Related glossaries
BNB
BNB is the cryptocurrency issued by Binance, used primarily for trading fee discounts and transaction payments within the Binance ecosystem
Immutability
Immutability in blockchain technology means that once data is recorded, it cannot be changed or tampered with.
Know Your Customer (KYC)
A process used by banks and financial institutions to collect identifying data and contact information from current and potential customers with the purpose of preventing fraudulent activity, money laundering, the misuse of financial accounts, and other illicit activities.

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