Jager is the name given to the smallest unit of BNB. 1 Jager is worth 0.00000001 BNB; 1 BNB is equal to 100 million Jagers. The name Jager comes from the Telegram username that Binance CEO CZ used for a while.
What is Jager?
Jager is the smallest value of a BNB. Just as Satoshi is the name given to the smallest unit of Bitcoin, Jager is equal to the smallest unit of BNB. In cryptoassets, decimals refer to how divisible a China is. Most cryptocurrencies have the ability to be divided by a certain number of decimals. BNB has 8 digits.
Accordingly, 1 Jager = 0.00000001 BNB.
The term comes from the Telegram username of Binance CEO Chanpang ZAO (CZ).
How to Take Jager?
Buying Jager is essentially the same as buying BNB. Since the entity has a name belonging only to its smallest unit, it has no other feature other than the difference in digits. Naming the smallest digits of coins is similar to the link between Turkish Lira and Kurus. 100 million Jager makes 1 BNB, just like 100 kuruş makes 1 lira. You can use any exchange where BNB is listed to buy Jager.
Things to Know About BNB Coin
Binance Coin (BNB) is the own cryptocurrency of the Malta-based giant cryptocurrency exchange Binance. BNB, which is behind Binance, a crypto money exchange, has made a rapid rise recently, and this rise seems to continue with the breakthroughs that Binance will make in the future. The performance of BNB, which has not regretted its investors so far, has attracted the attention of many investors.
Staking, which is a method of issuing BNB, you can transfer a certain amount of your BNB through Binance Launchpool. The BNBs you transfer are delivered for staking and you can receive a certain percentage of interest annually in return. However, you can pay a certain percentage of the amount you will receive as a fee for staking transactions you make through Launchpool.
Binance buys back and burns a certain amount of BNB every year as per their plans. Binance, which spends 20 percent of its profits on the purchase of BNB, will continue to burn and buy until 100 million BNB remains. The exchange, which records every transaction they make on the blockchain, allows users to see transactions whenever they want.
How to Buy BNB Coins?
You can use Binance directly to buy Binance Coins. It is possible to buy BNB with Turkish Lira. To buy BNB, you can deposit TL into your account. Then, using the advanced option in the markets, simply click on the BNB/TRY pair and place an order stating how much you want to buy. The second option is to buy BNB via credit card. But if you buy with a credit card, you will pay a commission of 2 percent and the bank may refuse your payment. You can use BNB/BTC, BNB/BUSD, BNB/USDT, BNB/ETH, BNB/MATIC, BNB/TRY, BNB/EUR, BNB/RUNE, BNB/EUR and many more trading pairs to buy BNB.
It is also possible to trade on other exchanges or decentralized exchanges where Binance Coin is listed.
