Review on Binance Coin by john saymor
binance coin (BNB)
When it comes to bitcoin transactions, the trader should always consider which crypto exchange to use. Because not all exchanges and sites are equally reliable and secure. Binance coin digital currency is accepted in Binance exchange, which is one of the safest exchanges in the world. Unlike bitcoin, ethereum, and other leading cryptocurrencies, Binance coin is the new currency in the blockchain network. ا
This means that its market share is lower than that of other leading quinces, and in addition, the portfolio allocation of traders is limited to such cryptocurrencies. As a result, crypto providers compete with each other on a daily basis. Cryptocurrencies may be deceptive to many traders because they do not depend on the government, but it is unwise to think that government actions will not have a major impact on their value.
If you use this digital currency to pay for transaction fees, this exchange offers its users a 25% discount and also provides access to discounts related to higher trading volume.
Pros
- Ability to exchange it with Fiat currencies
- Perform high speed transaction processes
Cons
- Binance redemption policy can lower prices
