LIVEshah1981
@Square-Creator-0cdbf6c53abd
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Skatīt oriģinālu
Teksasa un tās kaimiņu dienvidaustrumu štati atrodas ASV ekonomikas un iedzīvotāju skaita pieauguma priekšgalā, padarot tos par optimālu vietu jaunai valsts vērtspapīru biržai. Džeimss Lī, TXSE Group Inc. dibinātājs un izpilddirektors, izteicās: "Mēs esam priecīgi īstenot ilgtermiņa vīziju par nacionālo biržu Teksasā." Izpilddirektors precizēja:
Teksasa un citi štati dienvidaustrumu kvadrantā ir kļuvuši par ekonomikas lielvarām. Apvienojumā ar investoru un korporāciju pieprasījumu pēc paplašinātām alternatīvām tirdzniecībai un akciju sarakstam, šis ir piemērots laiks, lai Teksasā izveidotu lielu nacionālo biržu.
Teksasa un citi štati dienvidaustrumu kvadrantā ir kļuvuši par ekonomikas lielvarām. Apvienojumā ar investoru un korporāciju pieprasījumu pēc paplašinātām alternatīvām tirdzniecībai un akciju sarakstam, šis ir piemērots laiks, lai Teksasā izveidotu lielu nacionālo biržu.
Skatīt oriģinālu
Jaunās Teksasas fondu biržas gaidāmā debija sakrīt ar mainīgo dinamiku akciju tirgos, kas paver ceļu lielākai konkurencei un saskaņošanai. Tā kā korporatīvie emitenti un ETP sponsori aicina uzlabot biržas standartu un izmaksu stabilitāti un paredzamību, TXSE mērķis ir paplašināt piekļuvi ASV kapitāla tirgiem visiem investoriem un uzlabot tirgus pieejamību publiskajiem uzņēmumiem un struktūrām, kas meklē publisko kapitālu.
"Paredzams, ka ar aptuveni 120 miljonu dolāru piesaistīto kapitālu TXSE būs viskapitalizētākais biržas dalībnieks, kas iesniegs reģistrāciju ASV Vērtspapīru un biržu komisijā," piebilsts paziņojumā, norādot, ka birža plāno iesniegt reģistrāciju SEC. kā valsts vērtspapīru birža vēlāk šogad. "TXSE būs pilnībā elektroniska valsts vērtspapīru birža, kas centīsies reģistrēties ASV Vērtspapīru un biržu komisijā," paskaidroja uzņēmums.
"Paredzams, ka ar aptuveni 120 miljonu dolāru piesaistīto kapitālu TXSE būs viskapitalizētākais biržas dalībnieks, kas iesniegs reģistrāciju ASV Vērtspapīru un biržu komisijā," piebilsts paziņojumā, norādot, ka birža plāno iesniegt reģistrāciju SEC. kā valsts vērtspapīru birža vēlāk šogad. "TXSE būs pilnībā elektroniska valsts vērtspapīru birža, kas centīsies reģistrēties ASV Vērtspapīru un biržu komisijā," paskaidroja uzņēmums.
Tulkot
Texas Stock Exchange Backed by Blackrock, Citadel Securities
TXSE Group Inc. announced on Wednesday that it is launching the Texas Stock Exchange (TXSE) in Dallas, supported by leading financial institutions. The company “successfully completed its initial capital raise with participation from more than two dozen investors, including some of the largest financial institutions and liquidity providers in the world, such as Blackrock and Citadel Securities, as well as prominent business leaders from around the country,” the announcement explains, adding:
TXSE will focus on enabling U.S. and global companies to access U.S. equity capital markets and will provide a venue to trade and list public companies and the growing universe of exchange-traded products.
TXSE Group Inc. announced on Wednesday that it is launching the Texas Stock Exchange (TXSE) in Dallas, supported by leading financial institutions. The company “successfully completed its initial capital raise with participation from more than two dozen investors, including some of the largest financial institutions and liquidity providers in the world, such as Blackrock and Citadel Securities, as well as prominent business leaders from around the country,” the announcement explains, adding:
TXSE will focus on enabling U.S. and global companies to access U.S. equity capital markets and will provide a venue to trade and list public companies and the growing universe of exchange-traded products.
Skatīt oriģinālu
TXSE Group Inc., ko atbalsta tādas lielākās finanšu institūcijas kā Blackrock un Citadel Securities, ir paziņojusi par savu plānu uzsākt Teksasas fondu biržu (TXSE) Dalasā. Šī jaunā birža nodrošinās platformu valsts uzņēmumu un biržā tirgoto produktu tirdzniecībai un sarakstam. Ar kapitāla palielināšanu aptuveni 120 miljonu ASV dolāru apmērā TXSE paziņoja, ka tā ir gatava kļūt par nozīmīgu spēlētāju ASV akciju tirgos, veicinot uzlabotu konkurenci un pieejamību.
Tulkot
How Do Crypto Savings Accounts Compare to Traditional Bank Accounts?
Traditional and crypto-backed savings accounts have quite a bit in common. Both require you to deposit funds, and both pay interest based on the amount of currency you’ve deposited. You also have the ability to deposit or withdraw funds for each type of account, though some of the rules relating to that access can vary.
One of the major differences between the two kinds of savings accounts — and the driving force behind much of the interest in crypto-backed variety — is the interest rate. The average interest rate on a traditional savings account is just 0.06%. Even with high-yield savings accounts, interest rates still often fall below 1%, barring a few outliers.
Crypto savings accounts provide far better yields. While the amount can vary depending on the provider, timing and the digital currency involved, you may find some cryptocurrency-based accounts offering double-digit returns.
When it comes to withdrawing funds, traditional savings accounts usually let you withdraw what you’ve deposited at any time, as long as you make no more than six withdrawals monthly. With crypto-backed accounts, the rules vary between providers. Some may prevent you from withdrawing the cryptocurrency for a certain length of time after depositing it. You may also encounter withdrawal fees, something you don’t see with traditional accounts in most cases.
Another big difference involves federal account protection. Traditional bank accounts are insured by the Federal Deposit Insurance Corporation (FDIC), an agency that protects accountholders and ensures they can recoup money they’ve deposited — up to a limit of $250,000 — if the bank somehow fails. The same goes for credit union savings accounts through National Credit Union Administration (NCUA) insurance.
With cryptocurrency savings accounts, there’s no guarantee that any kind of insurance is in place. If the provider or platform fails and you’re cut off from access to the wallet holding your deposits, you might never be able to recover that digital currency.
Traditional and crypto-backed savings accounts have quite a bit in common. Both require you to deposit funds, and both pay interest based on the amount of currency you’ve deposited. You also have the ability to deposit or withdraw funds for each type of account, though some of the rules relating to that access can vary.
One of the major differences between the two kinds of savings accounts — and the driving force behind much of the interest in crypto-backed variety — is the interest rate. The average interest rate on a traditional savings account is just 0.06%. Even with high-yield savings accounts, interest rates still often fall below 1%, barring a few outliers.
Crypto savings accounts provide far better yields. While the amount can vary depending on the provider, timing and the digital currency involved, you may find some cryptocurrency-based accounts offering double-digit returns.
When it comes to withdrawing funds, traditional savings accounts usually let you withdraw what you’ve deposited at any time, as long as you make no more than six withdrawals monthly. With crypto-backed accounts, the rules vary between providers. Some may prevent you from withdrawing the cryptocurrency for a certain length of time after depositing it. You may also encounter withdrawal fees, something you don’t see with traditional accounts in most cases.
Another big difference involves federal account protection. Traditional bank accounts are insured by the Federal Deposit Insurance Corporation (FDIC), an agency that protects accountholders and ensures they can recoup money they’ve deposited — up to a limit of $250,000 — if the bank somehow fails. The same goes for credit union savings accounts through National Credit Union Administration (NCUA) insurance.
With cryptocurrency savings accounts, there’s no guarantee that any kind of insurance is in place. If the provider or platform fails and you’re cut off from access to the wallet holding your deposits, you might never be able to recover that digital currency.
Tulkot
What Are Crypto Savings Accounts, and How Do They Work?
On the surface, crypto savings accounts work like traditional savings accounts — they’re financial accounts that you deposit cryptocurrency into so you can begin earning interest on its value. You deposit whatever amount of cryptocurrency you’d like; whether you choose to deposit some or all of your holdings is up to you. You simply use crypto instead of a fiat currency, like dollars, to fund this type of account.
Functionally speaking, cryptocurrency savings accounts are pretty straightforward. Once you open an account with a provider, you’ll deposit your desired amount of cryptocurrency by sending it to a new crypto wallet that’s associated with your account. Once there, other platforms can borrow those crypto assets. Whenever those digital coins are borrowed, you earn interest.
The amount of interest you’ll earn is determined before other platforms borrow your crypto, giving you clear insights into the earning potential of your digital currency. However, the interest rates can change over time, meaning they can fluctuate in response to financial market conditions or adjust based on other factors. For example, when demand for cryptocurrency is high, interest rates typically rise. When demand declines, interest rates fall.
While market conditions play a big role in the equation, other elements also come into play. For instance, the provider you select matters, as some offer more competitive interest rates than others. Additionally, like all financial accounts, you could encounter savings platforms that charge fees or have other costs associated with the service, even though not all do.
It’s also important to note that the type of currency you receive as your interest payments may vary. The same goes for interest schedules, with some platforms paying interest out on a daily basis and others making monthly payments. Whether or not the interest is compounding may also change depending on the provider platform.
On the surface, crypto savings accounts work like traditional savings accounts — they’re financial accounts that you deposit cryptocurrency into so you can begin earning interest on its value. You deposit whatever amount of cryptocurrency you’d like; whether you choose to deposit some or all of your holdings is up to you. You simply use crypto instead of a fiat currency, like dollars, to fund this type of account.
Functionally speaking, cryptocurrency savings accounts are pretty straightforward. Once you open an account with a provider, you’ll deposit your desired amount of cryptocurrency by sending it to a new crypto wallet that’s associated with your account. Once there, other platforms can borrow those crypto assets. Whenever those digital coins are borrowed, you earn interest.
The amount of interest you’ll earn is determined before other platforms borrow your crypto, giving you clear insights into the earning potential of your digital currency. However, the interest rates can change over time, meaning they can fluctuate in response to financial market conditions or adjust based on other factors. For example, when demand for cryptocurrency is high, interest rates typically rise. When demand declines, interest rates fall.
While market conditions play a big role in the equation, other elements also come into play. For instance, the provider you select matters, as some offer more competitive interest rates than others. Additionally, like all financial accounts, you could encounter savings platforms that charge fees or have other costs associated with the service, even though not all do.
It’s also important to note that the type of currency you receive as your interest payments may vary. The same goes for interest schedules, with some platforms paying interest out on a daily basis and others making monthly payments. Whether or not the interest is compounding may also change depending on the provider platform.
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Esiet piesardzīgs ar to, kam uzticaties
Neatkarīgi no tā, vai esat Binance lietotājs vai blokķēdes starta dibinātājs, modrība ir visspēcīgākais ierocis. Noziedzniekiem nav vajadzīgas progresīvas tehniskās prasmes, lai nozagtu jūsu līdzekļus — viss, kas nepieciešams, lai jūs viņiem noticētu.
Ja saņemat e-pasta ziņojumu no personas, kura apgalvo, ka ir “Binance darbinieki”, ņemiet vērā formulējumu. Viltotie ziņojumi bieži satur smalkas kļūdas, piemēram, pareizrakstības kļūdas, nepāra sintakse, mulsinošas frāzes un nepareizi uzrakstītus domēna nosaukumus.
Krāpnieki bieži mudina savus upurus rīkoties, radot nepatiesu steidzamības sajūtu. Piemēram, krāpniecības e-pastā var būt teikts:
“Jūsu Binance konta derīguma termiņš beigsies pēc nedēļas. Lai izvairītos no līdzekļu zaudēšanas, lūdzu, pārvietojiet savus līdzekļus uz šo drošā maka adresi.
Lietotājiem vienmēr jābūt aizdomīgiem par ziņojumiem, kuros tiek lūgts pārskaitīt naudu vai kopīgot sensitīvu informāciju, piemēram, personas datus vai paroles. Lai iegūtu vairāk padomu par Binance konta aizsardzību, lietotāji var skatīt mūsu pilno drošības rokasgrāmatu.
Neatkarīgi no tā, vai esat Binance lietotājs vai blokķēdes starta dibinātājs, modrība ir visspēcīgākais ierocis. Noziedzniekiem nav vajadzīgas progresīvas tehniskās prasmes, lai nozagtu jūsu līdzekļus — viss, kas nepieciešams, lai jūs viņiem noticētu.
Ja saņemat e-pasta ziņojumu no personas, kura apgalvo, ka ir “Binance darbinieki”, ņemiet vērā formulējumu. Viltotie ziņojumi bieži satur smalkas kļūdas, piemēram, pareizrakstības kļūdas, nepāra sintakse, mulsinošas frāzes un nepareizi uzrakstītus domēna nosaukumus.
Krāpnieki bieži mudina savus upurus rīkoties, radot nepatiesu steidzamības sajūtu. Piemēram, krāpniecības e-pastā var būt teikts:
“Jūsu Binance konta derīguma termiņš beigsies pēc nedēļas. Lai izvairītos no līdzekļu zaudēšanas, lūdzu, pārvietojiet savus līdzekļus uz šo drošā maka adresi.
Lietotājiem vienmēr jābūt aizdomīgiem par ziņojumiem, kuros tiek lūgts pārskaitīt naudu vai kopīgot sensitīvu informāciju, piemēram, personas datus vai paroles. Lai iegūtu vairāk padomu par Binance konta aizsardzību, lietotāji var skatīt mūsu pilno drošības rokasgrāmatu.
Tulkot
The first line of defense, however, is always the users themselves. As a member of the crypto community, it’s imperative that you:
Be vigilant and always take proactive steps to ensure you don’t fall prey to scams and impersonations.
Use the Binance Verify tool to check whether the account officially represents Binance. Please note that Binance Verify is not foolproof. For example, a scammer can spoof their “from” email address or hide behind the real name of a Binance employee. In both cases, Binance Verify would produce mixed results.
Report any suspicious activities or accounts to Binance Support
Be vigilant and always take proactive steps to ensure you don’t fall prey to scams and impersonations.
Use the Binance Verify tool to check whether the account officially represents Binance. Please note that Binance Verify is not foolproof. For example, a scammer can spoof their “from” email address or hide behind the real name of a Binance employee. In both cases, Binance Verify would produce mixed results.
Report any suspicious activities or accounts to Binance Support
Skatīt oriģinālu
Kad es sāku strādāt Binance aptuveni pirms gada, mani šokēja drošības protokolu slāņi, kas jaunajiem darbiniekiem bija jāiziet, lai sāktu darbu. Es nezināju, ka uzņemšanas process bija vienkāršākā daļa. Binance darbinieki visā pasaulē regulāri iziet apmācību un izlases veida drošības pārbaudes, lai nodrošinātu, ka viņi ievēro stingros spēkā esošos kiberdrošības noteikumus.
Neskatoties uz to, ka iepriekš biju vadījis vienu no pasaulē lielākajām kiberdrošības komandām un pārvaldījis dažus no lielākajiem datu pārkāpumiem vēsturē (ASV OPM, Ešlija Medisona u.c.), es nebiju gatavs kiberuzbrukumiem, pikšķerēšanas uzbrukumiem un krāpniecības uzbrukumiem, kuru mērķis ir regulāri kriptogrāfijas kopiena. Tagad es saprotu, kāpēc Binance pieliek visas pūles.
Tomēr noziedznieki gandrīz vienmēr atradīs veidu, kā pielāgoties un apiet pat visdrošāko sistēmu. Pēdējā mēneša laikā esmu saņēmis vairākus tiešsaistes ziņojumus ar pateicību par to, ka atradu laiku, lai tiktos ar projektu komandām par iespējamām iespējām uzskaitīt savus aktīvus vietnē Binance.com. Tas bija dīvaini, jo man nav nekādas pārraudzības vai ieskata Binance sarakstos, kā arī iepriekš nebiju tikusies ar kādu no šiem cilvēkiem.
Izrādās, ka sarežģīta hakeru komanda gadu gaitā izmantoja iepriekšējās ziņu intervijas un TV uzstāšanās, lai izveidotu “dziļu viltojumu” par mani. Izņemot 15 mārciņas, ko COVID laikā pieņēmu, manāmi nebija, šis dziļais viltojums bija pietiekami izsmalcināts, lai apmānītu vairākus ļoti inteliģentus kriptovalūtu kopienas locekļus.
Papildus šim jaunākajam incidentam nesen ir pieaudzis hakeru skaits, kas izliekas par Binance darbiniekiem un vadītājiem tādās platformās kā Twitter, LinkedIn, Telegram utt. Mēs esam gatavi aizstāvēt savus lietotājus un ekosistēmu. Galu galā mums ir lielākā un pieredzes bagātākā kiberdrošības komanda nozarē, ko papildina vadošie izmeklētāji ar pieredzi FIB, ASV Slepenajā dienestā, IRS, Eiropolā un citās cienījamās aģentūrās, kurām ir pierādīta pieredze kibernoziedzības apkarošanā. Šie pasaules līmeņa eksperti ir šeit, lai palīdzētu Binance izveidot digitālo līdzekļu ekosistēmu, kas ir droša un droša visiem lietotājiem.
Neskatoties uz to, ka iepriekš biju vadījis vienu no pasaulē lielākajām kiberdrošības komandām un pārvaldījis dažus no lielākajiem datu pārkāpumiem vēsturē (ASV OPM, Ešlija Medisona u.c.), es nebiju gatavs kiberuzbrukumiem, pikšķerēšanas uzbrukumiem un krāpniecības uzbrukumiem, kuru mērķis ir regulāri kriptogrāfijas kopiena. Tagad es saprotu, kāpēc Binance pieliek visas pūles.
Tomēr noziedznieki gandrīz vienmēr atradīs veidu, kā pielāgoties un apiet pat visdrošāko sistēmu. Pēdējā mēneša laikā esmu saņēmis vairākus tiešsaistes ziņojumus ar pateicību par to, ka atradu laiku, lai tiktos ar projektu komandām par iespējamām iespējām uzskaitīt savus aktīvus vietnē Binance.com. Tas bija dīvaini, jo man nav nekādas pārraudzības vai ieskata Binance sarakstos, kā arī iepriekš nebiju tikusies ar kādu no šiem cilvēkiem.
Izrādās, ka sarežģīta hakeru komanda gadu gaitā izmantoja iepriekšējās ziņu intervijas un TV uzstāšanās, lai izveidotu “dziļu viltojumu” par mani. Izņemot 15 mārciņas, ko COVID laikā pieņēmu, manāmi nebija, šis dziļais viltojums bija pietiekami izsmalcināts, lai apmānītu vairākus ļoti inteliģentus kriptovalūtu kopienas locekļus.
Papildus šim jaunākajam incidentam nesen ir pieaudzis hakeru skaits, kas izliekas par Binance darbiniekiem un vadītājiem tādās platformās kā Twitter, LinkedIn, Telegram utt. Mēs esam gatavi aizstāvēt savus lietotājus un ekosistēmu. Galu galā mums ir lielākā un pieredzes bagātākā kiberdrošības komanda nozarē, ko papildina vadošie izmeklētāji ar pieredzi FIB, ASV Slepenajā dienestā, IRS, Eiropolā un citās cienījamās aģentūrās, kurām ir pierādīta pieredze kibernoziedzības apkarošanā. Šie pasaules līmeņa eksperti ir šeit, lai palīdzētu Binance izveidot digitālo līdzekļu ekosistēmu, kas ir droša un droša visiem lietotājiem.
Skatīt oriģinālu
Kriptovalūtu platformas komunikācijas vadītājs sacīja, ka krāpnieki pievilināja kriptovalūtu projektu dibinātājus sapulcēs, izmantojot viņa viltojumu.
Krāpnieki bieži uzdodas par uzņēmumiem vai vadītājiem, izmantojot viltus e-pastus un sociālo mediju profilus. Tagad tiek ziņots, ka krāpnieki ir pacēluši lietas uz nākamo līmeni, izveidojot Binance, pasaulē lielākās kriptovalūtas platformas, izpilddirektora “dziļu viltojumu”.
Patriks Hilmans, uzņēmuma Binance galvenais komunikāciju virsnieks, apgalvo, ka “izsmalcināta hakeru komanda” izmantoja videoierakstus no viņa iepriekšējām TV uzstāšanās reizēm un digitāli mainīja to, lai par viņu izveidotu “AI hologrammu” un pievilinātu cilvēkus sapulcēs.
Uzņēmuma emuāra ierakstā**** Hillmans brīdināja lietotājus būt modriem pēc incidentiem.
Krāpnieki bieži uzdodas par uzņēmumiem vai vadītājiem, izmantojot viltus e-pastus un sociālo mediju profilus. Tagad tiek ziņots, ka krāpnieki ir pacēluši lietas uz nākamo līmeni, izveidojot Binance, pasaulē lielākās kriptovalūtas platformas, izpilddirektora “dziļu viltojumu”.
Patriks Hilmans, uzņēmuma Binance galvenais komunikāciju virsnieks, apgalvo, ka “izsmalcināta hakeru komanda” izmantoja videoierakstus no viņa iepriekšējām TV uzstāšanās reizēm un digitāli mainīja to, lai par viņu izveidotu “AI hologrammu” un pievilinātu cilvēkus sapulcēs.
Uzņēmuma emuāra ierakstā**** Hillmans brīdināja lietotājus būt modriem pēc incidentiem.
Tulkot
According to a lawsuit filed by the US SEC, Binance and its founder have mishandled funds and violated US securities laws.
The world's largest cryptocurrency exchange Binance and its founder Changpeng Zhao have been accused of misusing investor funds, operating as an unregistered exchange, and violating a slew of US securities laws in a lawsuit filed by US regulators.
Filed in a federal court in Washington DC, the US Securities and Exchange Commission (SEC) lawsuit on Monday lists 13 charges against the firm - including commingling and divert customer assets to an entity Zhao owned called Sigma Chain.
The news caused Bitcoin, the largest crypto in terms of value in circulation - worth over $500 billion (€468 billion) - to plummet, losing almost 2 per cent in a matter of minutes.
The world's largest cryptocurrency exchange Binance and its founder Changpeng Zhao have been accused of misusing investor funds, operating as an unregistered exchange, and violating a slew of US securities laws in a lawsuit filed by US regulators.
Filed in a federal court in Washington DC, the US Securities and Exchange Commission (SEC) lawsuit on Monday lists 13 charges against the firm - including commingling and divert customer assets to an entity Zhao owned called Sigma Chain.
The news caused Bitcoin, the largest crypto in terms of value in circulation - worth over $500 billion (€468 billion) - to plummet, losing almost 2 per cent in a matter of minutes.
Tulkot
How To Withdraw Crypto From BinanceWithdrawing crypto from Binance to another wallet is an easy process but may be delayed due to network congestion and verification by the receiving blockchain. To withdraw any crypto or fiat currency, log in to Binance and click on "Wallet" then "Withdraw". Next, select the crypto you would like to withdraw. Some crypto can be issued on multiple networks so you need to select the exact network. After this, you will need to copy the exact wallet address and click "Submit". Tap the coin in the receiving wallet and click "Receive". How to Withdraw Fiat From BinanceBinance supports a wide range of fiat currencies. To withdraw, log into your account, then click on "Wallet" and "fiat and spot". Click "Withdraw" then select "Fiat". Choose the currency you'll like to withdraw, then proceed to select the payment method.
This process varies depending on countries and regions. Enter the withdrawal amount and confirm. Most of the time, funds should be received within 30 minutes. You'll be charged withdrawal fees. Before every withdrawal is complete, you must complete the 2-step authentication process.
This process varies depending on countries and regions. Enter the withdrawal amount and confirm. Most of the time, funds should be received within 30 minutes. You'll be charged withdrawal fees. Before every withdrawal is complete, you must complete the 2-step authentication process.
Tulkot
How Safe Is Binance?Binance is a generally secure exchange, although it suffered a major hack in 2019 that resulted in 7,000 Bitcoins worth $40 million being stolen from the exchange. Binance has since strengthened its security and has promised that all losses will be recovered through its insurance fund. Binance uses two-factor authentication (2FA) to help secure user accounts. A well-known expression used by Binance CEO, Changpeng Zhao (CZ), to assure users is “SAFU”, implying that Binance’s funds are safe. While it initially only meant that funds are secure (here’s how), it now stands for “Secure Asset Fund for Users”, an emergency “rainy day” insurance fund.Binance has also previously worked with authorities to freeze hacked assets or criminals’ accounts, although it doesn’t roll back hacks on its proprietary blockchain Binance Smart Chain (BSC).
Tulkot
What Is Binance Coin (BNB) And How To Buy It?Binance Coin (BNB) is the cryptocurrency that powers the Binance ecosystem. At the time of writing, it ranks third in the list of top cryptocurrencies according to market capitalization. Back in 2017, Binance Coin (BNB) was created as a utility token to offer discounts on trading fees on the exchange. Within a short span of time, its uses have expanded. The coin can now be used on Binance Launchpad to avail free tokens of new projects. It can also be used as a payment method for travel bookings, entertainment services, and financial services. It is also used to pay the transaction fees on Binance Smart Chain. Just like any other cryptocurrency, BNB can be bought on a number of exchanges, including Binance, KuCoin, FTX, Gate.io, Bithumb, and Poloniex, among others.