1. Trading Opportunities:
Binance lists hundreds of cryptocurrencies, giving users a wide range of coins to trade, invest, or hold — from major coins like Bitcoin $BTC and Ethereum $ETH to emerging altcoins.
2. Portfolio Diversification:
Access to many coins allows investors to spread risk across different assets, industries, and use cases (e.g., #defi , #NFTs , #AIToken -based ).
3. Earning Potential:
Many coins on Binance can be used in staking, liquidity farming, Launchpool, and Savings — offering passive income opportunities beyond trading.
4. Ecosystem Utility:
Some coins power entire ecosystems (e.g., $BNB for Binance Smart Chain). Holding these may offer perks like reduced trading fees, governance rights, or early access to token launches.
5. Market Influence:
Coins with high trading volume or popularity can influence market sentiment. Watching their price action gives insights into market trends.