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Binance Coin
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FAQ
Frequently asked questions
Binance Coin is worth buying due to some of its unique usages compared to other cryptocurrencies and its offering of great features that other coins don’t have yet. For example, the Binance Visa card project could greatly increase the adoption of BNB. Since it converts BNB cryptocurrency into fiat when used for payment, this special feature could make BNB more popular. Also, this digital asset has a very high volume of daily transactions. However, perhaps the best value of Binance Coin these days is that it could eventually replace Ethereum because it is cheaper. With Ethereum fees increasing in February 2021, many developers have switched to the Binance Smart Network (BSC), leading to an increase of BNB value.
One of the ideal ways to easily invest in cryptocurrencies is through Google Pay. Users can quickly deposit funds from their Google Pay accounts into our licensed exchange using its safe and practical platform, which enables them to buy and sell various cryptocurrencies.
Initiator and CEO of Binance is Changpeng Zhao. Zhao joined Bloomberg in 2001 as the director of tradebook futures development. After working for the business for four years, he eventually became a partner at Fusion Systems. With blockchain technology and cryptocurrencies, Changpeng Zhao has been actively involved since 2013. He started BijieTech in 2015 and later rose to the position of head of development at Blockchain. Zhao formally established Binance in 2017 and has served as its CEO ever since. He Yi is the chief marketing officer and a co-founder of Binance.
There are no additional charges imposed by Google Pay over and above those assessed by your credit card company. Be aware that there are no trading fees on our exchange as well.
In this blockchain, the main feature is high speed and the ability to manage a large volume of transactions. Its next priorities are adding new features. Binance blockchain can manage and support thousands of transactions per second, and also within one second, a block is created in this blockchain. The Binance blockchain has increased the speed of transactions by considering a limited number of validators.
No. There are no products available through Google Pay that let you buy cryptocurrencies directly through Google Pay services. As a result, you must make a deposit into our legally authorized exchange, which accepts Google Pay, in order to invest in Bitcoin, Ethereum, and other crypto tokens of your choice.
