Binance

Binance Coin is the native token of the Binance blockchain network and powers the cryptocurrency exchange

What makes Binance Coin Valuable?

  1. It is the fourth biggest crytocurrency by "market cap".

  2. Binance Coin is supply-capped (there will only ever be 200,000,000 BNB).

  3. Binance coin powers the Binance exchange, which is the worlds largest crypto exchange; it is primarily known for crypto-to-crypto trading and provides access to large variety of altcoins.

  4. Binance coin also powers Smart Contracts on the Binanace Smart Chain and may now be staked for rewards.

Other facts about Binance Coin

  1. CZ Binance created Binance.

  2. Binance Coin is an ERC-20 token that runs on the Ethereum blockchain.

  3. Binance offers a variety of tools, platforms, and services for supporting the growth of the blockchain ecosystem.

  4. Paying transaction fees on Binance with BNB results in a discount.

  5. The name "Binance" is a fushion of "bitcoin" and "finance".

  6. Binance is limited for U.S. customers, with 22 states not yet supported in 2021.

Heading to the exchange for some BNB?