Sirwin
Sirwin

Why Buying Binance Coin(BNB)?


I don't have full knowledge about Binance and BNB Coin, What I know is that Binance is the largest and the most popular centralized Exchange in the world. BNB is a native coin on Binance. Ultimately, Binance Released Binance Smart Chain, similar to Etherescan the place where the Binance  #DeFi can be traded. Since BSC is released, There are a lot of projects from Ethereum as well as the investors have been migrating to BSC due to Gas fees on Ethereum Network. 

So BSC becomes Etherscan's competitor. From January 2021, the Cryptos enthusiasts spread the words about the utility and functionality of the  #BSC because the investors are overwhelmed with the gas fee demands to swap tokens from  #Uniswap,  #DEX aggregator, Curve, and more on Ethereum Network.

Now, Why Buying BNB? 

none

 

 #BNB has a great potential to grow and stay alive for the Crypto investors, the fees to swap tokens on  #PanCakeSwap and 1Inch the DEX on  #BSC are better than paying creepy gas fees on the #ETH network. You need BNB on Binance Smart Chain to pay the fees when you swap BEP-20 tokens.

BNB started its rally from January 2021 when the 14th BNB Buy-back burning released and fulfilled, BNB rose from $16 up to $368 against USDT. Currently, BNB trade is stabilized at the price of $260 around. Keep in mind, the market is Bullish.:bull::bull:. ETH achieved its goal to hit $2000, why not BNB?

 

I Did not buy  #BNB when it was at 16( :fomo:). If I just put some amount of my Ariary currency(Malagasy Currency) on BNB so far my portfolio gonna be wealthy. But "Better Late Than Never". Now is time for me to Buy BNB no matter what happened in Cryptos Market. 

This is my own opinion, I don't know if you think you have to Buy BNB or not I am not a financial advisor. Do your own research(DYOR) before you investing. I just share my thought about  #BNB.

What do you have to say about  #BNB? Do you think to buy  #BNB

 

Relative Post On Publish0x: Binance DeFri vs Ethereum DeFi.

 

FOLLOW ME ON

 

My LBRY Tv official link and Channel:https://lbry.tv/$/invite/@JOBKANDRAGASTAM:3 

 Read my content on my personal blog:https://www.publish0x.com/?a=Jrb2k8GMdW 

 Follow me on my Facebook fan page:https://web.facebook.com/dinikoragna 

 Follow me on Tweeter:https://twitter.com/BernardFety

Paying Decentralized NetBox Browser:https://netbox.global/r/86pPj 

Paying Decentralized Brave Browser:https://brave.com/?ref=fet830/

Get paid for your research:https://www.presearch.org/signup?rid=1862420 

 Get paid to surf on Decentralized social media:https://www.torum.com/signup?referral_code=fetinafety

WebTalk is a Social media same as LinkedIn. Follow me:https://get.webtalk.co/6835261

How do you rate this article?

28


Fety Bernard Etienne(fetinafety)
Fety Bernard Etienne(fetinafety)

I am a crypto enthusiast, and trader, an investor in many various platforms, and protocol of blockchain around the world. I love talking about Cryptocurrency.


Profitable Crypto Trading(Crypto Focus)
Profitable Crypto Trading(Crypto Focus)

All about Cryptos trading Analysis Forecast. Bear/Bull scenario.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.