All of the 100 million BNB tokens available for public sale were sold during the ICO at 15 cents per token .
Read moreWhat is hash in Binance?
Hash functions are mathematical algorithms that convert an input value of any size into an output (hash) of fixed size . In most cases, the output consists of a hexadecimal number. This means the hash is often denoted as a combination of numbers (0 to 9) and letters (a to f).
Read moreWhat are hash tokens?
HASH is a utility BEP-20 and ERC-20 token and fuel of Hashbon FiRe crypto payment ecosystem powered by both DeFi and CeFi products. … HASH token will fuel Hashbon payment ecosystem for growing and granting more convenient and frictionless opportunities to crypto enthusiasts.
Read moreCan I buy Cindicator on Binance?
It’s not possible to buy Cindicator directly on Binance , but you can buy Bitcoin with a credit card or debit card on Binance and then exchange that for Cindicator.
Read moreWhat is coin futures on Binance?
Binance offers crypto futures contracts that are settled and collateralized in their based cryptocurrency ; these contracts are also known as COIN-margined contracts. For instance, investors can trade Bitcoin-margined contracts, which allows them to earn Bitcoin when their futures position returns a profit.
Read moreWhat is Binance Coin used for?
The coin is used as a utility token for the Binance exchange and allows users to pay for transactions and trading fees at a lower rate than they would be with other tokens. Binance uses the process of token “burns,” meaning they use the profit from token sales to repurchase more BNB and then burn (destroy) them.27 Eki 2021
Read moreHow does Binance Coin make money?
Binance makes money from trading fees, interest on loans, fees from its broker program, spreads, cloud offerings, interchange fees, mining services, and profits from investments . The platform also used to also generate income via listing fees from the launch of new crypto tokens.
Read more