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binance login

What is Binance Coin?

Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. As of January 2018, Binance was the largest cryptocurrency exchange in the world in terms of trading volume. Binance was founded by Changpeng Zhao, a developer who had previously created high frequency trading software. Binance was initially based in China, but later moved out of China due to China's increasing regulation of cryptocurrency.

CEO Changpeng Zhao had previously founded Fusion Systems in 2005 in Shanghai; the company built high-frequency trading systems for brokers. In 2013 he joined as the third member of the cryptocurrency wallet’s team. He also worked at OKCoin as CTO for less than a year, a platform for spot trading between fiat and digital assets. As of January 2018 it was largest cryptocurrency exchange with a market capitalization of $1.3 billion.

What is Binance Coin Faucet?

Binance Coin faucets are a reward system, in the form of a website or app, that dispenses rewards in the form of a satoshi, which is a hundredth of a millionth BNB, for visitors to claim in exchange for completing a captcha or task as described by the website. There are also faucets that dispense alternative cryptocurrencies. Rewards are dispensed at various predetermined intervals of time. Faucets usually give fractions of a binance coin, but the amount will typically fluctuate according to the value of binance coin.

Faucets are a great way to help introduce new people to binance coin, or to your favourite altcoin. Many faucets provide information to newbies as well as offering them some free coins so that they can try before they buy, experimenting with a test transaction or two before putting real money on the line. Since this whole area is so new and a bit scary to some people, who perhaps don't quite trust it with their hard earned cash yet, this is a great way to promote digital currency and bring in new users.

Sources: WikipediaYouTube

Recent Payouts

User Reward Date
0x95B260D7e6DC7Fd4ff6De22b792847e003Cf04a71 satoshi2021-09-20 10:07:30
0x45E03b20609678e37fEE72314CF442B531569ACC1 satoshi2021-09-19 23:20:06
0xDf32FaBF3D78d7347d1e5414D6B061E582bC82f31 satoshi2021-09-19 16:34:39
TX1FZ22cuRARLrtTS7FqpFy4R6eca9hzrd1 satoshi2021-09-18 18:33:34
0xC2E86e51CcE238C3eFD073C4b940146521b4cE791 satoshi2021-09-15 21:48:59
0x175A11A0b247203502Dfa35772D39EB904972F901 satoshi2021-09-15 13:59:05
34RaVAxgsqY4NSt7B51EKZaBJrCfMDLVzd1 satoshi2021-09-14 03:42:40
0x39D9446AccaBA04fb5fd4802D45EB9150B12f1361 satoshi2021-09-14 03:22:09
0x2B6A5ff6dDDB74A47ff6dc64FBC461eDC3669b401 satoshi2021-09-14 03:06:44
0xa613BFEe6D9568cA12f21D657d5F3cbF114e713a1 satoshi2021-09-13 09:47:34