#BTCWhaleMovement Cryptocurrency is a type of digital or virtual money that uses cryptography for security. Unlike traditional currencies (like the dollar or taka), cryptocurrencies are usually decentralized and based on blockchain technology.
BNB is the native cryptocurrency of the Binance platform, one of the largest cryptocurrency exchanges in the world. It was initially launched in 2017 as an ERC-20 token on the Ethereum blockchain but later migrated to Binance’s own blockchain, BNB Chain.
🔹 Key Features:
Use Case: Used to pay trading fees on Binance, transaction fees on BNB Chain, and participate in token sales on Binance Launchpad.
Discounts: Users get discounts on trading fees if they use BNB.
Burning Mechanism: Binance regularly "burns" (permanently removes) BNB tokens to reduce total supply and increase scarcity.
🔹 Blockchain:
BNB Beacon Chain (previously Binance Chain) – for governance.
BNB Smart Chain (BSC) – compatible with Ethereum and used for DeFi, NFTs, etc
#RamadanGiveaway Ramadan is a month of blessings, and what’s better than sharing and receiving gifts? Here’s your chance to win exciting rewards! Just participate, engage, and spread the joy. Wishing everyone a blessed and rewarding Ramadan! 5000 USDC reward pool it’s huge.Don't miss the opportunity guys.hurry up and participate the campaign. participate here:https://app.binance.com/uni-qr/cpos/21529134529249?r=396827248&l=en&uco=_gMvPuZsWAf-bHue4KXJag&uc=app_square_share_link&us=copylink