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Author Topic: Why use Binance Coin??  (Read 657 times)

Offline Publictalk792

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Re: Why use Binance Coin??
« Reply #15 on: September 01, 2024, 04:44:40 PM »
BNB coin is a cryptocurrency developed and published by the world leading cryptocurrency exchange binance. Moreover despite being primarily used as a means of paying fees on the Binance exchange, BNB structure as a cryptocurrency allows it to facilitate everyday transactions with coins like Bitcoin, Litecoin, and more. This company is looking to expand its operations to include a variety of services which is why they have included the bnb coin market. You can use bnb in any workplace as per your choice.
I also think BNB coin is very promising because it can be used in many ways. It was created by Binance well known cryptocurrency exchange and is mainly used to pay fees on platform. But it can also use for everyday transactions with other popular cryptocurrencies like Bitcoin and Litecoin. Binance plan to expand its services and use of BNB in more markets this will increase its use and value too. Big advantage is that BNB can be used anywhere making it great choice for those looking for reliable and flexible cryptocurrency. Overall I think BNB coin has bright future.

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Re: Why use Binance Coin??
« Reply #15 on: September 01, 2024, 04:44:40 PM »

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Offline TomPluz

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Re: Why use Binance Coin??
« Reply #16 on: September 05, 2024, 07:14:23 AM »
BNB is not a token, it's a coin now. You may have to learn the basics first before recommending others where to invest. Well, it started as token and now it has its own blockchain and mainly viewed as Ethereum killer and for that sake BNB grown a lot in small time frame due to the flaws in the Ethereum network but does this has more potential to grow, that's uncertain though.

People who made the right move of investing with BNB when it just started and hodling on until it made a hyperbolic upwards in price certainly are smiling right now for making the right decision of supporting this coin which is also representing the whole Binance ecosystem. It would be safe to assume that 100% of the people in the cryptocurrency industry know now on Binance and the kind of influence and power it gathered after many years of success. Under the leadership of CZ, Binance is a symbol of growth and admirable strategies and even if the man is not anymore in the front row of Binance am sure that BNB will continue to grow and be a big leader in the crypto industry despite the many challenges and upsets it would experience along the way.


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Re: Why use Binance Coin??
« Reply #17 on: September 05, 2024, 02:56:05 PM »
The BNB token is used to trade this cryptocurrency, which is used as a utility token to pay for trading fees and lower costs for transactions.  Invest in this coin as this cryptocurrency is predicted to reach new heights.  And it will continue to grow financially in the future,
BNB, a coin.
Coin launched by Binance, the top exchange in the world, as long as this exchange still exists, the utility of this coin will continue.

This coin also has a high market cap, competing with Solana. On the other hand, BNB coin is also used as a gas fee for all tokens or transactions with the BSC network. So, the use of this coin is also varied and makes this coin trusted.

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Re: Why use Binance Coin??
« Reply #18 on: September 05, 2024, 03:01:35 PM »
The BNB token is used to trade this cryptocurrency, which is used as a utility token to pay for trading fees and lower costs for transactions.  Invest in this coin as this cryptocurrency is predicted to reach new heights.  And it will continue to grow financially in the future,

Why?

Why is the coin predicted to grow in the future? And what is your source for this, because I have not seen any news website saying that BNB is going to go higher. Unless you are thinking about CZ getting out of prison will spike the BNB price, then I guess yeah, I can see where you're going with that. But these things are only temporary occurrences.

Like I said, I have not seen a single website predicting this so do give us more info.
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Re: Why use Binance Coin??
« Reply #19 on: September 11, 2024, 08:27:32 PM »
The BNB token is used to trade this cryptocurrency, which is used as a utility token to pay for trading fees and lower costs for transactions.  Invest in this coin as this cryptocurrency is predicted to reach new heights.  And it will continue to grow financially in the future,
BNB is not only used for trading fees or bsc blockchain fees.  We also use it to improve our financial condition.  I mean it is possible to earn huge profits by investing on BNB and make yourself more financially strong. BNB is a coin with a lot of potential. Binance is the top cryptocurrency exchange due to which BNB gets huge support from Binance. Especially Binance's Launchpad / Launchpool bumped up BNB more. I use BNB as transaction fee, as investment asset and to join Binance Launchpad / Launchpool.
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Offline |MINER|

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Re: Why use Binance Coin??
« Reply #20 on: September 11, 2024, 09:25:51 PM »
BNB is not only used for trading fees or bsc blockchain fees.  We also use it to improve our financial condition.  I mean it is possible to earn huge profits by investing on BNB and make yourself more financially strong. BNB is a coin with a lot of potential. Binance is the top cryptocurrency exchange due to which BNB gets huge support from Binance. Especially Binance's Launchpad / Launchpool bumped up BNB more. I use BNB as transaction fee, as investment asset and to join Binance Launchpad / Launchpool.
I agree with you on this because I know many people who used to hold huge amounts of BNB and later gained a good amount of profit by staking on binance's laucnpool. Although there are various allegations on Binance exchanger, currently, if centralized exchanges are to be trusted, then binance should be placed first in the trust list.
But I don't suggest to invest BNB coin just to participate in this lauchnchpool because BNB is among the top five altcoins and it is possible to get a good profit for long term by investing here. Recently a friend of mine made about 4k USDT profit by holding BNB for long term although he is still holding to get more profit in future.

 

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