Binance Chain is a blockchain software system developed by Binance and its community. It is a decentralized exchange (DEX) that facilitates trading of digital assets on a peer-to-peer basis.
Binance Chain uses the native Binance Coin (BNB) as its base currency.
Binance Chain is designed to be scalable, fast, and secure. It uses a Proof of Stake (PoS) consensus mechanism that enables anyone with BNB to become a validator.
Binance Chain also features a Decentralized Exchange Order Book (DEOB) that allows for the issuance, trading, and listing of digital assets on the chain.
NOTE: WARNING: Binance Chain is a decentralized platform for trading digital assets, and it is important to understand what coins are available on the platform before trading. It is also important to note that some coins on Binance Chain may be considered high-risk investments and should be researched thoroughly before investing. Additionally, there may be fees associated with the use of Binance Chain, so it is important to understand the potential costs associated with using the platform. Finally, investors should always keep in mind their own individual financial situation and investment goals before deciding to invest in any asset on Binance Chain.
The Binance Chain mainnet was launched on April 18, 2019. The first block was mined at block height 347,430 with a total of 30 validators.
Binance DEX went live on April 23, 2019 with a trading pair of BNB/USDT. As of June 2019, there are over 50 digital assets listed on Binance DEX.
Coins that are on Binance Chain include:
-Binance Coin (BNB)
-Bitcoin (BTC)
-Ethereum (ETH)
-Tether (USDT)
-TRON (TRX)
-XRP (XRP)
-BNB Token (BNB-1A)
-EOS Token (EOS)
Coins that are not on Binance Chain include:
-Litecoin (LTC)
-Monero (XMR).
9 Related Question Answers Found
The Binance Smart Chain is a new blockchain that is compatible with the Ethereum Virtual Machine (EVM). This makes it possible to run Ethereum smart contracts on the Binance chain. The Binance Smart Chain also has its own native token, BNB.
Binance Smart Chain is a blockchain that is optimized for high performance trading and supports the same smart contract language as Ethereum. The Binance team has developed a new virtual machine, called the Binance Smart Chain Virtual Machine (BSCVM), that is designed to be compatible with the Ethereum Virtual Machine (EVM). This will allow developers to port their Ethereum smart contracts over to Binance Smart Chain with little effort.
Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. As of February 2018, Binance was the largest cryptocurrency exchange in the world in terms of trading volume. Binance offers many different coins, including popular ones such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH).
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, has announced it will be listing five new coins on its platform. The coins to be listed are Bitcoin Cash (BCH), Ethereum Classic (ETC), Litecoin (LTC), Cardano (ADA), and Zcash (ZEC). This is big news for the crypto community as Binance is one of the most popular exchanges.
Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. As of January 2018, Binance was the largest cryptocurrency exchange in the world in terms of trading volume. Binance is a relatively new exchange, founded in July 2017, but has quickly grown to become one of the most popular exchanges.
Binance, the world’s leading cryptocurrency exchange by trading volume, has announced that it will be listing five new coins on its platform. The new coins are Bitcoin Cash ABC (BCHABC), Ethereum Classic (ETC), Litecoin (LTC), XRP, and Stellar Lumens (XLM). This is in addition to the already existing list of coins that are traded on Binance, which includes Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB).
Binance is a cryptocurrency exchange that allows you to trade in a variety of digital currencies. The most popular coins that are traded on Binance are Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Ripple. There are also a number of altcoins that are available for trading.
Binance Chain is a decentralized cryptocurrency exchange platform developed by Binance and its community. It is a blockchain-based system that allows for the issuance and trading of digital assets on a secure and decentralized platform. Binance Chain uses the native Binance Coin (BNB) as its base currency.
Binance is a world-renowned cryptocurrency exchange that offers an extensive range of digital assets. The platform is easy to use and has a variety of features that make it one of the most popular exchanges in the industry. One of the most important things to consider when choosing a cryptocurrency exchange is the range of coins that are available.
