This article will introduce BNB - Coin of Binance - worth to invest in trader.
BNB (Binance Coin) is a coin released by Binance during a recent ICO event to fund the development of Binance. View Binance's registration, verification, and transaction instructions in the following 2 articles: Account Registration, Confidentiality and Upgrading Guide to 100 BTCs on Binance Binance Registration Guide
What is Binance Coin (BNB)?
Binance coin (BNB) is a digital currency developed on the blockchain platform of Ethereum under the ERC20 standard. BNB coin was released by Binance, China's largest digital currency trading platform, with the goal of maintaining and developing Binance's system. BNB coin is used to trade with other coin on Binance along with BTC, ETH and USDT.What's special about BNB coin?
Binance coin is a unique currency of Binance and is used as a coin intermediary dealing with other coin so its liquidity is huge. You can buy BNB coin at any time. In addition, when you use Binance coin to trade the other coin on the floor Binance.com will be reduced transaction fees very much, as follows: Currently, in the first year, you will receive a 50% transaction fee discount when using BNB coin to buy other coin on Binance.com. In addition, Binance also uses BNB to pay for withdrawal and other fees.Selling Binance coin at any trading platform?
Of course Binance coin will be traded on the Binance.com floor , and it is also listed on EtherDelta but the transaction volume is negligible. Binance.com is emerging as a replacement for Bittrex, Poloniex or Bitfinex, due to low transaction costs and very fast transaction processing. If you are interested and want to invest in Binance coin then you can see the Binance.com account registration, verification and purchase guide below: The tutorial on buying and selling guides on how to load BTC to buy IOTA copper coin, if you want to buy BNB , the same way just replace IOTA with BNB is offline.Can BNB trade on Binance.com?
Most of the coin on Binance.com can be traded with BNB coin, of course except BTC, ETH and USDT. Since using BNB to trade will be reduced by 50% transaction fee so many investors have used BNB. Here are some coin that you can buy with BNB coin: And some other coin that you can watch directly on the BNB market of Binance.com.
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First I bought 1 BNB just to reduce my Binance fees... then I realized that there was actually some decent value in the coin itself. Im now holding 100 BNB and sitting with a nice little gain on my decision! It's only going to go up as they continue to buy back up the coin.
Yup I believe its gonna go up this year much more.