Review on Binance Coin by Deborah Onobrorhie
BINANCE COIN A FUTURE COIN
Binance was founded in 2017 by Changpeng Zhao with there headquarter in Malta.
Binance coin or (BNB) was created by Binance's in 2017 as it's utility token for discounted trading fees. Binance's coin BNB is an exchange based token created and issued by the crypo currency exchange, Binance's coin can be used to pay fees on the Binance crypo currency exchange
Binance coin monthly gain exceeds 151% as cartesiIEO approaches
Binance is a crypo currency exchange and the idea is to provide a crown currency without the Notorious Volatility of Bitcoin and other popular digital
Pros
- Easy to exchange in the market
- Fee attached is low
- Excellent performance in low transaction fee
- Use to pay travel expenses buy virtual gifts and much more
- BNB is also used to power the Binance Dex ,Binance Decentralized Exchange
- You can use BNB to participate in token sales hosted on the Binance Launchpad
Cons
- No notable error
- It's a bit expensive for those who do not have money.
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Comments (1)
May 01, 2020
The name binance is derived from binary and finance. Binance coin is the crypto currency of the binance platform. As at year 2019 many business men accept BNB as a form of payment. Although for poor people t is expensive.
