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#BinanceFutures Join the Competitions and Share 334,000 CYS in Rewards https://www.binance.com/activity/trading-competition/futures-cys-challenge
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$BTC $ETH $BNB 1. BTC – Bitcoin Purpose: Digital gold. Primary use is as a store of value and peer-to-peer digital money. Technology: Uses Proof-of-Work (PoW) blockchain. Transactions are secured by miners solving complex cryptographic puzzles. Key Features: Limited supply: 21 million BTC maximum → scarcity drives value. Decentralized → no central authority controls it. High liquidity → widely accepted on exchanges and platforms. Use Cases: Investment, wealth preservation, remittances. Market Position: Original cryptocurrency, most recognized, benchmark for overall crypto market. --- 2. ETH – Ethereum Purpose: Smart contract platform. Powers decentralized applications (dApps) and decentralized finance (DeFi). Technology: Initially Proof-of-Work (PoW), now Proof-of-Stake (PoS) after Ethereum 2.0 upgrade. Key Features: Supports smart contracts → self-executing agreements on blockchain. Used in NFTs, DeFi, and decentralized apps. Constantly evolving with upgrades (sharding, scalability improvements). Use Cases: Running dApps, DeFi protocols, NFTs, DAO governance. Market Position: #2 crypto by market cap. Backbone of decentralized blockchain applications. --- 3. BNB – Binance Coin Purpose: Utility token for the Binance ecosystem, including exchange, smart chain, and services. Technology: Runs on BNB Chain (formerly Binance Smart Chain, BSC). Fast, low-fee transactions. Key Features: Discounts on Binance exchange fees when using BNB. Powers smart contracts and dApps on BNB Chain. Regular coin burns reduce supply → can positively influence price. Use Cases: Trading fee discounts, staking, participation in token sales, payment within Binance ecosystem. Market Position: Top 5 crypto by market cap, strong utility tied to Binance’s growth.
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#BinanceFutures Join the competition and share a prize pool of 10,000,000 NIGHT! https://www.binance.com/activity/trading-competition/futures-night-challenge
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#BinanceFutures Join the competition and share a prize pool of 10,000,000 NIGHT! https://www.binance.com/activity/trading-competition/futures-night-challenge
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