Review on Binance Coin by LUIS RIVERO R
The Binance Cryptocurrency!
This cryptocurrency is now the basis of Binance's decentralized exchange, its value is currently not tied only to the exchange platform.
It is a native currency created in its own network to be the Binance DEX engine, now fully independent and then be a contract of the ETH platform. It is necessary to have this cryptography to be able to transform the style of ethics.
In general, this is one of the most successful blockchain projects with usability cases that stopped relying on an exchange for most of the daily volume of transactions, now it is not just trading it is possible to make payments in the real world. Over time, as an investment, it is highly competitive due to the burning of tokens, however, it is questionable in the long term for this and other platforms that model of burning and deflationary business.
Pros
- Discount on transactions within the exchange.
- Main currency in the binance DEX.
- Discount on withdrawals.
- Compatible with multiple wallets, of the best known brands
- It is possible to find it in multiple exchanges.
- The volume of transactions and demand for this asset is high.
Cons
- Exchange is not available in some locations.
- Price and exchange only support.
