1 Level
7 Review
12 Karma
Review on Binance Coin by David Adeleke
Binance was launched in mid-July 2017, after collecting $ 15 million within a…
Binance was launched in mid-July 2017, after collecting $ 15 million within a few minutes during the first offer of coins (ICO). Founder, Changpeng Zhao, known as CZ, invented Binance as an ambitious plan to offer trading services to everyone on the planet. This goal is supported by excellent technology and multilingual support that delivers 1.4 million transactions per second.
The name Binance is a binary and financial combination that highlights the focus of a company that trades digital assets and digital assets rather than councils. The exchange market has seen notable gains during the year and as of July 2018 there are 10 million registered users on the platform, 143 support coins and 370 traded pairs.
Pros
- To cut transaction fees in half, BNB tokens have a unique and easy-to-understand point-of-sale, attracting a lot of users. BNB is one of the few coins with real use cases and is a clear way to determine where the value comes from.
Cons
- It's hard to leave a negative review on binance coin when it's exchange binance is one of the best in the world
