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Global ratings 305
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Type of review

BNB’s Name-Value Storage is a simple yet powerful concept that allows you to store arbitrary data within the blockchain. This has already allowed a range of distributed services, from a decentralized network. Although BNB supports traditional PoW mining and merged mining with Bitcoin, its main mechanism is Proof-of-Stake mining. This eliminates the “arm’s race” for mining capacity.

Pros
  • BNB is an open-sourced peer-to-peer cryptocurrency which forked from Peercoin in 2014. It uses both Proof-of-Stake and Proof-of-Work mining protocols. Developers describe BNB as more of a development platform than a cryptocurrency
Cons
  • BNB also benefits from an active and creative user community, where users come together and discuss ideas, Great team and community no problems.

binance coin are solving traders problem by a decrement in fees, that's why like this project, binance also planning to launch its testnet but bnb is the excellent coin to hold also

Pros
  • - Binance coin has a very good reputation. It is one of the most successful exchange coins on the market. - Holding BNB on Binance exchange, users will enjoy significant trading fee discount - BNB value will always be controlled as the majority of supply are circulated on Binance - Demand for BNB is high as traders on Binance need the reduction of the trading fees - Binance team are strong with the leaders having excellent backgrounds
Cons
  • 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.

Revainrating 5 out of 5

In conclusion, we should invest in BNB tokens now since Binance exchange…

In conclusion, we should invest in BNB tokens now since Binance exchange platform is very promising and BNB coin is a way to speed their performance. We can be sure that this cryptocurrency will undoubtedly grow more and it is an excellent choice for long-term investment, that's why don't stop investing in it since the value of BNB will grow!

Pros
  • Binance coin allows the traders to trade on binance exchange with relatively low transaction fees. The fees can be paid from BNB coin within the platform.
Cons
  • Not currently available on major exchanges other than binance. This reduces the exposure to potential buyers.

As binance has a strong foundation and has many clients attracted to it, the bnb coins also has a good foundation to grow upon.

Pros
  • Binance team has plans to move bnb to a new decentralized exchange platform where bnb will be the major primary currency.
Cons
  • Since Binance is a popular exchange, it attracts the attention of cyber attackers too. Hence there will be concerns regarding the security of the platform and bnb.

They should improve their weaknesses then they can develop and grow as the best exchange of the world.

Pros
  • Combines binary algorithms with finance and the popular bianance exchange is a strong plat dorm in the world right now.l
Cons
  • The customer support is very poor. It is very difficult to contact the support and get a reliable answer.

If they employee new methods to attract the customer base and give reasons for customers to rely on the bnb coin for fees, they can grow rapidly in coming years.

Pros
  • They gave discount on fees for pioneer customers to increase the awareness about the bnb coin.
Cons
  • Since the fee discount is rolled back over the years, the interest of traders may lessen with time as I think

Revainrating 5 out of 5

Is very fast. Very low fees. Good markets available.

Is very fast. Very low fees. Good markets available.

Pros
  • Binance investment in one of the fastest growing crypto trading exchange and has dramatically changed how digital assets are being traded in the crypto world. The project is a cryptocurrency trade ecosystem with its own coin – BNB, which is used also within the ecosystem as an exchange commodity between some crypto assets that are listed on its platform, there are benefits for using the currency on the network to perform trades, like very low fees. In my experience is the best exchange of cryptos right now.
Cons
  • They should allow to enter directly with FIAT money. And maybe they should include SPANISH among their languages.

Revainrating 5 out of 5

As a ethereum base coin for now, they have the capacity to expand to more…

As a ethereum base coin for now, they have the capacity to expand to more exchanges. If they do that and bring many more buyers, the bnb coin will to the moon.

Pros
  • Binance coin allows the traders to trade on binance exchange with relatively low transaction fees. The fees can be paid from BNB coin within the platform.
Cons
  • The binance coin cannot be traded on decimals. That is not a major concern, but a point to think.

Their market capitalization shows the interest of people in the coin. These are good signs already and for a bright future.

Pros
  • They are buying back tokens and burning them to reduce the circulating coins. So they take steps to protect the value of the coin
Cons
  • Not currently available on major exchanges other than binance. This reduces the exposure to potential buyers.

Binance has listed Monaco’s MCO token, and in return, Monaco will support the Binance’s BNB token.This is definitely one the projects you consider reliable for investment and also good platform to do business on. Binance, also known as BNC serves a lot for us crypto enthusiasts. I also hold the bnb coin 1050 from jan 2018.

Pros
  • Because this is an coin of an exchange and it is having its own blockchain and thats whys this coin is go for atleast 100$ because an exchange and it is ranking in one of 100 coins in coin market cap with an good volume and demand.
Cons
  • communication is not properly on social media.

Revainrating 5 out of 5

Those who benefit the most are users who frequently trade on the platform…

Those who benefit the most are users who frequently trade on the platform while holding the BNB token. It’s entirely possible to utilize the exchange without buying into the native coin, yet most users immediately see the value to be gleaned from the discounts offered to dedicated users. Added to that, any casual search will show a history of its true utility and rising value. Although there are altcoins with greater value and quicker trajectories, the fact that BNB is the coin of a thriving…

Pros
  • What they may not know, if they aren’t using the Binance platform, is that the exchange also has its own token, called the “Binance Coin (BNB)”. This token was released as part of an ICO for Binance, and the value of the token has been steadily increasing since as the platform increases in popularity.
Cons
  • 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.

Revainrating 5 out of 5

In general a very good token. But depend on platform.

In general a very good token. But depend on platform.

Pros
  • BNB is the original token of Binance platform. It's used as mean of payment and Binance do a lot of efforts to encourage traders to hold it. The token use erc20 blockchain, and BNB token has a very good place in marketcap. With low circulating supplychain.
Cons
  • Depend on existence of Binance platform. And it still a token and not a coin.

This project has evolved finely over the years. They started small as nothing and through massive hard work and dedication created a project that has fast become a reference point. This is definitely one the projects you consider reliable for investment and also good platform to do business on. Binance, also known as BNC serves a lot for us crypto enthusiasts. I personally make use of it to know what project to invest in, monitor the crypto market as well as carry out coin exchanges when fees

Pros
  • They give very accurate graphical representation of the coin market situation, allowing you to know which and when to trade. They equally have a stable platform, easy sign-up and simple trading process.
Cons
  • For a new site visitor, it maybe difficult to understand what the site is all about as there's very little information of what they do available in the site. It is more suitable to the crypto pros.

Binance Coin - one of options. The token is very interesting. In many respects his course and prospect in general depends on the Binance platform. But, at least, on the medium term to get profit, investing in this coin, perhaps.

Pros
  • Purchase of any kind cryptocurrency (for BNB it is possible to buy any coin which is present at listing). In case of work with Binance Coin, users receive impressive discounts. What? Today each trader will receive a discount of 50% for the commission for carrying out each transaction. We remind: the size of the commission for transactions - 0.1%. After a discount she will make 0.05%.
Cons
  • the minimum functions for use of a token

Binance Coin (BNB) is a digital currency issued by Binance exchange/trading platform, BNB is an ERC20 token which is run on Ethereum network, but you can easily owned by registrated on Binance. They thought when it lists there, the price would be stable and even doubled.

Pros
  • hose 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. Most of the big traders are available in this big exchange.In every second thousand of buying/selling so many alts in this exchange.Top volume exchange in coinmarketcap. I personally use BNB as a tether when the market is pulling back as it is a safe asset with good use case, look at the end of the day, whatever you choose as your favorite exchange depends on what you find important. You do you, i do me.
Cons
  • In recent months, the BNB token has ceased to generate income.

I think it is a very good project for the future So everybody should evaluate it and research it thoroughly and say it will be a good job for the market.

Pros
  • they're still the safest exchange on the market, with some of the highest volumes and the best coins to trade. Not only that but their customer service is lightyears ahead of bittrex, poloniex, liqui, ... Look at the end of the day, whatever you choose as your favorite exchange depends on what you find important. You do you, i do me.
Cons
  • The number of people registering accounts with too many binance, so many times led to the status of not signing account.

I'm eagerly awaiting the Binance DEX and hope it's better than the usual bunch of basic DEXs that are currently available. I was never a fan of DEXs but they should be the way to go with cryptocurrencies, a complete independent way to trade crypto, hope Binance comes up with something good.

Pros
  • Binance is a good exchange and their coin is worth keeping to everyone who trades on this exchange, not only for the purpose of saving on commissions, but also to earn when the coin grows in value, and it can.
Cons
  • Some users have difficulty with the Android mobile version.

Revainrating 4 out of 5

I think binance will be the future of exchanges too not only because i am…

I think binance will be the future of exchanges too not only because i am comfortable using it, low exchange rates, high volume of cryptos but because it's also secure. I have been into binance and i haven't found any security issues yet.

Pros
  • This is because binance is one of the most exquisite yet very userfriendly exchange. It's security measure are well done so we as traders are confident with keeping are funds there and hodling for long time
Cons
  • after the 5 years of trade discounts and the 50% buyback, the token will have no value unless the third use (decentralized exchange) adds enough value to stand on its own.