Big Eyes Coin (BIG) Leads the Charge Toward Mass Crypto Adoption with Binance Coin (BNB) and Dai (DAI) Behind It – CryptoMode
The financial sector has been dominated by conventional institutions such as banks, brokerages and governments for as long as it has been large enough to matter. However, it has been undergoing a transformation for over a decade now due to cryptocurrencies. Blockchain technology and the concept of decentralized finance (DeFi) has empowered people to take control of their funds by removing third-party interference and providing a higher level of data privacy and control.
This cryptocurrency revolution has paved the way for innovation in the financial sector and in all other aspects of human life. This innovation has brought stablecoins like Dai (DAI) and utility tokens like Binance Coin (BNB). Meme coins, one of the products of this innovation, have become a benchmark in the industry, Dogecoin (DOGE) and Shiba Inu (SHIB) being very good examples. Big Eyed Coin (BIG) wants to make a name for itself in the industry like those that came before it and it could give users up to 100 times the benefits that its predecessors provided.
An Overview of Dai (DAI)
Dai (DAI) is an Ethereum-based stablecoin that was launched in 2017 and is controlled by MakerDAO (a decentralized autonomous organization). Many crypto veterans consider Dai (DAI) to be the first DeFi cryptocurrency to gain mass adoption. The price of Dai (DAI) is pegged to the US dollar and its backing is provided by a mix of other cryptocurrencies. These are obtained when users lock their cryptocurrencies into smart contracts to create new Dai (DAI) tokens. However, there are two types of Dai (DAI) tokens and there is an important distinction between them. These are Single Collateral DAI (SAI) and Multi Collateral DAI.
Single Collateral DAI (SAI) is an older version of the token that can only be collateralized by a single cryptocurrency. Unlike Multi Collateral DAI, SAI does not support the DAI Savings Rate (DSR). This is an interest rate for deposits of Dai (DAI) tokens and it allows users to save money by holding these Dai (DAI) tokens. This interest rate is decided by voting on MakerDAO. Multi Collateral DAI was released in 2019 and supports collateral in the form of any Ethereum-based cryptocurrency.
How to buy Dai (DAI)
Users can obtain Dai (DAI) tokens by locking their cryptocurrencies in Maker Vaults on the Maker Protocol. The Protocol Maker then hits Dai (DAI) which is given to the user as a loan. To recover their locked cryptocurrencies, users must repay the Dai (DAI) tokens they borrowed with the stability fee charged. Users can also buy Dai (DAI) tokens on centralized exchanges (CEX) or exchange their cryptocurrencies for Dai (DAI) tokens on decentralized exchanges (DEX). Dai (DAI) tokens are standard ERC-20 tokens, so users will need to link their tokens before they can trade them on other non-Ethereum-based DEXs.
What is Binance Coin (BNB)?
Binance Coin (BNB) was launched in 2017 and it is the native cryptocurrency of BNB Chain (formerly known as Binance Smart Chain). Binance Coin (BNB) was initially launched on the Ethereum network as an ERC-20 standard token, but was moved to its blockchain in 2019.
Binance Coin (BNB) was created as a utility token to provide transaction fee discounts to its users, but since then its uses have expanded to many applications across multiple platforms. Binance Coin (BNB) is used to pay transaction fees on Binance.com, Binance DEX, and BNB Chain. It is supported by several service providers around the world and can be used to pay for entertainment, travel and other services. It can be used to buy cryptocurrencies launched on the Binance Launchpad and it can also be used in decentralized applications (dApps) and games developed on the BNB chain.
How to Buy Binance Coins (BNB)
Binance Coin (BNB) can be purchased on any CEX or DEX that supports it. Buying directly from Binance CEX or DEX is the recommended option. Which exchange will be used depends on whether the client wants to exchange other cryptocurrencies for Binance Coin (BNB) or buy Binance Coin (BNB) using fiat currency. To do this, interested users must register and verify their identity on the Binance website. After that, clicking on the “buy crypto” button in the upper left corner of the screen will reveal all available options. Users are advised to first buy a stablecoin, such as Tether (USDT) or Binance USD (BUSD), before using them to buy Binance Coin (BNB).
Binance Coin (BNB) can also be purchased using a debit/credit card, through peer-to-peer exchanges, bank deposit, or using any third-party payment option available. Binance Coin (BNB) can be stored in a personal wallet or in your Binance account.
Big Eyes Coin (BIG): The Ultimate Meme Coin
Big Eyes Coin (BIG) has generated a lot of buzz on the internet since its launch. But what is the Big Eyes (BIG) coin?
Big Eyes Coin (BIG) is a new meme coin inspired by Big Eyes, its feline mascot. He was tired of being seen as sweet, cute, and weak, but after an adventure around the world, he accepted it. He began to see her kindness as a strength, not a weakness. He also realized that humans needed help with their plans to save the oceans. Big Eyes has decided to take advantage of his kindness and help in the fight to save the oceans and all the life in them. To achieve this, multiple donations will be made to charities.
Due to its special characteristics, Big Eyes Coin (BIG) has become one of the most talked about meme coins in the cryptocurrency industry and it is expected to accelerate the adoption of DeFi based systems and solutions. on the blockchain. To achieve this, all the features, back-end systems and platforms like Big Eyes Swap will simplify the crypto trading process as much as possible. Users will also receive tutorials and guides to help them get started with crypto trading.
There is a key element that makes meme coins and general crypto projects successful. It’s community and Big Eyes Coin (BIG) always puts its community first. All news regarding Big Eyes Coin (BIG) will reach its community first and there will be regular tokens and NFT giveaways and events to keep the community engaged.
What is Big Eyes Coin (BIG) cuteomics?
Big Eyes Coin has a maximum supply of 200 billion tokens. 90% of them will be available to the community at launch. 70% will be sold during the presale to the public and 20% will go to exchanges. The last 10% will be split in half, with 5% going to charity and the remaining 5% to marketing. NFTs on the platform will be subject to a 10% tax. 5% of this sum will go to the holders, 4% to the original seller and the last 1% will go to charity. There will be no tax or buy/sell fees.
How to participate in The Big Eyes Coin (BIG) presale?
You must have a supported wallet like Metamask installed on your browser to purchase Big Eyes Coin (BIG). You can also use wallets supported by Wallet Connect (Trust Wallet is recommended). A desktop browser with Metamask will provide the best experience, but you can buy Big Eyes Coin (BIG) on your mobile device. If you are using a mobile device, you can use Trust Wallet and log in using the built-in browser.
Click on “Connect Wallet” and choose the appropriate option once your selected wallet provider is ready. Click “Wallet Connect” to connect your wallet if you are on a mobile device.
After setting up your wallet, you can buy Big Eyes Coin (BIG) using ETH or USDT. You can also use your card. To do this, go https://www.moonpay.com/buy to buy ETH with your card. Then you can buy Big Eyes Coin (BIG) directly with ETH.
1000 tokens are the minimum amount that can be purchased and it is recommended to have $15 or more of USDT or its equivalent in ETH.
As soon as the presale is over, all tokens purchased can be claimed. Before the end of the presale, more information will be available. When the time comes, visit https://bigeyes.space/ and use the pink “claim” button to claim your chips.
Cryptocurrencies like Big Eyes Coin (BIG) do not join the industry very often. Big Eyes Coin (BIG) cares about its community and fights for a worthy cause. Community tokens are known to bring a lot of wealth to their community and charity and Big Eyes Coin (BIG) is no exception. As of August 30, 2022, Big Eyes Coin (BIG) has raised $1,283,579.69 during the public presale. There are no signs of slowing down and Big Eyes Coin (BIG) will be launching on Uniswap soon.
Big Eyed Coin (BIG)
Always do proper research when dealing with currency and token presales. The above information does not constitute investment advice from CryptoMode or its team, nor does it reflect the opinions of the website or its staff.
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