In recent years as crypto currency has risen to the surface, there are now several platforms where trading has been made simpler and these platforms connect buyers and sellers in the same system. Forsage is one of the first to engage in smart contracts dealing on Ethereum and Tron block chain. The system on Forsage is decentralized therefore payment is automated. Forsage Binance is the new Forsage Block chain that has been launched, however Binance has been one of the most traded crypto currencies in the past 3 years. Today, we are reviewing what Forsage BNB is really about.
- WHAT IS A SMART CONTRACT?
- WHAT IS BNB?
- WHAT IS FORSAGE BNB?
- FEATURES OF FORSAGE BNB SMART CONTRACT
- Forsage BNB x3 and x4
- Forsage xXx and xGold
- HOW TO BUY BNB FOR REGISTRATION ON FORSAGE BNB
- Trust Wallet
- Token Pocket
- Binance Exchange
- FORSAGE BNB REGISTRATION
- IS FORSAGE BNB LEGIT?
- ADVICE ON FORSAGE BNB ( SHOULD YOU JOIN )?
- FORSAGE BNB TERMS DEFINITIONS
- CONCLUSION
WHAT IS A SMART CONTRACT?
A smart contract is an agreement between a buyer and seller written into some lines of code which executes itself and operates in a decentralized system.
WHAT IS BNB?
BNB is Binance crypto currency which is used to trade and pay fees on the Binance crypto currency exchange. Currently this currency has become the most traded crypto currency.
WHAT IS FORSAGE BNB?
Forsage is a decentralized crypto trading system that is was built earlier on Ethereum and Tron block chain. Forsage BNB is the latest Forsage system built on Binance block chain. Forsage BNB also operates under smart contracts, when these contracts are executed, they can’t be changed, reversed or hacked.
FEATURES OF FORSAGE BNB SMART CONTRACT
Forsage BNB smart contracts has 3 categories, under each category are 12 levels which determine your level of profit in the system. These categories are
- Forsage ×3 and ×4 ( 0.05BNB)
- Forsage xXx (0.05BNB) optional
- Forsage xGold (0.1BNB) optional
Forsage BNB x3 and x4
On Forsage x3, you earn on every referral, it is called the referral matrix, while on x4, you earn from spill overs and referrals, it is the team matrix.
Forsage xXx and xGold
Earning in this category comes from everywhere in the team matrix and not just from uplines. This is a global matrix, and any active member of the team enjoys the benefits.
HOW TO BUY BNB FOR REGISTRATION ON FORSAGE BNB
First, you need a BNB BEP-20 format on your wallet and here’s how you can go about it.
Trust Wallet
The Trust wallet is a decentralized wallet which you can use to buy Binance using a Visa or MasterCard card. This is made easy by Simplex provider. You can also use Apple pay to make purchase. The format on the wallet required for BNB is Smart chain. The commission on purchase with a card can be up to 12% with a minimum purchase limit of $50 and maximum of $20,000.
Token Pocket
Token Pocket is a diversified wallet that allows you to make variety of transactions which include conversion and asset management. To make a conversion, go to the market tab and click the swap section. Next, select the currency you would like to swap and choose BNB(Smart Chain), then enter the amount. Select the receiving address and click on swap.
Binance Exchange
To use the Binance Exchange, simply download and register then you can proceed to buy Binance, after which you can transfer it to a decentralized wallet. Daily withdrawal without KYC is 2BTC. The withdrawal fees applied to BNB are
- BEP-20(BSC) : 0.0008 BNB( Always ensure the address starts from 0x… not bnb…
- BEP-2(BC) : 0.01 BNB
FORSAGE BNB REGISTRATION
The primary requirement for the registration is 0.05BNB + Gas fee.
IS FORSAGE BNB LEGIT?
The Forsage system is a decentralized wallet network and there’s no particular person controlling the system. Smart Contract system executes itself hence it removes chances of interference, however simple the process sounds, it is a bit complicated and requires a clear understanding of how the system works. This makes the system quite fair and reliable.
ADVICE ON FORSAGE BNB ( SHOULD YOU JOIN )?
The system is built to help people benefit from team work hence requires networking, with an active team you can make a lot of money from Forsage BNB. A lot of people have made good money from Forsage and more people have joined, armed with proper knowledge, Forsage is a good place to invest.
FORSAGE BNB TERMS DEFINITIONS
Overflow : This is what you earn from your team members as they refer people to the system.
Spillover : This happens when there is a flush of registrations into the system.
Upgrade : This is when you subscribe to another level on the system, making it easier for you to earn and make more money.
CONCLUSION
The Forsage system isn’t controlled by a person or group of persons, it is decentralized, hence payment is automatic making it assured. It is definitely a good platform to make investment.
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