Binance as Stable coin

in #cryptocurrency6 years ago


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There are many stable coins right now in cryptomarket like Tether, USD coin etc but there is always chance of missing out profit if you exchanged your assets in any stable coin and whole market rises. There is pros and cons of every strategy in crypto trading.

I wanted to talk about Binance coin which can be somewhat treated as stable coin. Why? because it is the only coin which has retained and gained value in current bearish market. It is an exchange coin and right now they have implemented Dex, start accepting debit/credit cards for deposit and pioneered IEOs. Even if the market drops and your assets are in Bnb coin then it does not significantly drop like other Altcoins.

There is not doubt that in upcoming Bullrun this coin has potential to go beyond $50.