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With the PoR system, the exchanges reservers are expected to hold in custody the total amount deposited by the user or more.
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#crypto2023
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A market trend is the overall direction that the market is going. In a bear market, prices are generally declining. #Binance #crypto2023 #dyor
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Token standards are sets of rules and conventions for governing how a crypto token works, popular standards include ERC-20, BEP-20, ERC-721 and ERC-1155. #Binance #crypto2023 #BNB #dyor #ETH
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when smart contracts creat static NFTs, these assets are minted with permanent, immutable token data in the other words thi data can not be altered. #crypto2023 #Binance #ETH
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within the broader class of non-fungible tokens( NFTs ) is a sub-category of tokens called dynamic NFTs. #crypto2023 #Binance #BNB #dyor #ETH
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Proof of reserves prevents exchanges from loaning deposited assets or using deposits for investing. #Binance #crypto2023 #dyor
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