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Binance Coin is the digital token of the Binance exchange. It is an exchanging token only for cryptographic forms of money. The name "Binance" is a blend of binary and finance.
There is no technology description for Binance Coin yet.
We can not provide any looks into the future for Binance Coin yet.
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Organization: Domain Protection Services, Inc.
Name: Whois Agent
Address: PO Box 1769
Creation date: 2017-04-01
Expiration date: 2021-04-01
Binance describes a world-class crypto exchange, powering the future of crypto finance and the Binance coin that supports it.
The whitepaper of Binance Coin is 17 Pages long.
The most influencial keywords are: Exchange, Binance, Trading, Trade, Security, Team, Clients, Data, Market, and Systems.file_downloadOpen Whitepaper
COBINHOOD is a cryptocurrency exchange with trading interface and COB ERC-20 token. Also it has 0% trading fees without any conditions.
The world's first broker-less financial trading platform
Huobi is a world famous Bitcoin exchange. On Huobi, you can trade Litecoin (LTC), Ethereum (ETH), Bitcoin Cash (BCH), Ethereum Classic (ETC), DASH, etc, using Bitcoin (BTC) and USDT.
Binance Coin was founded back in July 2017.
Its source code was released publicly on github on August 2018
under the Apache License 2.0 license.
Organization wise, Binance Coins Development is Centralized and is being developed under the lead of Changpeng Zhao .
The consensus on which the Binance Coin network is run is called Byzantine Fault Tolerance, while
the underlying algorithm is called Tendermint (BFT).
In the current state of Binance Coin currently is Working product
Binance is a blockchain ecosystem comprised of Exchange, Labs, Launchpad, and Info. Binance Exchange is one of the fastest growing and most popular cryptocurrency exchanges in the world. Founded by a team of fintech and crypto experts — it is capable of processing more than 1.4 million orders per second, making it one of the fastest exchanges in the world. The platform focuses on security, robustness, and execution speed — attracting enthusiasts and professional traders alike.
|view_list r/binance Subreddit|
|person 57,400 Subscribers|
|directions_run 230 Active Users|
|create 11 Daily Posts|
|speaker_notes 25 Daily Comments|
Please type /communities in the chat to find our other communities.
Beware of scams. Never provide your private keys/phrases to anyone.
|view_list Binance English Channel|
|person 99,074 Members|
|directions_run 5,929 Online|
Official Twitter account for Binance Coin
|view_list @binance Channel|
|person 1,062,090 Followers|
|[TWITTERPOST]||11.18.2019||Shift Money 2019 conference from Nov 18 - 19 in Croatia.|
|Istanbul Meetup||11.20.2019||"Join @Fetch_ai CEO @HMsheikh4 and Binance CEO @cz_binance at the Binance meetup in Istanbul|
|LA Bit Conf||12.12.2019||Latin America Bitcoin & Blockchain Conference in Uruguay from Dec 12th - 13th.|
The Google Trends chart displays the search interest on google in Binance Coin relative to its peak over the last year. A rising chart shows growing interest int he project.
Every change to the codebase of Binance Coin is registered as a commit. More active projects have many commits, dead projects nearly none.
Extending a project results in many new lines of code. Changing existing code results in nearly the same amount of additions and deletions. Projects that are growing show a large number of code additions with relatively few deletions.
|star 99 Stars|
|remove_red_eye 19 Watchers|
|usb 69 Forks|
|sync_problem 24 Open Issues|
|border_color 0.2 % Comment Coverage|
|lock_open Apache Licen License|
Convert between BNB and USD with the live Binance Coin prices, aggregated from all big exchanges that trade Binance Coin.
Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.
It is not exactly clear who is the main driving force behind Binance Coin.
Chief growth officer
Director of product
Global pr manager
Head of binance labs
Christy Hyungwon Choi
Director at binance labs
Senior product manager
Senior software developer
Head of singapore
On March 7, 2018, hackers tried to steal money from some Binance user accounts, but the security system of Binance prevented this. The hackers got access to the accounts through phishing methods (copied the Binance.com page and replaced it with their own page with a similar looking name). 
Binance launched it's own stable coin BGBR on 23 March 2019 as a response to the Tether scandal.  
Binance is working on a decentralized exchange (DEX). The genesis block for the Binance Chain was mined on April 18, 2019. Binance wants to get ahead of other blockchain companies and Binance is trying to build a DEX that uses BNB, but still wants to control which altcoins can be traded on it. 
Binance redesigned their website in June 2019. 
The Binance Coin is a utility token that users of the cryptocurrency exchange binance.com may use to reduce the fees of sell/buy orders by up to 50%. The success is therefore directly tied to the performance of binance.com. 
Binance.com is the biggest exchange and has a very high reputation amongst the cryptocurrency community. 
There are many altcoins listed on the exchange and Binance sorts out coins that show bad behaviour, such as lack of commitment of team to the project, low level or quality of development activity, level of public communication or evidence of unethical conduct. 
The Binance Coin is an ERC-20 token that was made by the founder of the exchange binance.com, Changpeng Zhao. He is a co-founder of blockchain.com (former blockchain.info) and was the CTO (chief technology officer) of OKCoin. 
|Security||Relatively high. The coin has been around for a while.|
|Adoption||The coin has a high acceptance rate compared to other cryptocurrencies.|
|Product availability||The product is already available.|
|Transactions per second||It can handle much less transactions per second compared to other cryptocurrencies.|
|Transaction speed||The transaction speed is much lower compared to other cryptocurrencies.|
|Transaction cost||The transaction fees are much higher compared to other cryptocurrencies.|
|Enery consumption||The energy consumption is high compared to other cryptocurrencies.|
|Decentralization||Binance coin is centralized.|
|Exchange availability||The coin is not available on the major trusted exchanges.|
|Privacy||Transactions with this coin are pseudonymous.|
Binance is already huge and strives to gain momentum. A highly possible outcome is that Binance remains the leader of the exchanges and thus gets a lot of attention from future traders. Binance already gained the communities trust by creating the #safu funds that would be used if money was stolen from the exchange.
Binance is developing multiple use cases for blockchain. The upcoming decentralized exchange (DEX) is in the works.
Binance has already built a peak as the leader of the cryptocurrency exchanges. The Binance coin could become an even more used coin as more projects are built that support it.
Binance Coin (BNB) is the only coin that can be used to reduce fees on the Binance Exchange, but it’s not the coin that’s used on all exchanges. Other exchanges use their own coins.
Binance has become a huge force in the Crypto sphere. Not only with their exchange but with the Binance Academy as a centre of knowledge and the Binance Labs that are researching future development possibilities about the Blockchain technology.
2018 - Binance acquired Trust Wallet, a wallet app to store cryptocurrencies
2018 - Binance partnered with CertiK, a blockchain & smart contract verification platform to enhance the security of listed tokens on Binance
2018 – Binance invested in the airline payment firm travelbybit.com where users can now spend their BNB
Late 2018 – Binance partnered with MoedaSeeds.com, to enable investors to contribute BNB to their loan programs.
Early 2019 – Binance partnered with IdentityMindGlobal.com to improve data protection through KYC (Know your customer) & AML (Anti-Money Laundering).
The Binance CEO is tweeting regularly and this helps the positive sentiment towards Binance. Binance started competitions to include and reward active community members for their efforts.
Key person is Changpeng Zhao, who founded Binance in 2017 and is responsible for its success. 
|# 1||Binance||BNB/USDT||$ 20.11236||$ 24,753,912||check|
|# 2||Binance||BNB/BTC||$ 20.09618||$ 15,139,338||check|
|# 3||Binance||BNB/ETH||$ 20.10012||$ 844,822||check|
|# 4||Binance||BNB/XRP||$ 20.14240||$ 364,247||check|
|# 5||Binance||BNB/VET||$ 20.04505||$ 344,164||check|
|# 6||Binance||BNB/XMR||$ 20.08961||$ 284,750||check|
|# 7||Binance||BNB/WAN||$ 20.10031||$ 183,153||check|
|# 8||Binance||BNB/USDC||$ 20.11774||$ 169,893||check|
|# 9||Binance||BNB/EOS||$ 20.03445||$ 139,813||check|
|# 10||Binance||BNB/KAVA||$ 20.15317||$ 136,067||check|
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