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Review on Binance Coin by Jet Lee

Revainrating 4 out of 5

Binance Coin (BNB) is a digital currency issued by Binance exchange/trading…

Binance Coin (BNB) is a digital currency issued by Binance exchange/trading platform, BNB is an ERC20 token which is run on Ethereum network, but you can easily owned by registrated on Binance. They thought when it lists there, the price would be stable and even doubled.

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Pros
  • hose who buy into the BNB altcoin, tied as it is to the fate of the exchange, are mostly HODL types, but the fundamentals are in place as well. Were Binance a bricks-and-mortar establishment, shareholders would point to figures that show uptake, growth and profits. Most of the big traders are available in this big exchange.In every second thousand of buying/selling so many alts in this exchange.Top volume exchange in coinmarketcap. I personally use BNB as a tether when the market is pulling back as it is a safe asset with good use case, look at the end of the day, whatever you choose as your favorite exchange depends on what you find important. You do you, i do me.
Cons
  • In recent months, the BNB token has ceased to generate income.

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