Binance Coin Is Now Available On GIFX Exchange

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Jul 22, 2021, 5:58:05 PMJul 22
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Starting from on 21st July, GIFX exchange supports Binance Coin (BNB) on and in all the mobile applications, Android and iOS. GIFX customers can now buy, sell, convert, swap, send, receive, or store BNB in all GIFX-supported regions. Binance trading is also added to the trading platform.

What Is Binance Coin (BNB)?

Binance Coin is the cryptocurrency issued by Binance exchange and trades with the BNB as a sticker symbol. Binance coin was launched during an initial coin offering (ICO) in July 2017. Binance coin initially launched on the Ethereum blockchain with ERC 20 standard but has since then become the native coin of the Binance chain. Binance coin has a strict maximum of 200 million BNB tokens. As of July 2021, Binance exchange is the largest cryptocurrency exchange in the world, supporting more than 1.4 million transactions per second.


Almost half of the funds raised during the ICO process were intended to be used for Binance branding and marketing, while around one-third were used to build the Binance platform and perform necessary upgrades to the Binance ecosystem. BNB was initially based on the Ethereum network but is now the native currency of Binance's own blockchain, the Binance chain.

Binance's token has garnered support from other partnerships which has helped its usage spread. It includes a partnership with Asia's premier streaming platform, Uplive, and now GIFA Token and other entities which incorporated the BNB tokens.

One of the most common requests GIFX exchange received from the customers is to allow uses to be able to buy and sell more cryptocurrencies on the GIFX exchange available in the market. GIFA Token has responded by adding the most popular cryptos. We are in the process of listing all digital assets, and accelerate the addition of more cryptocurrencies. We are also investing in new tools to help people understand and explore cryptocurrencies.  Customers can sign up for a GIFA account here to buy, sell, convert, send, receive, or store BNB today.
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