It will be okay if you leave your coin on binance exchange . Exchanges are designed for both trading style . so ,they design their safety factors by counting on this point too .
Read moreIs Binance a coin or token?
Binance Coin was first launched as a token on the Ethereum blockchain during an initial coin offering (ICO) in July 2017. The token sale offered 100 million tokens, which represents 50% of the total BNB supply, for a price of around $0.11 USD per coin.
Read moreHow do Binance fan tokens work?
Binance Fan Token is a utility token which provides holders with certain benefits in relation to a particular Club or partner to which the Binance Fan Token is linked . This includes the ability to vote on certain Club decisions, as well as having access to exclusive Club rewards.
Read moreWhy does Binance have a token?
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.
Read moreWhat is a token crypto?
A crypto token is a virtual currency token or a denomination of a cryptocurrency . It represents a tradable asset or utility that resides on its own blockchain and allows the holder to use it for investment or economic purposes.
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