Binance coin (BNB) may be an excellent choice if you want to invest in a major cryptocurrency other than Bitcoin or Ethereum . On CoinMarketCap, Binance coin is now ranked #3 in terms of market capitalization, with a market cap of around $100 billion.
Read moreCan you get scammed on Binance?
Scammers are impersonating official Binance accounts and tweeting to ask for deposits to specific addresses in return for gifts . You will lose your tokens if you do this! Binance will never ask you to send coins directly to any address for any reason.
Read moreIs Binance safe to store coins?
Is It Safe to Hold Cryptocurrency in the Binance or Coinbase Exchanges? Both Binance and Coinbase insure their hot storage, but it may be safer to use your own cold storage via a hardware wallet .
Read moreIs the Binance wallet safe?
Binance offers a relatively secure, versatile way to invest in and trade cryptocurrencies . Binance could be overwhelming for beginners and experienced traders alike. Binance offers lower fees than many other cryptocurrency exchanges.
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