Binance, Exchanges

What Is Binance Invested In?

Binance is a cryptocurrency exchange that was founded in 2017. The company is headquartered in Malta and has offices in Singapore, Tokyo, and Hong Kong.

Binance is the world’s largest cryptocurrency exchange with a daily trading volume of over $2 billion. The company has over 10 million users and offers a platform for trading over 100 cryptocurrencies.

Binance was founded by Changpeng Zhao, who is also the CEO of the company. Zhao is a former software developer at Alibaba and OKCoin.

Binance is backed by Chinese investment firms including Sequoia Capital, Fosun Group, and GIC. The company raised $15 million in a Series A funding round in July 2017.

Binance offers two types of accounts: Basic and Advanced. Basic accounts have a daily withdrawal limit of 2 BTC while Advanced accounts have a daily withdrawal limit of 100 BTC.

NOTE: WARNING: Investing in Binance carries a high degree of risk, as it is a relatively new and unregulated cryptocurrency exchange. There is no guarantee of the safety or security of funds invested in Binance, and investors are urged to investigate any potential investments thoroughly before investing. Additionally, it is important to be aware of the risks associated with investing in any digital currency, as the value can be extremely volatile.

Binance also has a mobile app for Android and iOS devices.

In November 2017, Binance announced that it would be launching its own cryptocurrency, called the Binance Coin (BNB). The BNB coin is an ERC20 token built on the Ethereum blockchain. The token can be used to pay for fees on the Binance platform.

Users who hold BNB tokens will receive a 50% discount on trading fees. In January 2018, Binance announced that it had completed its ICO and had raised $1 billion.

The Binance platform has been used to trade several different digital assets including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Dash, IOTA, Monero, NEM, EOS, Cardano, Stellar Lumens, NEO, Zcash, TRON, Qtum, Lisk, OmiseGO, Ethereum Classic, ICONOMI, Augur REP tokens , Status SNT , 0x , VeChain VEN , Walton WTC , Bytom BTM , Populous PPT , QASH , loopring LRC , Kyber Network KNC , Bibox Token BIBOX , Dragonchain DRGN , centrality CENNZ ,bread BRD , funfair FUN , power ledger POWR

What Is Binance Invested In?
Binance is invested in offering a platform to trade digital assets including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ripple (XRP), Dash (DASH), IOTA (IOT), Monero (XMR), NEM (XEM), EOS (EOS), Cardano (ADA), Stellar Lumens (XLM), NEO (NEO), Zcash (ZEC), TRON (TRX), Qtum (QTUM), Lisk (LSK), OmiseGO(OMG), Ethereum Classic(ETC), ICONOMI(ICN) tokens among others.

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