Review on Binance Coin by Pradeep Salgare

Name: Binance Coin
Item: Binance Coin
Rating: 5

September 17, 2018

Overall Binance coin is best for traders which trade on the binance exchange…

Overall Binance coin is best for traders which trade on the binance exchange as if traders are trading on Binance then Also they save 50 % of trading fees on every trade. Also, the team of the project is strong and also it is acquired high market cap.
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Updated 5 years ago

Rating has not been changed

Love their team binance completed 2 years today and i really love their team is not for money they this users and community recently binance ceo cz gives this statement on ieo  
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"  We’ve been discussing with all the Binance team members. And the unanimous decision by the Binance team is that they will not spend a penny from their ICO allocation of BNB, which is 80 million BNB. At the current rate, that’s currently worth US$2.4 billion. We’re not gonna cash that out, We’re gonna burn it all. We’re gonna allocate 100% of that allocation to the burn. 

What does this mean? Basically, the team will not claim pre-allocated tokens; the team gets nothing from the ICO. All BNB we have are either earned through our services or bought with our own money. I think this clearly shows that the Binance team is here for a mission, we’re not here for the money. That should boost the confidence of our community.   "
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Pros

Binance coin is the exchange coin of Binance exchange which is world biggest exchange. Binance allows to traders to trade and pay fees in BNB to get 50% discount in fees of every trade in Binance Exchange. technically, Binance coin's Team is very strong. Binance coin is the well-proven coin as Binance platform has been deployed on 30+ exchanges already. Also, binance coin is acquired high market cap and ranked in top 20 list according to market cap.

Cons

There are not so many cons about BNB project but some of them like, Binance coin is only listed on its own exchange Binance Exchange. we can't buy Binance coin with fiat currency. also, Binance coin having not any unique idea or product.