Binance Coin (BNB) vs Bitcoin Cash (BCH) Comparison
On this page, you can compare Binance Coin (BNB) with Bitcoin Cash (BCH). 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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Bitcoin Cash is the most popular Bitcoin hard fork proposed by Roger Ver in 2017 as a solution to the problem of slow transactions in the Bitcoin network. The idea was to create a version of Bitcoin that would be better for payments, while original Bitcoin is considered more as a store of value. Bitcoin Cash has a bigger block size than Bitcoin so the transactions of this currency are faster and cheaper. On the other side, it requires more resources to run the full node of Bitcoin Cash which makes it more vulnerable to centralization.
Bitcoin Cash quickly attracted a huge following and became a prominent part of the cryptocurrency market. BCH is available on many exchanges and is supported by numerous crypto services. Since the launch of the project, it has never left the top 10.
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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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Public blockchain
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Current price (USD)
All-time high (USD)
Price change (24h)
Volume (24h)
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393150706.87646
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37452924.09168
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Hashrate
Max Supply
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187536713.00000
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21000000.00000
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Total supply
Circulating Supply
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142064752.28821
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19791937.39665
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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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18462627.14680
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Is trading
Block reward
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0.000000000000
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6.250000000000
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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
4.4 / 5
7 user reviews
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Cryptogeek rating |
Cryptogeek rating
4.6 / 5
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Cryptogeek rating
4 / 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
4.19 / 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.
|
Bitcoin Cash is the most popular Bitcoin hard fork proposed by Roger Ver in 2017 as a solution to the problem of slow transactions in the Bitcoin network. The idea was to create a version of Bitcoin that would be better for payments, while original Bitcoin is considered more as a store of value. Bitcoin Cash has a bigger block size than Bitcoin so the transactions of this currency are faster and cheaper. On the other side, it requires more resources to run the full node of Bitcoin Cash which makes it more vulnerable to centralization.
Bitcoin Cash quickly attracted a huge following and became a prominent part of the cryptocurrency market. BCH is available on many exchanges and is supported by numerous crypto services. Since the launch of the project, it has never left the top 10.
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Type |
Type
coin
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Type
coin
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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
Public blockchain
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Current price (USD) |
Current price (USD)
634.2401
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Current price (USD)
497.9648
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All-time high (USD) |
All-time high (USD)
39.5700
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All-time high (USD)
4355.6200
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Price change (24h) |
Price change (24h)
0.61
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Price change (24h)
2.89
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Volume (24h) |
Volume (24h)
393150706.87646
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Volume (24h)
37452924.09168
|
Hashrate |
Hashrate
No data
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Hashrate
2653000000
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Max Supply |
Max Supply
187536713.00000
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Max Supply
21000000.00000
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Total supply |
Total supply
No data
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Total supply
No data
|
Circulating Supply |
Circulating Supply
142064752.28821
|
Circulating Supply
19791937.39665
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Transaction speed / Block time |
Transaction speed / Block time
20
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Transaction speed / Block time
116
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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
low
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Algorithm |
Algorithm
No data
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Algorithm
SHA-256
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Proof type |
Proof type
No data
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Proof type
PoW
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Fully premined |
Fully premined
No data
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Fully premined
No data
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Smart contract address |
Smart contract address
No data
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Smart contract address
No data
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Total coins mined |
Total coins mined
155536713.00000
|
Total coins mined
18462627.14680
|
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
6.250000000000
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Block time |
Block time
No data
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Block time
600
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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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Scalable
Highly Efficient
Easy To Acquire
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Disadvantages
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Is heavily centralized
A major target for cyberattacks
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Branding Issues
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Rating
User rating |
User rating
4.8 / 5
6 user reviews
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User rating
4.4 / 5
7 user reviews
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Cryptogeek rating |
Cryptogeek rating
4.6 / 5
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Cryptogeek rating
4 / 5
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Advantages |
Advantages
Uses a unique Burndown Policy
Acts as a discount coupon
Offers fast transactions and low fees
|
Advantages
Scalable
Highly Efficient
Easy To Acquire
|
Disadvantages |
Disadvantages
Is heavily centralized
A major target for cyberattacks
|
Disadvantages
Branding Issues
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Binance Coin (BNB) user rating is 4.8, based on 6 user reviews. Bitcoin Cash (BCH) user rating is 4.4, based on 7 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
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Binance Coin (BNB) features
At the moment Binance Coin (BNB) price is 634.2401. Its 24h volume is 393,150,707.87646. 24h price change is 1.61.
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.
Bitcoin Cash (BCH) features
Bitcoin Cash (BCH) price is 498.9648. Its 24h volume is 37,452,924.9168. 24h price change is 3.89.
Bitcoin Cash (BCH) max supply is 21,000,000.0. The circulating supply is 19,791,937.39665.
Bitcoin Cash (BCH) hash rate is 2653000000.
Bitcoin Cash (BCH) transaction speed/block time is 116.
Block reward is 6.25.
At the moment the number of coins mined is 18,462,627.1468.
Mining profitability is low.
Bitcoin Cash (BCH) Cryptogeek user rating is 4.4, based on 7 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 Bitcoin Cash (BCH). 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.