Binance Coin (BNB) vs Monero (XMR) Comparison

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Company

User rating

4.8 / 5 6 user review 5 / 5 3 user review

Cryptogeek rating

4.6 / 5 4 / 5

Trust Score

How it works
4.8 / 5 3.95 / 5

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.
Monero is the most significant privacy-focused cryptocurrency on the market. It was created in 2014. The main feature of Monero is mixing of transactions in the blockchain. Third parties can't see amounts of money sent in transactions and addresses participating in operations, so all payments are untraceable. The developers are keeping it ASIC-resistant. It saves this network from centralization and gives an opportunity for GPU owners to earn something from mining Monero. Despite its lack of serious marketing campaign Monero has gained a strong following on different forums and social media platforms. In 2016 the price of Monero began to grow. Nowadays this currency is one of the top 15 cryptocurrencies by its market cap.

Type

coin coin

Founding Date

2017 2014

Country

International International

Languages

No data No data

Team

Public Not Public

Protocol

Public blockchain Public blockchain

Current price (USD)

608.0807 161.1067

All-time high (USD)

39.5700 495.8400

Price change (24h)

-1.10 -0.20

Volume (24h)

289908247.23954 20763488.26803

Hashrate

No data 1

Max Supply

187536713.00000 No data

Total supply

No data No data

Circulating Supply

142064752.28821 71964.82506

Transaction speed / Block time

20 26

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

No data CryptoNight-V7

Proof type

No data PoW

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

155536713.00000 17632039.18461

Is trading

yes yes

Block reward

0.000000000000 1.554846810247

Block time

No data 120
Company
User rating User rating 4.8 / 5 6 user review User rating 5 / 5 3 user review
Cryptogeek rating Cryptogeek rating 4.6 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 4.8 / 5 Trust Score 3.95 / 5
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.
Monero is the most significant privacy-focused cryptocurrency on the market. It was created in 2014. The main feature of Monero is mixing of transactions in the blockchain. Third parties can't see amounts of money sent in transactions and addresses participating in operations, so all payments are untraceable. The developers are keeping it ASIC-resistant. It saves this network from centralization and gives an opportunity for GPU owners to earn something from mining Monero. Despite its lack of serious marketing campaign Monero has gained a strong following on different forums and social media platforms. In 2016 the price of Monero began to grow. Nowadays this currency is one of the top 15 cryptocurrencies by its market cap.
Type Type coin Type coin
Founding Date Founding Date 2017 Founding Date 2014
Country Country International Country International
Languages Languages No data Languages No data
Team Team Public Team Not Public
Protocol Protocol Public blockchain Protocol Public blockchain
Current price (USD) Current price (USD) 608.0807 Current price (USD) 161.1067
All-time high (USD) All-time high (USD) 39.5700 All-time high (USD) 495.8400
Price change (24h) Price change (24h) -1.10 Price change (24h) -0.20
Volume (24h) Volume (24h) 289908247.23954 Volume (24h) 20763488.26803
Hashrate Hashrate No data Hashrate 1
Max Supply Max Supply 187536713.00000 Max Supply No data
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 142064752.28821 Circulating Supply 71964.82506
Transaction speed / Block time Transaction speed / Block time 20 Transaction speed / Block time 26
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability high Mining profitability low
Algorithm Algorithm No data Algorithm CryptoNight-V7
Proof type Proof type No data Proof type PoW
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 155536713.00000 Total coins mined 17632039.18461
Is trading Is trading yes Is trading yes
Block reward Block reward 0.000000000000 Block reward 1.554846810247
Block time Block time No data Block time 120

Social

Website

www.binance.com ww.getmonero.org

Twitter

Binance coin Monero
Website Website www.binance.com Website ww.getmonero.org
Twitter Twitter Binance coin Twitter Monero

Advantages

Uses a unique Burndown Policy Acts as a discount coupon Offers fast transactions and low fees Secure Untraceable Could grow rapidly with arms trading Private, untraceable and unfungible

Disadvantages

Is heavily centralized A major target for cyberattacks Can be used for shady things Not physically-backed Risk of regulation

Rating

User rating User rating 4.8 / 5 6 user review User rating 5 / 5 3 user review
Cryptogeek rating Cryptogeek rating 4.6 / 5 Cryptogeek rating 4 / 5
Advantages Advantages Uses a unique Burndown Policy Acts as a discount coupon Offers fast transactions and low fees Advantages Secure Untraceable Could grow rapidly with arms trading Private, untraceable and unfungible
Disadvantages Disadvantages Is heavily centralized A major target for cyberattacks Disadvantages Can be used for shady things Not physically-backed Risk of regulation

Binance Coin (BNB) user rating is 4.8, based on 6 user reviews. Monero (XMR) user rating is 5, based on 3 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?
Trust Score: 4.8 / 5 Write review
Trust Score: 3.95 / 5 Write review
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