- Rating Report list
Gyro Rating: Binance Coin| Rank: A| Risk: Low+【Update 11.14.2018】
BNB’s ranking has risen again by 2, which is worthy of attention. The stable performance of BNB in the bear market and the development of the Binance have brought enough confidence to investors. Before the BNB on the COINBASE exchange, we will do a simple market analysis, please pay attention to our blog. The bear market is long and we are moving forward together.
Rating: Buy | Binance (BNB) - Binance growth and adoption indicates an intrinsic valuation of $22.80
Binance paves the way for further upside led by increasing market share and user adoption
Binance Coin [BNB] - The Underlying Gas That Powers the Binance Ecosystem
The Binance Coin (BNB) is the native coin of the Binance cryptocurrency trading platform. The coin can be used to pay trading fees, transaction fees and listing fees on the platform. Binance incentivizes payment of fees via BNB by providing a substantial discount.
Binance Coin Rating Report
Binance Coin (BNB) is the governance token of Binance exchange and mainly used for paying the transaction fee, voting for new token, etc. The Binance team currently holds a certain amount of BNB tokens that approximates to roughly 40% of its total supply. Overall, Binance makes their vesting and burn mechanisms transparent and clear, keeping the total circulating supply of its BNB tokens stable. Its future progress is heavily relied on the development of the exchange platform.
Binance - Start the 2.0 Age of Cryptocurrency Exchange
Binance will issue its token coin, called the Binance Coin (BNB). A strict limit of 200MM BNB will be created, never to be increased. BNB will run natively on the Ethereum blockchain with ERC 20.
Binance Coin (BNB): The Token of the Largest Cryptocurrency Exchange
Binance Coin (BNB) is the liquidity token that is used on the Binance cryptocurrency exchange. Binance is one of the largest cryptocurrency exchanges in the world and the BNB coins are used on the exchange as one of the cross assets. BNB coins are ERC20 tokens and were sold to the public in a token sale in July of 2017. The BNB coin can be used by traders on the Binance platform to pay for fees. For those traders who are making use of the BNB, the exchange will rebate you the fees on a sliding scale over a period of 5 years. The BNB also has something called the quarterly "coin burn". The exchange will burn 20% of the profits that they make from the exchange and buy back the BNB. These will be "burned" or destroyed. This will continue until Binance has burned half of the total coin supply. The people behind the BNB token are the same leaders in charge of the Binance exchange including Zhao Changpeng, a well known cryptocurrency personality. BNB tokens are relatively stable and there is a large amount of liquidity should on the exchanges.