Daxdi now accepts payments with Bitcoin

50 BNB

50 BNB

Price: R 2,177.40

Price for Daxdi Club members: R 1,524.18

Stock: Yes (1063 units)

*Special price available for Daxdi club members, if you are not yet part of the club you can join here

Buy your 50 BNB at the best price

Log in to your Daxdi account to view your purchase options.

Free delivery, return and replacement on all orders.

All purchases include product documentation (if applicable) and 2-year manufacturer's warranty.

All shipments of products with a value of more than 999€ are covered by a transport damage insurance.

You will receive your 50 BNB within a maximum of 48 hours (Saturdays, Sundays and public holidays not included).

Shipment and delivery

If you purchase the product before 18:00 hours, the product will be shipped in the same day. (Sundays not included).

The products are sent by urgent international shipment carriers, in a maximum of 72 hours your product will arrive at your house.

The virtual products are sent instantly to your registered email address.

Product description

50 BNB

What is Binance Coin (BNB)? BNB was launched through an initial coin offering in 2017, 11 days before the Binance cryptocurrency exchange went live.

It was originally issued as an ERC-20 token running on the Ethereum network, with a total supply limited to 200 million coins and 100 million BNB offered in the ICO.

However, ERC-20 BNB coins were exchanged with BEP2 BNB at a 1:1 ratio in April 2019 with the launch of the Binance Chain mainnet, and are now no longer hosted on Ethereum.

BNB can be used as a payment method, a utility token to pay fees on the Binance exchange and to participate in token sales on the Binance launch platform.

BNB also powers Binance DEX (decentralised exchange).

Can I mine BNB? You cannot mine BNB as you would a proof-of-work cryptocurrency, as the Binance blockchain uses the Byzantine Fault Tolerance (BFT) consensus mechanism.

Instead, there are validators who gain by securing the network by validating blocks.

What does the BNB burn down mean? Before BNB migrated to Binance Chain, Binance performed coin burning on the Ethereum network using a smart contract burning function.

The amount of coins Binance burns is based on the amount of trades on the exchange over three months.

Since the launch of Binance Chain, BNB coin burns no longer take place on the Ethereum network and now use a specific command in Binance Chain, rather than a smart contract.

Buy 50 BNB with cryptocurrencies

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