Cryptocurrency is digital or virtual money that uses cryptography for security. A key feature of cryptocurrency is that it is not regulated by any central authority: the decentralized nature of the blockchain makes cryptocurrency theoretically immune to the old ways of government control and interference.
Cryptocurrency is also sometimes called altcoin, short for alternative coin.
Binance is a cryptocurrency exchange with a focus on the Chinese market and other Chinese coins. Binance offers two types of trading pairs: Basic and Advanced.
NOTE: WARNING: Investing in cryptocurrencies, such as CBM on Binance, is a high risk activity. Prices can fluctuate widely, and losses can occur suddenly and without warning. Before investing, ensure that you have researched the risks associated with this type of investment and understand them. Do not invest more than you can afford to lose.
Basic allows trading only in cryptocurrency, while Advanced allows trading in both cryptocurrency and fiat currencies. Binance also has an iOS and Android app.
CBM is an ERC20 token based on the Ethereum blockchain. CBM is short for Cryptocurrency Bonus Miner.
The project team behind CBM believes that their token will increase in value as more people use it to pay for goods and services. The team also plans to use a portion of the tokens they mined to buy back CBM tokens from exchanges, which they believe will help stabilize the price.
10 Related Question Answers Found
CBM is an altcoin that was created as a fork of Bitcoin. It uses the same proof-of-work algorithm as Bitcoin, but it has a different block size and reward structure. CBM was designed to be a more lightweight and efficient version of Bitcoin.
Busd is a stablecoin that is pegged to the US Dollar. It is an ERC20 token that is issued by the Binance Chain. The aim of Busd is to provide a stable and decentralized currency that can be used to trade on the Binance Chain.
BSC stands for Binance Smart Chain. It is a smart contract platform that runs on top of the Binance Chain blockchain. BSC is designed to offer high performance and scalable dapps while keeping them compatible with the Ethereum Virtual Machine (EVM).
OMG is a decentralized finance protocol that enables the transfer of value and assets on the Ethereum blockchain. It is also the native token of the OmiseGO network. OMG allows users to send and receive payments in any currency, including fiat currencies, cryptocurrencies, and even loyalty points.
Binance is a world-leading blockchain technology company that provides a digital asset exchange platform for trading cryptocurrencies. The company’s vision is to provide freedom of financial services to the world by using blockchain technology. Binance was founded in 2017 by Changpeng Zhao and Yi He.
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 was founded in July 2017 by Changpeng Zhao and Yi He.
Binance is a world-leading blockchain company that provides a financial platform for trading digital assets. They have recently released several new features on their platform, including a new staking feature, new language options, and an updated mobile app. The staking feature allows users to earn rewards by holding certain digital assets in their Binance account.
BHC is an abbreviation for Bitcoin Hashrate. It is a unit of measurement used to indicate the processing power of the Bitcoin network. The more processing power, the more secure the network is and the more difficult it becomes for bad actors to attack it.
Binance is a digital asset exchange that facilitates trading of cryptocurrencies. The name “Binance” is a combination of two words – binary and finance. The company behind Binance is Binance Ltd.
Binance, the world’s largest cryptocurrency exchange by trading volume, is being investigated by Japanese authorities. The Tokyo Metropolitan Police Department (MPD) has reportedly been investigating the platform since March 2018, for possible violations of the country’s Banking Act. The MPD is said to be looking into whether Binance violated the act by operating without a proper license.
