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A cryptocurrency exchange that provides a platform for trading many cryptocurrencies; Binance in January 2018, Binance became the world’s largest cryptocurrency exchange in terms of transaction volume. Changpeng Zhao also installed high-frequency trading software before, later he installed it. Binance was originally located in China, then left China due to China’s cryptocurrency regulations.

Founding of BNB ;

June 28 – July 3, 2017, Binance Coin (BNB) was launch for the first time with an ICO. A total of 100,000,000 BNB were releasing on debut. Binance Coin (BNB) is a new generation blockchain developing with Binance, which provides services with a BEP2-based infrastructure model. In 2019, Visa and Mastercard partnered with payment processor Simplex to make cryptocurrency purchases, primarily using debit and credit cards. Purchases are subject to Simplex’s local bank policies have some limit to Bitcoin, Ethereum, Litecoin and XRP.

On February 21, 2020, the Malta Financial Services Authority (MFSA) issued a public statement responding to media reports referring to Binance as a ‘Malta-based cryptocurrency’ company. In the statement, Binance said, “Binance is not authorize by the MFSA to operate in the cryptocurrency space and is therefore not subject to the MFSA’s regulatory oversight.” The MFSA said it was “assessing whether Binance has any activity in Malta that does not fall within the scope of regulatory oversight.”

On October 28, 2020, Forbes magazine staff published leaked documents claiming that Binance and Changpeng Zhao (CZ) created a detailed corporate structure that was deliberately set up to deceive US regulators and secretly profit from cryptocurrency investors.

Current Status

in 2021
BNB reached $692.2 levels. The live exchange rate on 12.19.2021 is 535 dollars. Let’s see what the waves in the cryptocurrency market will show us about Binance and BNB in ​​the future.

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