Many inexperienced users confuse Binance Smart Chain with the popular Binance cryptocurrency exchange, which has an excellent reputation and has been in the financial services market for quite some time. So what is this almost eponymous project that has already managed to make a splash on the Internet? I decided to conduct a detailed analysis of his official website.
Information
The site turned out to be extremely uninformative. In fact, the developers of Binance Chain simply offer to immediately get down to business and start earning. But the project specialist supposedly should explain the whole essence of the principle of generating income during an individual consultation after registration.
Since the news content of the site clearly leaves much to be desired, the first impression of this project turned out to be very doubtful. Apparently, the owners believe that the promise of instant execution of orders and the smooth operation of the trading platform itself will be enough for participants.
So what is the Binance Smart Chain project? This is a system for trading crypto in automatic mode. It is presented as a division of the Binance exchange. However, I strongly doubt that this is true.
The organizers invite cryptocurrency traders, investors and just anyone who wants to try their hand at effective passive income to cooperate.
The principle of the project
According to its creators, the technology is based on the new Binance Chain blockchain, which was previously optimized for ultra-fast trading of cryptocurrency assets. The movements of assets and the situation on the stock exchange are analyzed by a specially developed artificial intelligence.
According to the information posted on the official website of Binance Chain, user transactions carried out on this platform have a performance of as much as 98,3%. And professional analysts with many years of practical experience work on the remaining percentages to make artificial intelligence even more perfect. The indicator is more than serious and promising. But whether these figures are real is the main question.
The company also promises round-the-clock technical support for its customers. But the management promises to provide the full volume of permits only after registration in the system.
Technical Highlights
To get an account, you will need to provide your email address, as well as a number of other personal data and confirm the password. So the user is assigned a personal account. Then you can either get expert advice, or immediately start trading cryptocurrency.
There are many assets on offer. The assortment is selected in such a way that it becomes relevant for customers of different levels of financial well-being. But what is remarkable is that there is no exact data on tariff plans, the size of the commission for the transaction, promotions or bonuses. But this is the first thing that official projects of this direction are usually put on public display.
The developers themselves explain this strangeness by a high level of competition. Therefore, they prefer to send the full amount of information individually to each client. And this already raises a lot of questions and doubts.
Currently, the number of participants in the Binance Smart Chain project is small. I suppose that the lack of open access to key information still repels even ardent people who want to earn a lot of money with a minimum of effort.
What is divorce
Experts are unanimous - this company is the result of the activities of scammers. And several details led them to this conclusion at once:
- lack of official information about the project and the availability of an official license to carry out financial activities;
- there are no contact and legal data on the site;
- no details on trading conditions;
- the Binance crypto exchange itself clearly has nothing to do with this company;
- the site domain is designed for short-term work;
- too loud promises of profit in the complete absence of any evidence of the effectiveness of the trading scheme;
- a very persistent offer to immediately register and replenish the deposit;
- there is no Russian-speaking audience among the users of the project.
And I also did not find any reviews about Binance Chain left on professional thematic forums. The conclusion suggests itself. This project is another trick of scammers, and the legality of the company has not been documented in any way.