Youyou Binance. Come on!
Binance invitation code: 10733969
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