Why use Binance Coin??

[Publictalk792]

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.

[TomPluz]

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.

[vegasus]

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.

[NotATether]

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.

[JISAN]

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.

[|MINER|]

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.

[yohananaomi]

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.

Of course, what you said is very true, that BNB is not only used as a fee we will pay on the binance network, but most importantly, BNB is very good at being used as a very attractive investment until now, because it always provides benefits to its holders. So it's no wonder why binance always pays special attention to BNB because binance is very confident that BNB will be able to be big until now.

[vegasus]

Of course, what you said is very true, that BNB is not only used as a fee we will pay on the binance network, but most importantly, BNB is very good at being used as a very attractive investment until now, because it always provides benefits to its holders. So it's no wonder why binance always pays special attention to BNB because binance is very confident that BNB will be able to be big until now.

Well, indeed BNB is one of the top investments, for me, at least it is a very worthwhile investment. BNB not only comes from the top global exchange that makes us confident in its performance and fundamentals, but also based on the market conditions, BNB is worth it. The price increase is quite significant and has even exceeded ATH in the bull market last season. It's just that now it's still quite down because the end of last year was indeed a very high drop. But now, the situation has started to change.

It's just a shame, the very tight competition between BNB and SOL makes the position of the coin often change on CMC. Even now BNB's position has been taken over by SOL in position -5. Although who knows how long it will last. Because both are competing very tightly, their market caps are actually not much different from each other. Therefore, these two coins compete very closely. And we can actually get benefits from it.

[joniboini]

It's just a shame, the very tight competition between BNB and SOL makes the position of the coin often change on CMC. Even now BNB's position has been taken over by SOL in position -5. Although who knows how long it will last. Because both are competing very tightly, their market caps are actually not much different from each other. Therefore, these two coins compete very closely. And we can actually get benefits from it.

I don't really care about the CMC position, to be honest. Some of my biggest gains actually come from tokens in the lower top 100, granted I need to be lucky for that. I also don't think these two share the same market, so both of them can grow at the same time if the opportunity comes. I think Solana has more competition against layer 2 or any scalability platform compared to BNB.

While it's true that for retail users both of these networks offer cheap and fast transactions, I believe fundamentally they're quite different in that they won't kill each other unless there's some terrible mistake from the dev team.

[yohananaomi]

Well, indeed BNB is one of the top investments, for me, at least it is a very worthwhile investment. BNB not only comes from the top global exchange that makes us confident in its performance and fundamentals, but also based on the market conditions, BNB is worth it. The price increase is quite significant and has even exceeded ATH in the bull market last season. It's just that now it's still quite down because the end of last year was indeed a very high drop. But now, the situation has started to change.

Binance greatly influences every movement of BNB, so it always makes a very large contribution, so that it can be a very attractive investment and contributes greatly to its holders. The ATH that is made always provides surprises and this indicates that BNB's ability is very reliable to be able to provide benefits for those who continue to hold it until now, and it is not impossible that this year will create a surprise ATH that might be like 2021

It's just a shame, the very tight competition between BNB and SOL makes the position of the coin often change on CMC. Even now BNB's position has been taken over by SOL in position -5. Although who knows how long it will last. Because both are competing very tightly, their market caps are actually not much different from each other. Therefore, these two coins compete very closely. And we can actually get benefits from it.

In fact, for me, competition like what is happening now between XRP and BNB, SOL will provide its own strength for Binance to continue to innovate so that its ranking can remain and always be below Ethereum and until now, it is still being done and this encourages the price of BNB to continue to increase well

[MUGNIA]

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,

        -      It cannot be denied that BnB is one of the best to holds in the long-term; I don't prioritize it right now; Instead, I prioritize other top altcoins that I think I can get better earnings than what is being said you op.

I only buy it when I have coins under the BSC network for the gas fee, but in terms of accumulation there is not yet really. It seems that I would rather hold meme coins that are on the top list than that. Although they have the same risk.

Actually, whatever coin is held, whether it is a meme coin or a top market coin, all require precise timing and proper research. Maybe meme coins can provide short-term profits but have a high risk of loss, unlike top market coins, which can be relied on even if there is a decline, they will not die, it only takes time to get profits like before.

[Bobcrypto]

It's just a shame, the very tight competition between BNB and SOL makes the position of the coin often change on CMC. Even now BNB's position has been taken over by SOL in position -5. Although who knows how long it will last. Because both are competing very tightly, their market caps are actually not much different from each other. Therefore, these two coins compete very closely. And we can actually get benefits from it.

I don't really care about the CMC position, to be honest. Some of my biggest gains actually come from tokens in the lower top 100, granted I need to be lucky for that. I also don't think these two share the same market, so both of them can grow at the same time if the opportunity comes. I think Solana has more competition against layer 2 or any scalability platform compared to BNB.

While it's true that for retail users both of these networks offer cheap and fast transactions, I believe fundamentally they're quite different in that they won't kill each other unless there's some terrible mistake from the dev team.

Yeah, I got your points.The fact that there are notable coins at the top position on the Coinmarketcap, does not really make the difference in term of trading profit or returns on investments.
There are coins that are below the top 100 coins at Coinmarketcap's ranking that are Doing great, though for investments references, it is better to suggest the top 50 coins to people who are eager to start their investments. Suggesting the top 50 coins on the Coinmarketcap to newbies investors is reasonably because these coins has solid market history, and great potentials in the future.

[Gurujebs]

Of course, what you said is very true, that BNB is not only used as a fee we will pay on the binance network, but most importantly, BNB is very good at being used as a very attractive investment until now, because it always provides benefits to its holders. So it's no wonder why binance always pays special attention to BNB because binance is very confident that BNB will be able to be big until now.

There is going to be a time when Binance coin will be trading where Ethereum is trading right now. The exchange is very smart in this crypto business which is why they are always involved in any project that is trending on crypto, they always want to lead but not in a greedy way, it's always in sensible way and all the benefits come back to Bina coin.

There is a reason to why CZ hasn't sold all of his bnb all this year, he is show casing what Satoshi is doing to his Bitcoin, as long as people see no trace of sell or this coin, interest in bnb coin will continue to increase and so is the price. This is why ethereum is finding it difficult to moves when other coins are moving.

[yohananaomi]

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,

        -      It cannot be denied that BnB is one of the best to holds in the long-term; I don't prioritize it right now; Instead, I prioritize other top altcoins that I think I can get better earnings than what is being said you op.

I only buy it when I have coins under the BSC network for the gas fee, but in terms of accumulation there is not yet really. It seems that I would rather hold meme coins that are on the top list than that. Although they have the same risk.

Actually, whatever coin is held, whether it is a meme coin or a top market coin, all require precise timing and proper research. Maybe meme coins can provide short-term profits but have a high risk of loss, unlike top market coins, which can be relied on even if there is a decline, they will not die, it only takes time to get profits like before.

Analysis is certainly always needed before determining where we will put our funds, either to meme coins or to potential altcoins that exist, Because if we determine and analyze incorrectly, it can harm the funds that we have put into the coin. Indeed, meme coins are not suitable for long-term investment but are very good for the short term and can also contribute if bitcoin increases well. If the old coin has potential, of course we have no fear because the price could improve again in time.

[Bobcrypto]

I don't believe using this as a utility token can increase the price. It's not that simple, IMO. I think having different projects on it and studying the new projects coming up in the BNB chain would bring value to it, and if there are none, it will lose value or remain stable.

In essence, it could be that you can get more money by just having your money invested, but it will take a long time.

One advantage of BNB over other coins as a utility coin is the fact that it is largely used during the initial exchange offering on the exchange ( launchpad). You know Binance exchange has the biggest community of users in the world, even on daily trading volumes, a situation that give it a wide gap among other exchanges to boost its BNB coin value over times.
As the largest crypto exchanges by trading volumes and biggest community of users, the tendency for its native, bnb to increase in value is very bright.