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Binance

5th May 2018 - Cryptocurrency

Website: Binance.com

Token: Coinmarketcap.com/currencies/binance-coin

Description: a trusted cryptocurrency exchange. Opened mid 2017, has its own cryptocurrency; BNB.

Paying Binances’ transaction fees using BNB grants a 50% discount, so Traders on the exchange trading any sort of volume are regularly buying the currency and giving it straight back to the exchange in fees, a healthy mechanisms to drive the price of BNB up consistently over time.

 

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