Binance Coin. A good investment or just another Coin?
Kenny Stevens – Cryptocurrency Speculator
Binance Coin? What is it?
Binance Coin (BNB), created by the Binance exchange, is a very popular cryptocurrency as reported by Trading Education. Binance, by trading volume, is the most popular exchange selling cryptocurrencies, but here at BC Bitcoin we also sell crypto pairs against popular coins on our platform with a seamless service for UK users.
For the first time on 25 July 2017, the ticker symbol of Binance Coin, BNB, had been made available to the public. It was launched on the Ethereum blockchain as an ERC-20 token.
Is Binance Coin A Good Investment?
Many assume that the Binance Coin is a secure investment and a strong one. Of course, no one can say this for sure, as with any crypto market investment there can be volatility. It acts as a utility for paying fees on the Binance cryptocurrency exchange in which users experience a reduced fee for using BNB.
Does Binance Coin have the best use case?
Many users post how Binance Coin has potentially one of the best cryptocurrency use cases in the market, when compared to other coins on the market, many of the alternatives lack this.
The main points to remember from this article: