Binance Coin opinions
Summary:
So far,2 of opinions have been recorded for Binance Coin. These opinions are not investment recommendations but the community's perspective on Binance Coin. Please do not make a purchase decision based on these Binance Coin opinions.
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Binance Coin opinion #2
Binance Coin, is obviously a Coin of the crypto exchange Binance. It has some advantages, that every coin has, which is bound to an exchange. So the fee is reduced, when you pay with this in the Binance universe.
The coin can also be used, to get interest for it.
I would recommend, to check out Binance and this coin yourself. As a Wallet, you can use Trust Wallet
Binance Coin opinion #1
Binance is a utility token for the Binance ecosystem, published in 2017 and based on ERC-20. Mining because of PoW (Proof of Work) like most other tokens is not possible here, because all coins are present at the release. The maximum number of BNB Coins is 200 million.
When staking NBB Coins, owners can claim discounted trades and other benefits from Binance's services. In addition, it is also possible to pay Binance directly with the NBB Coin.
As this token is of a centralised nature, as it was designed for Binance, NBB Coin is not a crypto currency outside the NBB ecosystem.
Other Exchanges also issue their Utitliy Token, so it remains to be seen what benefits Binance will be able to provide in the future with this coin.
However, the market capitalisation and the listing at the competing Exchanges show that this token will remain interesting for investors in the longer term.