Arbitrum (ARB) vs Binance Coin (BNB) Comparison

Compare companies

On this page, you can compare Arbitrum (ARB) with Binance Coin (BNB). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.

Company

User rating

0 / 5 0 user reviews 4.8 / 5 6 user reviews

Cryptogeek rating

0 / 5 4.6 / 5

Trust Score

How it works
1.83 / 5 4.8 / 5

About

Arbitrum (ARB) is a token of the Arbitrum blockchain, an Ethereum second-layer rollup-based solution aimed at solving scalability issues. Arbitrum uses a sidechain to operate transactions decreasing the Ethereum network congestion level. 
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.

Type

No data coin

Founding Date

2020 2017

Country

International International

Languages

No data No data

Team

No data Public

Protocol

No data Public blockchain

Current price (USD)

No data 584.6528

All-time high (USD)

No data 39.5700

Price change (24h)

No data -2.39

Volume (24h)

No data 193601355.15441

Hashrate

No data No data

Max Supply

No data 187536713.00000

Total supply

No data No data

Circulating Supply

No data 147583775.73202

Transaction speed / Block time

No data 20

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

No data No data

Proof type

No data No data

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

No data 155536713.00000

Is trading

No data yes

Block reward

No data 0.000000000000

Block time

No data No data
Company
User rating User rating 0 / 5 0 user reviews User rating 4.8 / 5 6 user reviews
Cryptogeek rating Cryptogeek rating 0 / 5 Cryptogeek rating 4.6 / 5
Trust Score How it works Trust Score 1.83 / 5 Trust Score 4.8 / 5
About
Arbitrum (ARB) is a token of the Arbitrum blockchain, an Ethereum second-layer rollup-based solution aimed at solving scalability issues. Arbitrum uses a sidechain to operate transactions decreasing the Ethereum network congestion level. 
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.
Type Type No data Type coin
Founding Date Founding Date 2020 Founding Date 2017
Country Country International Country International
Languages Languages No data Languages No data
Team Team No data Team Public
Protocol Protocol No data Protocol Public blockchain
Current price (USD) Current price (USD) No data Current price (USD) 584.6528
All-time high (USD) All-time high (USD) No data All-time high (USD) 39.5700
Price change (24h) Price change (24h) No data Price change (24h) -2.39
Volume (24h) Volume (24h) No data Volume (24h) 193601355.15441
Hashrate Hashrate No data Hashrate No data
Max Supply Max Supply No data Max Supply 187536713.00000
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply No data Circulating Supply 147583775.73202
Transaction speed / Block time Transaction speed / Block time No data Transaction speed / Block time 20
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability No data Mining profitability high
Algorithm Algorithm No data Algorithm No data
Proof type Proof type No data Proof type No data
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined No data Total coins mined 155536713.00000
Is trading Is trading No data Is trading yes
Block reward Block reward No data Block reward 0.000000000000
Block time Block time No data Block time No data

Social

Website

arbitrum.io www.binance.com

Twitter

@arbitrum Binance coin
Website Website arbitrum.io Website www.binance.com
Twitter Twitter @arbitrum Twitter Binance coin

Advantages

Solves the Ethereum scalability issues Uses a unique Burndown Policy Acts as a discount coupon Offers fast transactions and low fees

Disadvantages

The project is too young Is heavily centralized A major target for cyberattacks

Rating

User rating User rating 0 / 5 0 user reviews User rating 4.8 / 5 6 user reviews
Cryptogeek rating Cryptogeek rating 0 / 5 Cryptogeek rating 4.6 / 5
Advantages Advantages Solves the Ethereum scalability issues Advantages Uses a unique Burndown Policy Acts as a discount coupon Offers fast transactions and low fees
Disadvantages Disadvantages The project is too young Disadvantages Is heavily centralized A major target for cyberattacks

Arbitrum (ARB) user rating is 0, based on 0 user reviews. Binance Coin (BNB) user rating is 4.8, based on 6 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
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Arbitrum (ARB) features

Arbitrum (ARB) Cryptogeek user rating is 0, based on 0 user reviews.

Binance Coin (BNB) features

Binance Coin (BNB) price is 585.6528. Its 24h volume is 193,601,355.15441. 24h price change is -2.39.

Binance Coin (BNB) max supply is 187,536,713.0. The circulating supply is 147,583,776.73202.

Binance Coin (BNB) transaction speed/block time is 20. Block reward is 0.0.

At the moment the number of coins mined is 155,536,713.0. Mining profitability is high.

Binance Coin (BNB) Cryptogeek user rating is 4.8, based on 6 user reviews.

Some basic rules

When trading cryptocurrency, you should take into account the following rules:

Keep track of emotions

Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.

Beware of hype

Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.

Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.

Don't be taken in by false news

An important lesson: do not believe the news, study the topic yourself.

Apply investments diversification strategy and risk management

Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.

  1. Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
  2. An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
  3. High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).

Lesson: never put all your eggs in one basket.

Do not store tokens on exchanges

Lesson: while tokens are stored on the exchange, do not consider them as yours.

On this page, you can compare Arbitrum (ARB) with Binance Coin (BNB). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.