Binance Coin Token is another fast rising coin in the cryptocurrency market today.
On this article, we are going to review Binance Coin.
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About Binance Coin
Binance Coin is the cryptocurrency issued by Binance exchange and trades with the BNB symbol. Binance coin initially ran on the Ethereum blockchain with ERC 20 standard but has since become the native coin of the Binance chain. Binance coin has a strict maximum of 200 million BNB tokens.
Binance Coin Supply
There are 153,432,897.00 BNB in supply.
Pros of Binance Coin
- A lot of investors are ‘flocking’ to invest
- It is now listed on Coinbase
- They are fully decentralized
Cons of Binance Coin
- The coin is still under development
- Multiple issues with its synchronizations between ledgers
Is Binance Coin Legit or Scam?
Due to the high rate of scam in cryptocurrency, a lot of traders have been trading in fear and most have also given up.
According to research, Binance Coin is not a scam coin. It has been listed on top cryptocurrency wallets like Blockchain, Binance and lots more.
Follow our blog to learn about coin legitimacy. You can share your thoughts and experiences about Binance Coin on the comment section below. Don’t forget to rate and leave a review.