Category: Basic Binance
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What is BscScan? Guide to use BscScan for beginners
What is BscScan? BscScan is a blockchain explorer which provides an analytics platform with a great deal of useful information about addresses, smart contract, transactions,… for BNB Chain. It was developed by the same team as Etherscan, therefore both platforms have similar interfaces. Features of BscScan BscScan makes it easy for traders to access on-chain data […]
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Margin and Futures on Binance – What are the differences?
Both Margin and Futures are trading methods on Binance which provide users with leverage to increase their profits. However, their operating mechanisms still have certain differences. What is Margin? Margin is a method of trading assets via borrowing funds. It allows users to leverage their positions so that they can boost your purchasing power and […]
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What is Binance Labs? Binance Labs Portfolio
What is Binance Labs? Binance Labs is Binance’s investment fund to support and develop blockchain and the crypto ecosystem. The mission of the fund is to identify, invest and empower entrepreneurs, startups and the blockchain community. This fund promotes a larger blockchain and provides financial leverage for potential projects in the cryptocurrency industry. It was established […]
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Reward center and task center on Binance
What is Binance’s task center? The Binance Task Center includes challenges that users need to fulfill and meet the requirements to achieve some rewards on Binance Reward Center. The tasks consist of making total transactions in a certain cryptocurrency, referring friends, or joining some other activities. How to perform tasks and receive rewards Step 1: […]
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Instructions on how to view Binance transaction history
Tracking Binance transaction history not only helps you to manage your crypto holdings, but also have an overview of your investment portfolio. This can help you make effective investment decisions in the future, take advantages of market trend to earn profits. With the volatility of cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP), you […]
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What is BNB Vault? BNB Vault Binance User Guide
What is BNB Vault? It is a BNB yield aggregator, which makes it possible for BNB holders to deposit and withdraw BNB flexibly through Binance Earn. It is an investment project that integrates different products within the Binance ecosystem, helping users to maximize the earning potential from BNB coins of both centralized (CeFi) and decentralized […]
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What is Binance Liquidity Farming? Profit calculation formula
What is Binance Liquidity Farming? Binance Liquidity Farming is the deposit of coins into a liquidity pool. Through decentralized exchanges, senders receive the reward from trading fees on the exchange. Like all DeFi swaps, Liquidity Farming consists of various liquidity pools and each of which contains two digital tokens or fiat assets. You can become […]
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What is Binance Launchpool? Benefits of Binance Launchpool
Binance Launchpool is the platform launched in September 2020. It allows users to create new assets and receive rewards in exchange for BNB, BUSD and other tokens at no cost. Holders can only redeem tokens on Launchpad, while they are able to own and use tokens on Launchpool. What is Binance Launchpool? Launchpool is a […]
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What is Binance Dual Investment? Product classification
What is Binance Dual Investment? Binance Dual Investment is a non-principal protected structured saving product, allowing users to deposit cryptocurrencies and earn flexible yield in either two assets. Users will deposit Binance Dual Investment products with different prices, execution dates and interest rates. Interest will be returned to the Spot wallet at the date of implementation. […]
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What is Binance Launchpad? How Binance Launchpad Works
What is Binance Launchpad? Binance Launchpad is a platform that makes it possible for potential projects to raise capital through a process known as Initial Exchange Offering (IEO). Previously, blockchain projects had a lot of difficulty in staging their own Initial Coin Offering (ICO) to raise funds. Binance Launchpad has been launched to streamline and […]
