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Author Topic: Binance announces 28 new use cases for BNB, more coming  (Read 8828 times)

Offline Mercury

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Binance announces 28 new use cases for BNB, more coming
« on: June 02, 2019, 04:43:42 PM »

There are now at least 83 different use cases for storing, using, and spending Binance Coin. The exchange said that its #UseBNB initiative will further increase this number, as more and more platforms are being launched on Binance Chain.

There are now 83 different places where you can use BNB

Binance Coin (BNB), one of the best performing tokens in 2019, has seen both its value and its use cases increase by 50 percent in the past month. According to an official announcement from Binance, there are currently 83 different use cases for storing, using, and spending BNB.

The management at Binance explained that there were around 55 use cases in March, the last time the exchange issued such an announcement, which means that their number increased by more than 50 percent in just over a month.

In an official blog post, Binance noted that 28 more legitimate use cases for BNB have been added to the list. A very large percentage of the growth in use cases for the utility token was attributed to the launch of Binance Chain, the exchange’s own blockchain platform that features a decentralized exchange.

 carving out its own territory. https://t.co/xvisOCWuum

— CZ Binance (@cz_binance) May 29, 2019

Since the Binance Chain went live at the end of April, there have been dozens of crypto projects that have expressed an interest in releasing new tokens on the “high-performance blockchain,” Binance said.

The exchange claims that there are currently at least 24 different projects “publicly declaring” that they will be launching their crypto tokens on Binance Chain. While this information is yet to be confirmed, the popularity of Binance’s blockchain platform cannot be disputed.

More than two dozen different ways to use, store, and spend BNB

List of all the projects using BNB (Source: Binance)

The sharp increase in the number of use cases for BNB was attributed to the relatively large number of new crypto projects now running on Binance Chain. As BNB is the native token of the platform, all transactions involving other tokens on the Binance Chain will use BNB to pay for fees on the network.

“As more projects use Binance Chain and more people use the tokens on the blockchain, more BNB ends up being used,” the exchange said in the official blog post.

High-profile projects that have launched their own tokens on Binance Chain include Mithril, a decentralized social media platform that rewards content creators, Raven protocol, and Harmony.

Some of the new use cases for BNB include BitTorrent, BayPay, Coinify, MachiX, and Magnum Wallet.

Source

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Binance announces 28 new use cases for BNB, more coming
« on: June 02, 2019, 04:43:42 PM »

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Offline aiviaa485

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Re: Binance announces 28 new use cases for BNB, more coming
« Reply #1 on: June 26, 2020, 08:11:12 AM »
FinanceX seems to not want to miss the moment where the Exchange originated in Vietnam and is now able to assist the Binance ecosystem to be on a better path.
Then also PundiX is a token that was created for payments that have a system such as ATMs that are spread throughout the world including Brazil.

I see all the coins in this picture are something very enthusiastic where they do not want to miss the trend of the shining Binance to date throughout the world of cryptocurrency.
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Offline masudginanjar

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Re: Binance announces 28 new use cases for BNB, more coming
« Reply #2 on: August 05, 2020, 02:24:47 PM »
Lots of coins want to move from block code EThereum to blockchain from Binance.
Cases like this are because Binnace is able to compete with others.

I also see that Binance will solve this case more than 10 out of 28 good news and that if everything is achieved then the Binance score will be perfect!
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Offline ryap12

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Re: Binance announces 28 new use cases for BNB, more coming
« Reply #3 on: August 05, 2020, 02:28:54 PM »
Lots of coins want to move from block code EThereum to blockchain from Binance.
Cases like this are because Binnace is able to compete with others.

I also see that Binance will solve this case more than 10 out of 28 good news and that if everything is achieved then the Binance score will be perfect!

So its like BNB is the new ETH, right? It's going to be a great competition between who will win in the end between these two cryptos. Is this also a hint for BNB price to increase? These migrating projects requires BNB to make transactions so it will force project owners to stack a few BNBs. 
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Offline damsix

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Re: Binance announces 28 new use cases for BNB, more coming
« Reply #4 on: August 28, 2020, 08:59:09 AM »
I think the perfection of Binance is a big part of what CZ!
CZ knows very well what is needed now for the cryptocurrency market.

I'm sure that one day Binance Coin will give me a wonderful surprise Binance lovers!
I'm looking forward to this and this is what I've been waiting for since 2017!

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Offline Jawahara

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Re: Binance announces 28 new use cases for BNB, more coming
« Reply #5 on: September 20, 2020, 09:22:56 PM »
Binance is one exchange i highly respect. CZ always moving with the current trend within the cryptospace thus giving the exchange token (BNB) good use all the time. I see BNB doing exceptionally great compare with it counterpart exchange tokens of other platforms.

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Re: Binance announces 28 new use cases for BNB, more coming
« Reply #6 on: September 22, 2020, 09:49:35 PM »
Binance coin (BNB) follows a spreading policy in the market, both as a fee discount in the exchange and with business partnerships outside the exchange use. All businesses operating in business strive to offer the opportunity to trade with binance coin (BNB), a cryptocurrency that is 100% proven successful. I think bianance (BNB) will be used in more areas in the coming years.
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Re: Binance announces 28 new use cases for BNB, more coming
« Reply #6 on: September 22, 2020, 09:49:35 PM »


Offline kent47400

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Re: Binance announces 28 new use cases for BNB, more coming
« Reply #7 on: October 19, 2020, 06:12:21 AM »
Something valuable for BNB is key when CZ was able to pave the way for all cryptocurrencies to enter the Binance market.
Then after the cryptocurrency entered, CZ was able to attract cooperation with local banks for Fiat transactions.

I saw a lot of withdrawal buttons using P2P for Fiat and that's an entry point for the cryptocurrency market.
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ONION
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START MIX.
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