Binance Coin BNB to BitCapitalVendor BCV Exchange

Crypto Pair Details: BNB to BCV

Binance Coin BNB

Binance Coin is the cryptocurrency of the Binance platform. It is a trading platform exclusively for cryptocurrencies. The name 'Binance' is a combination of binary and finance. Thus, the startup name shows that only cryptocurrencies can be traded against each other. It is not possible to trade crypto currencies against Fiat. The platform achieved an enormous success within a very short time and is focused on worldwide market with Malta headquarters. The cryptocurrency currently has a daily trading volume of 1.5 billion - 2 billion US dollars and is still increasing. In total, there will only be 200 million BNBs. Binance uses the ERC20 token standard from Ethereum and has distributed it as follow: 50% sold on ICO, 40% to the team and 10% to Angel investors. The coin can be used to pay fees on Binance. These include trading fees, transaction fees, listing fees and others. Binance gives you a huge discount when fees are paid in BNB. The schedule of BNB fees discount is as follow: In the first year, 50% discount on all fees, second year 25% discount, third year 12.5% discount, fourth year 6.75 % discount, and from the fifth year onwards there is no discount. This structure is used to incentivize users to buy BNB and do trades within Binance. Binance announced in a buyback plan that it would buy back up to 100 million BNB in Q1 2018. The coins are then burned. This means that they are devaluated to increase the value of the remaining coins. This benefits investors. In the future, the cryptocurrency will remain an asset on the trading platform and will be used as gas. Other tokens that are issued by exchanges include Bibox Token, OKB, Huobi Token, and more.

BitCapitalVendor BCV

Digital Asset Management Platform DIGITAL ASSET MANAGEMENT APPLICATION – BCV WALLET Digital asset wallet application with leading encryption and security technologies based on blockchain technology, providing users with secure, easy-to-use and fast digital asset management services. DIGITAL ASSET RED POCKET - CANDY LOT Quickly issue digital asset red pocket, support common blockchain project communities such as WeChat, QQ, and Telegram. BEHAVIOR MINING - SPINACH MANOR Blockchain technology-based behavior mining and reward system, a total of 120 million BCVs are used to reward the daily activities of the users. The total amount is constant, halved during time, and never increased. DIGITAL ASSET MANAGEMENT PLATFORM - ENCRYPTOMORE Purchasing EncryptoMore Plan locks in future earnings in advance, collect your profit at the end of the locking period and enjoy the growth of your personal assets ONE-CLICK TOOL FOR EFFICIENT MULTI-ADDRESS TOKEN TRANSFER — TRANSFERQUICK One-click upload all addresses, support multiple tokens, copy-and-paste no more, power up your efficiency. DIGITAL ASSET DATABASE — CHAIN RADAR Blockchain project information database and information provider

SOURCE: COINGECKO

instantcryptocurrencyexchange Statistics

Instant Cryptocurrency Exchange Platform