Binance Coin (BNB) vs Genaro Network (GNX) Comparison
On this page, you can compare Binance Coin (BNB) with Genaro Network (GNX). 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.
User rating
Cryptogeek rating
About
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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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Genaro Network (GNX) is an Ethereum token. This token is paired against other crypto on the number of exchange platforms. There is also the Genaro Network token available on the project’s own blockchain after the mainnet.
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Type
Founding Date
Country
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International
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International
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Languages
Team
Protocol
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Public blockchain
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No data
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Current price (USD)
All-time high (USD)
Price change (24h)
Volume (24h)
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726016209.66482
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934.70018
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Hashrate
Max Supply
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187536713.00000
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675000000.00000
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Total supply
Circulating Supply
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142064752.28821
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650000000.00000
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Transaction speed / Block time
Transaction fee
Mining profitability
Algorithm
Proof type
Fully premined
Smart contract address
Total coins mined
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155536713.00000
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650000000.00000
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Is trading
Block reward
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0.000000000000
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0.000000000000
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Block time
Company |
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User rating |
User rating
4.8 / 5
6 user reviews
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User rating
4 / 5
3 user reviews
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Cryptogeek rating |
Cryptogeek rating
4.6 / 5
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Cryptogeek rating
3.8 / 5
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Trust Score
How it works
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Trust Score
4.8 / 5
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Trust Score
4.21 / 5
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About |
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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Genaro Network (GNX) is an Ethereum token. This token is paired against other crypto on the number of exchange platforms. There is also the Genaro Network token available on the project’s own blockchain after the mainnet.
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Type |
Type
coin
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Type
token
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Founding Date |
Founding Date
2017
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Founding Date
2017
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Country |
Country
International
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Country
International
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Languages |
Languages
No data
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Languages
No data
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Team |
Team
Public
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Team
Public
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Protocol |
Protocol
Public blockchain
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Protocol
No data
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Current price (USD) |
Current price (USD)
613.7871
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Current price (USD)
0.0004
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All-time high (USD) |
All-time high (USD)
39.5700
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All-time high (USD)
1.2900
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Price change (24h) |
Price change (24h)
-1.94
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Price change (24h)
-4.24
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Volume (24h) |
Volume (24h)
726016209.66482
|
Volume (24h)
934.70018
|
Hashrate |
Hashrate
No data
|
Hashrate
No data
|
Max Supply |
Max Supply
187536713.00000
|
Max Supply
675000000.00000
|
Total supply |
Total supply
No data
|
Total supply
No data
|
Circulating Supply |
Circulating Supply
142064752.28821
|
Circulating Supply
650000000.00000
|
Transaction speed / Block time |
Transaction speed / Block time
20
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Transaction speed / Block time
2000
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Transaction fee |
Transaction fee
No data
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Transaction fee
No data
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Mining profitability |
Mining profitability
high
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Mining profitability
medium
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Algorithm |
Algorithm
No data
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Algorithm
No data
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Proof type |
Proof type
No data
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Proof type
No data
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Fully premined |
Fully premined
No data
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Fully premined
No data
|
Smart contract address |
Smart contract address
No data
|
Smart contract address
No data
|
Total coins mined |
Total coins mined
155536713.00000
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Total coins mined
650000000.00000
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Is trading |
Is trading
yes
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Is trading
yes
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Block reward |
Block reward
0.000000000000
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Block reward
0.000000000000
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Block time |
Block time
No data
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Block time
No data
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Social
Website
Twitter
Advantages
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Uses a unique Burndown Policy
Acts as a discount coupon
Offers fast transactions and low fees
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Lots of exchanges;
Many features
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Disadvantages
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Is heavily centralized
A major target for cyberattacks
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No direct backing;
Spread too thin;
Slow development
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Rating
User rating |
User rating
4.8 / 5
6 user reviews
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User rating
4 / 5
3 user reviews
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Cryptogeek rating |
Cryptogeek rating
4.6 / 5
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Cryptogeek rating
3.8 / 5
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Advantages |
Advantages
Uses a unique Burndown Policy
Acts as a discount coupon
Offers fast transactions and low fees
|
Advantages
Lots of exchanges;
Many features
|
Disadvantages |
Disadvantages
Is heavily centralized
A major target for cyberattacks
|
Disadvantages
No direct backing;
Spread too thin;
Slow development
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Binance Coin (BNB) user rating is 4.8, based on 6 user reviews. Genaro Network (GNX) user rating is 4, based on 3 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
Choose other companies
Binance Coin (BNB) features
At the moment Binance Coin (BNB) price is 614.7871. Its 24h volume is 726,016,210.66482. 24h price change is -2.94.
Binance Coin (BNB) max supply is 187,536,713.0. The circulating supply is 142,064,752.28821.
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.
Genaro Network (GNX) features
Genaro Network (GNX) price is 0.4. Its 24h volume is 935.70018. 24h price change is -4.24.
Genaro Network (GNX) max supply is 675,000,000.0. The circulating supply is 650,000,000.0.
Genaro Network (GNX) transaction speed/block time is 2000.
Block reward is 0.0.
At the moment the number of coins mined is 650,000,000.0.
Mining profitability is medium.
Genaro Network (GNX) Cryptogeek user rating is 4, based on 3 user reviews.
When trading cryptocurrency, you should take into account the following rules:
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.
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.
- 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.
- 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.
- 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 Binance Coin (BNB) with Genaro Network (GNX). 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.