06.03.2020 01:59

Binance Coin



arrow_upward 5.02%

0.002297 BTC

Market Cap:

$3 253 403 966

Circulating Supply:

155 536 713 BNB

Max Supply:

187 536 713 BNB

About Binance Coin

Binance Coin is a token based on Ethereum, which allows you to receive discounts on the services of the Binance platform - a crypto exchange, which in the future will become a decentralized exchange of blockchain assets. BNB also provides users with access to advanced features that will be used on the new decentralized exchange. The Binance Coin was launched in the spring of 2017 and gained considerable popularity for the recently launched project. During the ICO, the exchange attracted $15 million of investment. The topicality of the coin is supported by exchange instruments purchased for this digital money. Along with this, there is an increased investor interest, which makes Binance Coin a promising development. The Binance exchange is characterized by an increased level of security and a significant speed of data processing. Creation of own digital money will allow it to occupy one of the leading positions in the digital sphere due to fast transactions and reliability of assets storage. Users, who buy Binance Coin, receive access to certain discounts for transactions within the trading platform, which include conversion and withdrawal fees, listing and other commissions. The size of the discount depends on the period of acquisition of Binance Coin - up to 50% in the first year and doubled reduction every next year. Analysis of the current situation creates a prospect for a long-term investment in Binance Coin. Successful transition of the exchange to a decentralized basis will give a new push to development. However, the risks associated with this event should be taken into account. In this context, analysts confirm the potential of this cryptocurrency and exchange but recommend to evaluate the current situation carefully. If you want to know the latest information about Binance Coin, visit its telegram account @binance


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