1 Level
6 Review
16 Karma
Review on Binance Coin by Ivna Goel
Binance coin is the best cryptocurrency that allows the user to get a discount…
Binance coin is the best cryptocurrency that allows the user to get a discount of 50% on any trade fees on Binance exchange platform.also, BNB has had the great market cap in the crypto market. but as BNB is only listed on Binance exchange so non-binance user cant be trade with Binance coin.
Updated 5 years ago
Rating changed from 5 to 4
Binance has inreased their coin value very fastly as they are announcing many profitable events that are only available for BNB holders.
Pros
- Binance coin is a decentralized Ethereum based cryptocurrency. Binance coin is the exchange only cryptocurrency which is own by Binance Exchange. Big traders can reduce trading fees by half of the total trading fees if they pay fees in Binance coin in binance exchange only. Binance coin has a great market cap in the cryptocurrency market and is ranked on 17 according to Mcap of crypto market.
Cons
- Binance is only listed on Binance exchange so we cannot trade with Binance coin if we are not using Binance Exchange. Binance coin no special or unique idea about the project. Binance coin has not their own blockchain it is still ethereum based token.
