1 Level
16 Review
58 Karma
Review on Binance Coin by Vo Thu
BNB also used on Binance as the market currency beside BTC, USDT, ETH as you…
BNB also used on Binance as the market currency beside BTC, USDT, ETH as you know if you owned BNB within Binance its mean you just got 50% trading fee bonus, Binance is rated one of the top digital exchanges in the world, and many investors are fiercely loyal to the platform. With a good offering on pairs, Binance lists most of the sterling altcoins of the here and now, constantly reviewing its offer.
Pros
- Binance is a very good and efficient Exchange, I use Binance as my main exchange. Binance created their own proprietary trading engine that is currently capable of processing 1.4 million trades per second. That’s far faster than any other cryptocurrency exchange currently, and explains why so many traders have made the switch from other exchanges to Binance. I personally use BNB as a tether when the market is pulling back as it is a safe asset with good use case.
Cons
- It’s important that investors establish costs at the outset, when setting up on Binance. Those 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. Unlike many of its competitors, Binance is emerging as a polished exchange with a latent energy in its token.
