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What is Banano (BAN) coin and how does it work?

by Financial Economy

Banano is a “fourth generation” cryptocurrency using a Directed Acyclic Graph (DAG) based block lettuce architecture where each user has their own blockchain. Banano was forked from Nan in April 2018. Information about some topics that what is Banano (BAN) coin, how does it work, how to buy it, on which exchange, how much is it, etc. is in continuation of the article. You can browse here for information about Nash (NEX) coin.

What is Banano (BAN) coin and how does it work?

Banano is a fork of Nano focused on disrupting the meme economy. Banano was founded on April 1, 2018. The instant and free nature of Banano, combined with every transaction that uses one millionth of the energy required by Bitcoin, makes it the fastest cryptocurrency in the crypto space.

Banano’s tokens are distributed through an ongoing free and fair distribution program through Airdrops, Faucet Games and other events. Bitcoin helped inspire the creation of the technology Banano used.

Banano token features!

According the statement, transfer of Banano coin from one address to another can be done in less than 1 second and is free. The energy used for BAN coin transfer is quite low compared to Bitcoin.

Which exchange is BAN coin on?

Banano coin is listed on some cryptocurrency exchanges such as CoinEx, PancakeSwap (V2), Hotbit, Mercatox, ApeSwap (BSC), etc.

How to buy BAN coins?

Banano coin can be purchased from listed cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

BAN coin supply!

Total supply of Banano coin is 1.918.874.946 BAN.

BAN coin price!

As of June 12, 2022, at the time of the writing, 1 Banano coin price is around $0,0059 (because of the volatility the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency

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