Binance Coins offers a variety of advantages offered to gain popularity in a short time. The following is the amount obtained from BNB coins that have succeeded in attracting the attention of Crypto currency users around the world
Carrying the big name Binance
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Binance is one of the largest trading exchanges in the world both in terms of transaction volume and the number of active users. The cryptocurrency recorded in Binance will get a temporary benefit in the form of an increase in value of up to 80%. On the other hand, cryptocurrency issued from Binance will get a bad reputation. The reputation of Binance itself is a big advantage for Binance coins.
The presence of DEX Binance
Binance launches a decentralized exchange of their own namely Binance DEX, where the founder of Binance believes that this stock exchange model will become a trend of future needs. With a very large number of Binance customers, it is hoped that Binance DEX will succeed in attracting new customers who also use BNB coins.
BNB burning
Binance also applies a BNB coin burning policy for a period of time. This policy is carried out based on various considerations. One of them relates to discounted transaction costs offered by Binance to its members.