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What is Binance?

Binance is a cryptocurrency exchange which is currently the largest exchange in the world in terms of daily trading volume of cryptocurrencies. It was founded in 2017 and is registered in the Cayman Islands . Binance was founded by Changpeng Zhao, a developer who had previously created high frequency trading software.

What is Binance coin (BNB) cryptocurrency?

Throughout its history, the company has launched two cryptocurrencies which it developed itself: Binance Coin (BNB), launched June 2017, and Binance Smart Chain (BSC), launched September 2020. As of 2021, Binance Coin was the cryptocurrency with the third highest market capitalization.

What is the price of Binance USD?

Binance has the lowest transaction fee rate amongst all major trading platforms. The live price of Binance USD is $ 1.0003467 per (BUSD / USD) today with a current market cap of $ 19.56B USD. 24-hour trading volume is $ 3.95B USD. BUSD to USD price is updated in real-time.

What is Binance smart chain (BNT)?

Binance Smart Chain operates using "Proof of Staked Authority", a combination of proof of stake and proof of authority. It currently has 21 approved validators. As of 2021, Binance Coin was the cryptocurrency with the third highest market capitalization.

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