Review on Binance Coin by Harun Can
BnB, a currency that could become the new Ethereum of the future
Binance coin, also known as BNB token, is the Binance exchange's own cryptocurrency. Because it is an Erc-20-based cryptocurrency, you can transfer money very quickly when you want to transfer BNB tokens. In addition, BNB token parity is listed on many cryptocurrency exchanges, thanks to the Binance exchange.
With the BNB token, you can trade in some pairs, such as BnB/USDT, BnB/USDC, BNB/BTC, BnB/ETH, which are the most common and most commonly used pairs. With BNB token, you can buy and sell many cryptocurrencies.
I also want to say that if you are a Binance exchange user and want to pay less transaction fees, you can pay 25% less transaction fees by trading with the BNB token or having some BnB in your wallet. This feature was a very good feature that Binance Stock Exchange made to increase the use of BNB.
BNB token was established by Binance exchange in 2017 and its market volume was set at 190,000,000 units. Then, with BnB Burn events held approximately every 6 months or 1 year, the price of BnB was constantly tried to increase. Then we saw a very high rise in the price of BNB due to more demand. Activities such as this one to reduce the total supply of cryptocurrency we call Burn are frequently held on the Binance exchange.
With the BNB token, you can make money using features such as PancakeSwap or Launchpool, Launchpad, which are located on the Binance exchange. With the BNB token, you can earn money at rates as high as 67% per year through interest.
Binance Coin provides convenience to its users in many ways, and I also love trading with BNB token. I pay less transaction fees when I trade with the BNB token, and this is a very good situation, I use it very fondly.
BNB Coin is a cryptocurrency that can do very good things in the future. Because it is a cryptocurrency created by Binance and also based on erc-20, it is much more reliable than other cryptocurrencies because it does not contain any fake contracts and is constantly supported by secure contracts.
I think the fact that BNB is based on erc-20 is a separate beauty. Because when you transfer money with ERC-20-based currencies, your money comes very fast, and this also applies to BNB coin. I think it's a pretty good trait.
BNB Coin can be stored in cold wallets such as Trust Wallet, MetaMask; it can also be found in wallets on the Binance exchange and other cryptocurrency exchanges. That's why you can trade with BNB Coin almost anywhere.
In summary, I have told you what I know about the BNB token, and I love trading with the BNB token. I believe he can do a lot of good things in the future and I hope he continues his rise without any problems.
Pros
- With BNB, you can trade in many cryptocurrencies. You can trade with BNB/USDT, BNB/USDC, BNB/BTC, BNB/ETH, BNB/XRP and more
- Since 2017, the price of BNB has continued to increase with BnB Burn events, and BNB Burn events are important for the future of BNB. This is also a positive aspect
- If you use BNB tokens on Binance exchange, you will pay 25% less transaction fee
Cons
- BNB token does not offer a smart contract feature, but to me this is not a very big negative aspect
New products
Comments (3)
February 03, 2021
Binan Coin is the best currency. Don't forget to add new information when you update your review, and as I told you, I would be very happy if you corrected your missing information. Thank you for sharing your information. Also, the features you mentioned are really very accurate, and thank you for that.
February 03, 2021
I read what you wrote about Binance Coin and I loved it. Don't forget to add new information when you update your review, and as I told you, I would be very happy if you corrected your missing information. Thank you for sharing your information. Also, the features you mentioned are really very accurate, and thank you for that.
February 03, 2021
I really love what you wrote about Binance Coin, and I really love the information I'm looking for, thank you very much, I would appreciate it if you would add new information when you update the review and correct the information you wrote incorrectly. it would be nice if you added new information in your new review. Thanks for the information.
