Binance Coin (BNB)
Binance Coin is a digital asset issued in 2017 by Binance, which is one of the largest cryptocurrency exchanges. Binance Coin (BNB) is an ERC20 token based on the Ethereum blockchain. The asset is available on most of the big centralized exchanges.
Binance Coin gets strong support both on Binance and Binance DEX. Binance users get discounts for trades with pairs that include BNB, while on Binance DEX most of the trading pairs include BNB. Due to the strong popularity of the brand, the native Binance asset has quickly became a major success and one of the top 10 cryptocurrencies by market capitalization. It survived harsh 2018 without any notable troubles.
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Great growth potential. The number of implemented features to make Binance coin more valuable and increase its utility is mind blowing.
I like how Binance was among the first to provide a solution for users to collect and recover the Crypto “dust” balances remaining.
At the moment, this is one of the most successful altcoins for long-term investment. I think this currency has good potential. There is also high fame and discussion, which is also important!
Binance has a number of advantages. First of all it’s fast transactions. There is a capacity to make more than 1 mln transactions per second. Trading on the Binance exchange can let you reduce the fee. But, it’s a pity that you can trade with that coin only on the same name platform. Besides, it’s a great investment tool.
BNB is a perfect coin to invest. Lately, it has an incredible growth and reached the top 10 by capitalization. BNB lets you save you funds on the commission what is really import thing. Also, it provides fast transaction and doesn’t make you wait for ages to finish any operations with the coin.
The coin still has good potential. I'm sure it will rise sooner or later, so I rate it 5/5