Crypto Academy Week 9 - Publicación de tareas para [@yohan2on]
created for @torrealba2719
Biance Coin the cryptocurrency of Binance
What is Binance coin or BNB
created for @torrealba2719
How to buy
Where will this coin be bought, what kind of magic do I have to apply to have this coin? Well, nothing to be able to buy this currency is as simple as creating an account in the binance exchange, be careful not to be scared by the amount of verifications that you must pass since in the end you will have your reward, then with your credit card if you do not have any cryptocurrency you can make an initial purchase of this crypto asset directly on the page.
Another option you have if you already have a cryptocurrency would be to exchange it for this currency since it accepts many currencies to make direct exchange, of course bitcoin is included.
One of the incredible advantages is that you can acquire this currency by making a transfer from a traditional bank since Binance has alliances with most of the traditional banks worldwide, excellent news, isn't it?
The basic operation of BnB
In this section there is not much to say since news in itself does not bring this currency to the world of cryptocurrencies, only that it is used within the most famous exchange in the world and therefore the multiple alliances can make this currency reach and touch traditional banks since that is the near future of cryptocurrencies, since every day they are positioning themselves more and better.
Therefore, its operation is not very different from other currencies, its basic functions are what any currency would have to exchange assets, buy and sell the important thing here is that it has a large number of supported currencies, and its speed is extremely high since It supports 1.4 million transactions per second so that power was to be expected since it is the most famous exchange in the world.
created for @torrealba2719
BNB details
One of the technical details of the bnb is that it is an ERC20 Token that runs under the ethereum blockchain, as expected a token that works as a contract since the options within the chain are varied and it was fair and necessary that it should be that way . Apart from being used to pay commissions or reduce them within the binance platform, it is also used to invest in what they call binance Launchpad, this is nothing more than the launches of emerging currencies on the platform.
This has every day increases its popularity thanks to the speed of its transactions and has become one of the most important currencies in the world, the only detail that I find that seems strange to me that it is not possible to exchange fiat currencies with this something inexplicable since binance they have the ability to do it but they will know why they don't. the truth is that it has had great acceptance and large price increases in recent months.
Considerations to take into account.
Currency value currently.
Today is US $ 549.27 with a 24-hour trading volume of US $ 7,335,314,878. The price has dropped to -3.4% in the last 24 hours. It has a circulating quantity of 150 million coins and a maximum quantity of 200 million coins. Binance is the most active market that is trading in this currency.
My conclusion
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@yohan2on
@kouba01
@steemcurator01
@steemcurator02
All images used were created by me to avoid copyright issues except https://www.coingecko.com/es/monedas/binance-coin
Hi @torrealba2719
Thanks for your attendance and participation in the Steemit Crypto Academy
Feedback
This is good work. Well done with your research on BNB
Homework task
8
Gracias y éxitos amigos mios