Advantages of Binance Coin
Coins have unique advantages. What makes Binance Coin interesting for investors? Low trading fees and discounts on them. Possibility of staking cryptocurrencies. Various financial services, including insurance. The platform is suitable for crowdfunding. BNB is part of one of the largest cryptocurrency exchanges in the world, which makes the coin very popular and full of opportunities.
Disadvantages of Binance Coin
Unfortunately, no coin is perfect and Binance Coin also has its disadvantages. What should investors think about in BNB? It largely depends on the performance of the parent company Binance. It is said that more than 80% of the BNB supply is held by Binance, which makes the platform centralized. The platform is subject to competition, including DEXs (decentralized exchanges), which eliminate the middleman and directly connect buyers and sellers.
