*Binance’s is currently the world’s largest cryptocurrency exchange as per data comes in August 2023 at its value of $ 6.7billion. Since its launch in July 2017 Binance’s has grown to its rapid rate.
*Binance’s exchange has its own cryptocurrency called as Binance’s coin and traded as a BNB coin.
*Binance coin (BNB) is the native currency of Binance‘s own blockchain, BNB has risen with the growth of exchange.
*Binance coin (BNB) has the market cap of 52 billion and ranks at forth, below Bitcoin, Ethereum, USD Tether.
Founder of Binance coin (BNB)
*Changpeng Zhao is the founder and CEO of Binance coin.
*Binance name has been created with the combination of Bitcoin and finance. Binance coin was created in 2017 by Binance.
Circulation of Binance coin (BNB)
*Binace coin has a total supply of 149,544,215 tokens in market, currently 149,514,215 tokens are circulating in market.
Use of Binance coin (BNB)
*Binance coin uses for payments at many places like- Monetha, HTC and Crypto.com.
*Binance coin also uses for travel bookings you can book your travel on these websites like-Travelbybit, Trip.io and Travala.com, you can also pay for your online services at BitTorrent, Canva and storm.
*Binance coin is also uses for financial purpose you can take a loan on Ethlend or you can make investments at Moeda.
More about Binance coin
*This is highly liquid crypto, which pairs with more than 400 cryptocurrencies.
*Binance as a trading site has an impeccable reputation, which made it the biggest exchange of today.
*BNB developing team monitors it closely to prevent high inflation.
*Lower commission is highly accessible for Binance coin users, which is a great deal.
*A certain percentage of BNB is burned regularly to maintain the system and ensure stability and value of its crypto.
Technical and future on Binance coin (BNB)
*As i have shown below in my chart BNB has came down in October 2023 take its liquidity and went up from there and created a order block at level of 218$.
*In next 2-3 months there is a high chance of BNB to come down and fill its order block at it level of 218$.
*So if anyone want to invest in BNB then make sure to buy at its level of 218$ as i have shown in chart below.
*If you invest at the given level then you can just 5x your investment in 2025.
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