The earliest charity platform founded on blockchain and used as an example of non-profit blockchain applications.

Binance Blockchain Charity Foundation (BCF) is a charity platform that was founded in 2018 to support global efforts toward sustainable development. Unlike the majority of charity platforms with similar orientations, BCF was designed to run using the blockchain framework. However, much like other platforms, BCF is solely meant for philanthropy and social development using cryptos and crypto partners around the globe and innovative systems and tools.

BCF was initiated by Helen Hai but currently serves as evidence of the flexible applications of decentralized crypto platforms. Thus, the foundation uses high-impact projects primarily geared towards maximal social good.

An innovative funding scheme on the Binance exchange for passionate members of the blockchain community.

Binance Ecosystem Fund (BEF) is an innovative funding scheme on the Binance cryptocurrency exchange. The fundamental objective of this initiative is to allow for the creation of partnerships among individual members who are optimistic about the offerings of the blockchain revolution and cryptocurrency.

The difference between the bid and ask prices for a commodity or asset which is usually indicative of its liquidity value.

The bid-ask spread is the measurable and often graphically representable difference between what is quoted on an asset or stock and what buyers are willing to bid for it. Specifically, the spread operates on the idea that any typical exchange situation involves a buyer who wants to pay less than the asking price. Thus, the bid-ask spread represents how much the asking price is greater than the bidding price, which indicates the perceived value of the asset in question from the perspective of the buyer.

The bid-ask spread is one of the components of liquidity and can be measured in percentage in relation to the lowest asking price.

Binance Blockchain Charity Foundation (BCF)

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