
1xBit Casino Adds BNB To Supported Cryptocurrencies
1xBit casino announces support for the use of the Binance Coin (BNB) cryptocurrency on its betting platform.
$42.30
1H
0.82%$0.3440
24H
2.22%$0.9186
7D
2.25%$0.9307
From the ICO, Binance issued its own token called the Binance Coin, with BNB as the symbol. BNB runs natively on the Ethereum blockchain and follows the ERC20 token standard.The token was established with a total supply of 200 million. As per our whitepaper, Binance plans to use 20% of our profits each Quarter to buyback and burn BNB, until 50% of the total BNB supply (100 million) is burned. The BNB token itself has multiple forms of utility, essentially being the underlying gas that powers the Binance Ecosystem. The current most prominent use cases include using BNB to: – Pay for trading fees on the exchange, obtaining the equivalent of a 50% discount on trades (during the first year). – Monaco has included support for Binance’s BNB token to its platform which includes the Monaco Visa Card and mobile app. – Uplive platform supports BNB to buy virtual gifts.
1xBit casino announces support for the use of the Binance Coin (BNB) cryptocurrency on its betting platform.
Binance has officially started shipping its Visa cards to the European Economic Area. The card is now officially supporting Ethereum.
By implementing fan tokens, Binance aims to expand the cryptocurrency world to sports fan with this new strategy with Chiliz – a global-trusted blockchain, and fintech project that developed Socios.com.
For those holding HARD, it is not just the governance of Hard protocol that is at stake. Controlling the economic makeup of Hard’s forecasted $3 billion valued platform and implementing a 1% fee policy could generate around $30 million to HARD holders.
Binance has highlighted that its users can stake their Ethereum, BNB, and BUSD in different pools of choice to earn new Unifi tokens.