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6 Review
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Review on Binance Coin by Linnuo Jiang
Overall, Binance coin (BNB) is very useful to those traders which are doing so…
Overall, Binance coin (BNB) is very useful to those traders which are doing so many trades on Binance Exchange as they can save their money by 50% if they pay fees by Binance coin (BNB). also, Binance is well reputed and world's biggest exchange, so Binance coin having great potential in Future and Team of BNB is also very active and experienced.
Updated 5 years ago
Rating has not been changed
In recent AMA of CZ Binance CEO of Binance, they explains about usecase of binance where they mention that users can still get benefits of 25% discount on trading fees if they pay with BNB.
Pros
- Binance coin (BNB) is a decentralized ethereum based ERC20 Token which is an exchange cryptocurrency namely Binance Exchange. Big traders can save money from fees by 50% if they are paying fees of any trade by BNB coin in Binance Exchange. Team of Binance coin is very strong and well-experienced. Also Binance coin is having great market cap in cryptomarket.
Cons
- Binance coin is an exchange coin so, it is only traded on its own exchange Binance Exchange. So, other traders which are not using Binance Exchange have not special value for Binance coin, also they can't be able to trade Binance coin Without using Binance exchange. otherwise, Binance coin hasn't any special issue.
