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Port Harcourt
2 Level
65 Review
159 Karma

Review on Binance Coin by Mercy Godwin

Revainrating 5 out of 5

Binance coin BNB is a very good cryptocurrency token to invest in.

When discussing about successful cryptocurrency projects, there are many projects which can not be left behind without given any statement about. In the crypto space today, despite the all forms of complications we find today there still so many projects today who have filled in the space today with their success and are still doing better, trying to beat it till their very mission and this has really not been easy but with the efforts of this professional experts work behind their projects in the crypto space but there have been much work done and a greater success awaits them in the future ahead for the job well done 😁.

One of the successful cryptocurrency projects I would love to be discussing about is one cryptocurrency token which has really brought a lot of confusion to a lot of cryptocurrency traders because of its name, form and its very existence in the crypto space has really brought about a lot of confusion and this cryptocurrency token is no other one but the Binance coin BNB. Binance coin BNB has a name and value quite similar to one other of Binance's project which is the Binance Smart Chain which still has the tag name BNB and this really caused a lot more of confusion to me and the same goes for many cryptocurrency traders also. This confusion continued to the extent that I lost a good value of funds while sending a token to the wrong wallet address, however, since then, I have really mastered the difference between the two and I believe I would never try anything as such anymore.

Moreover, in order for me to elaborate more on this cryptocurrency token, Binance coin BNB, it is an ERC-20 token, if you are a newbie and you do not really understand what ERC-20 token means, it means that Binance coin BNB is an Ethereum based cryptocurrency Token, that is, it was built on the Ethereum Blockchain technology which is quite one of the best Blockchain network serving today, however, in other to solve the confusion between Binance coin BNB and its like token Binance Smart Chain BNB, if you would love to know, Binance Smart Chain BNB is actually a like of Binance coin BNB but it is a cryptocurrency coin of the Binance network. On the Binance Exchange traders who holds Binance coin BNB are at an advantage of getting charged of low fees on trading on this exchange, that is, when you hold Binance coin BNB on Binance Exchange you will get discount on trade using the Binance Exchange and this also has really contributed to its boom. Binance coin BNB is really a very nice Choice of cryptocurrency to trade because it is quite a very successful cryptocurrency projects of a successful Exchange and as it is said; the result of progress is more progress and that makes me draw my conclusions that, Binance coin BNB is a very profitable cryptocurrency token to trade and invest in.

Pros
  • It has the fame.
  • It has a good market cap.
  • It has a good rating and ranking.
  • It is a very good option for investment.
  • It has a successful cryptocurrency exchange.
Cons
  • None at all.

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