Traders will buy BNB as an investment if they believe that its price is likely to rise from the current dollar exchange rate , or with a view to using the cryptocurrency units to secure discounts as a Binance account holder.
Read moreCan I sell BNB coin?
Step by Step Guide to Sell Binance Coin Most users who sell BNB do so for Bitcoin (BTC) or Ethereum (ETH). While you unfortunately cannot sell BNB directly on Coinsquare, you can sell it on an altcoin exchange for Bitcoin or Ethereum and then use Coinsquare cash out to fiat currency like Euro or Canadian dollar .
Read moreWill BNB coin go up?
The Binance coin forecast indicates the long term earning potential of the Binance coin (BNB) to climb up to the maximum price of $14,800 by December 2030 , making BNB crypto a good investment in the future.
Read moreIs BNB a good investment in 2021?
All in all, BNB rose over 1,250% in 2021 . That’s a fantastic price gain, but it doesn’t put it close to the year’s best performers. So far, 2022 has been a different story. BNB is down almost 10% since the start of the year and over 30% on its all-time high in May last year.31 Oca 2022
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