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 BNB a good coin?
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 moreWhat is a BNB coin?
BNB Coin is a cryptocurrency that is used primarily to pay transaction and trading fees on the Binance exchange .
Read moreDoes BNB coin have a future?
According to Binance coin prediction, the future of BNB is dependent on the growth of the Binance Exchange platform . And as per the current scenario, Binance Coin’s future looks bright which could lead to prices to new highs. And hence as per our BNB price prediction, the BNB price might cross $610 by the end of 2023.
Read moreWhy BNB coin is increasing?
With BNB opening the door to reduced fees , demand for the 165 million coins in circulation will undoubtedly rise when crypto enthusiasts are vying to log on to their accounts in a hurry. As we mentioned earlier, the increasing role of BNB Chain is also significant.
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