Binance Helps Take Down Bitzlato Scam; Here Are Three Secure Cryptos You Should Invest In To Avoid Scams – BNB, Litecoin And Big Eyes Coin
The largest cryptocurrency exchange in the world, Binance, was listed as a counterparty in an order against the obscure cryptocurrency exchange, Bitzlato, which was charged with attempting to launder $700 million from the US government. The Financial Crimes Enforcement Network identified Binance as one of the top three receiving and sending counterparties linked to Bitzlato. The order will be effective starting on the 1st of February, 2023.
Binance is reportedly happy to help out and wants the crypto-sphere to be a safe place for all investors and governing bodies. This is exactly the attitude all cryptocurrencies should have towards financial safety whilst investing. Here are three cryptocurrencies making decisions to secure their buyers’ investments; Binance Coin (BNB), Litecoin (LTC) and Big Eyes Coin (BIG).
BNB – Binance’s Highly Secure Cryptocurrency
Binance is the largest cryptocurrency exchange service in the world. It allows users to trade between cryptos and hold their assets on the service. It even has its own cryptocurrency called Binance Coin (BNB).
Binance Coin (BNB) was initially launched as an ERC-20 token and was built on the Ethereum blockchain. However, the creators made an executive decision to change this to have more control and security over BNB. It now runs on its own blockchain called the Binance Smart Chain.
Binance Coin was developed as a utility token for reduced trading fees. Still, since then, its usage has grown to include paying transaction fees (on the Binance Chain), booking trips, enjoying entertainment, using internet services, and accessing financial services.
Litecoin – Uses High-Security Scrypt System
Former Google developer Charlie Lee created one of the first altcoins, Litecoin (LTC), in 2011. The proof-of-work (PoW) algorithm is used by Bitcoin, Litecoin, and many other cryptocurrencies to protect their networks. However, Litecoin (LTC) uses a different form of PoW, Scrypt. Scrypt PoW, a less resource-demanding algorithm.
Lee created Scrypt precisely to make sophisticated, custom-built hardware attacks on money more challenging. This makes it much more secure than the average proof-of-work consensus system.
Big Eyes Coin – Fully Audited By Solidity Finance
Big Eyes Coin (BIG) is a newer presale meme coin. It is currently in the ninth stage of its presale and has made over $16 million. The coin prizes itself on cuteness and wants people to see it as a strength, thus, utilising an adorable anime-style cat mascot.
The coin’s native token, BIG, is an ERC-20 token built on Ethereum’s (ETH) blockchain. This decision was made because Ethereum’s blockchain is among the strongest on the market. Solidity Finance also thoroughly audited the contract, giving it additional security for its investors.
Big Eyes Coin is set to launch by the end of January 2023 if it raises an extra $12 million this month. The meme coin also offers a massive 200% bonus code, LAUNCHBIGEYES200, that can be used at the checkout screen. The website even has a calculator feature that lets investors see how much. BIG tokens are worth in USDT and what they will be worth in the future.
Use this promo code for 200% extra BIG tokens: LAUNCHBIGEYES200
For more information, follow the links below:
Big Eyes Coin (BIG)